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Urban Logistics REIT (LSE:SHED) LT-Debt-to-Total-Asset : 0.31 (As of Sep. 2023)


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What is Urban Logistics REIT 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. Urban Logistics REIT's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.31.

Urban Logistics REIT's long-term debt to total assets ratio increased from Sep. 2022 (0.26) to Sep. 2023 (0.31). It may suggest that Urban Logistics REIT is progressively becoming more dependent on debt to grow their business.


Urban Logistics REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Urban Logistics REIT'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.

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Urban Logistics REIT LT-Debt-to-Total-Asset Chart

Urban Logistics REIT Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.36 0.22 0.34 0.21 0.31

Urban Logistics REIT Semi-Annual Data
Sep16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.21 0.26 0.31 0.31

Urban Logistics REIT LT-Debt-to-Total-Asset Calculation

Urban Logistics REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )/Total Assets (A: Mar. 2023 )
=356.493/1157.314
=0.31

Urban Logistics REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=358.769/1155.95
=0.31

* 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.


Urban Logistics REIT  (LSE:SHED) 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.


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Urban Logistics REIT (LSE:SHED) Business Description

Traded in Other Exchanges
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Urban Logistics REIT PLC is a property investment company. The company invests in the United Kingdom based industrial and logistics properties with a view to delivering attractive dividends and capital return to its shareholders. Its investment strategy is focused on smaller single let industrial and logistics properties in key geographical locations servicing high-quality tenants. Investment returns will be generated by quality stock, asset management, and a strong occupational market.

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