Belpointe PREP LLC (Belpointe PREP LLC) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)

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What is Belpointe PREP LLC 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. Belpointe PREP LLC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

Belpointe PREP LLC's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.20). It may suggest that Belpointe PREP LLC is progressively becoming more dependent on debt to grow their business.

Belpointe PREP LLC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Belpointe PREP LLC'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.

Belpointe PREP LLC LT-Debt-to-Total-Asset Chart

Belpointe PREP LLC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.04

0.02

0.06

Belpointe PREP LLC Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.02	0.02	-	0.06	0.20

Belpointe PREP LLC LT-Debt-to-Total-Asset Calculation

Belpointe PREP LLC'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 )
	=	21.002	/	382.117
	=	0.05

Belpointe PREP LLC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	88.218	/	450.92
	=	0.20

Belpointe PREP LLC (AMEX:OZ) 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.

Belpointe PREP LLC LT-Debt-to-Total-Asset Related Terms

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Belpointe PREP LLC (Belpointe PREP LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Belpointe PREP LLC (AMEX:OZ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

255 Glenville Road, Greenwich, CT, USA, 06831

Website

https://www.belpointe.com

Belpointe PREP LLC is a qualified opportunity fund. The company's investments consist of properties located in qualified opportunity zones for the development or redevelopment of multifamily, student housing, senior living, healthcare, industrial, self-storage, hospitality, office, mixed-use, data centers, and solar projects located throughout the United States and its territories.

Executives

Dean W Drulias	director
Martin Lacoff	director, officer: Principal Financial Officer	515 W GREENS ROAD STE 720, HOUSTON TX 77067
Brandon E. Lacoff	director, officer: Chief Executive Officer	C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWICH CT 06831
Ronald Jr. Young	director	C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWICH CT 06831
Shawn Orser	director	C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWICH CT 06831
Timothy Oberweger	director	C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWHICH CT 06831

Belpointe PREP LLC (Belpointe PREP LLC) Headlines

From GuruFocus

Belpointe PREP, LLC Acquires New Opportunity Zone Property in Nashville, Tennessee

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By PRNewswire PRNewswire • 10-25-2022

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By sperokesalga sperokesalga • 05-17-2023

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By Tiesvg Tiesvg • 12-20-2022

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By PRNewswire PRNewswire • 01-14-2022