Warehouses Estates Belgium (FRA:WPK) LT-Debt-to-Total-Asset : 0.39 (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Warehouses Estates Belgium LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Warehouses Estates Belgium's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.39.

Warehouses Estates Belgium's long-term debt to total assets ratio declined from Dec. 2021 (0.40) to Dec. 2023 (0.39). It may suggest that Warehouses Estates Belgium is progressively becoming less dependent on debt to grow their business.

Warehouses Estates Belgium LT-Debt-to-Total-Asset Historical Data

The historical data trend for Warehouses Estates Belgium's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Warehouses Estates Belgium LT-Debt-to-Total-Asset Chart

Warehouses Estates Belgium Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.35

0.32

0.40

0.35

0.39

Warehouses Estates Belgium Quarterly Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.40	0.37	0.35	0.28	0.39

Warehouses Estates Belgium LT-Debt-to-Total-Asset Calculation

Warehouses Estates Belgium's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	124.226	/	322.445
	=	0.39

Warehouses Estates Belgium's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	124.226	/	322.445
	=	0.39

Warehouses Estates Belgium (FRA:WPK) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Warehouses Estates Belgium LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Warehouses Estates Belgium's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Warehouses Estates Belgium (FRA:WPK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Warehouses Estates Belgium SA (FRA:WPK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

WEB:Belgium

Address

29 Avenue Jean Mermoz, Gosselies, BEL, 6041

Website

https://www.w-e-b.be

Warehouses Estates Belgium SA Formerly Warehouses Estates Belgium SCA is a real estate investment trust. It operates in commercial, semi-industrial and industrial tenancy. It also rents out industrial properties, shopping centers, retail warehouses, offices, and residential properties.

Warehouses Estates Belgium (FRA:WPK) Headlines

No Headlines