SOSiLA Logistics REIT (TSE:2979) LT-Debt-to-Total-Asset : 0.36 (As of Nov. 2023)

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What is SOSiLA 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. SOSiLA Logistics REIT's long-term debt to total assests ratio for the quarter that ended in Nov. 2023 was 0.36.

SOSiLA Logistics REIT's long-term debt to total assets ratio declined from Nov. 2022 (0.37) to Nov. 2023 (0.36). It may suggest that SOSiLA Logistics REIT is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for SOSiLA 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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SOSiLA Logistics REIT LT-Debt-to-Total-Asset Chart

SOSiLA Logistics REIT Annual Data

Trend

Nov19

Nov20

Nov21

Nov22

LT-Debt-to-Total-Asset

0.32

0.38

0.37

SOSiLA Logistics REIT Semi-Annual Data
	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.38	0.36	0.37	0.34	0.36

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

SOSiLA Logistics REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2022 is calculated as

LT Debt to Total Assets (A: Nov. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2022 )	/	Total Assets (A: Nov. 2022 )
	=	47800	/	127673.46
	=	0.37

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

LT Debt to Total Assets (Q: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2023 )	/	Total Assets (Q: Nov. 2023 )
	=	52700	/	146982.608
	=	0.36

SOSiLA Logistics REIT (TSE:2979) 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.

SOSiLA Logistics REIT LT-Debt-to-Total-Asset Related Terms

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SOSiLA Logistics REIT (TSE:2979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SOSiLA Logistics REIT Inc (TSE:2979) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Otemachi Place East Tower 2-3-2 Otemachi, Logistics Facilities Division, Chiyoda-ku, Tokyo, JPN

Website

http://www.sosila.com

SOSiLA Logistics REIT Inc offers logistics services. It offers facility based on the three themes Sociability, Sustainability and Logistic Aspect considering the environment and sustainable growth; and people and the work environment.

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