Advance Residence Investment (TSE:3269) LT-Debt-to-Total-Asset : 0.44 (As of Jan. 2023)

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What is Advance Residence Investment 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. Advance Residence Investment's long-term debt to total assests ratio for the quarter that ended in Jan. 2023 was 0.44.

Advance Residence Investment's long-term debt to total assets ratio increased from Jan. 2022 (0.43) to Jan. 2023 (0.44). It may suggest that Advance Residence Investment is progressively becoming more dependent on debt to grow their business.

Advance Residence Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Advance Residence Investment'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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Advance Residence Investment LT-Debt-to-Total-Asset Chart

Advance Residence Investment Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

LT-Debt-to-Total-Asset

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0.42

0.45

0.42

Advance Residence Investment Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.43	0.44	0.44	-

Advance Residence Investment LT-Debt-to-Total-Asset Calculation

Advance Residence Investment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2021 is calculated as

LT Debt to Total Assets (A: Jul. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2021 )	/	Total Assets (A: Jul. 2021 )
	=	192789	/	457829.38
	=	0.42

Advance Residence Investment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2023 is calculated as

LT Debt to Total Assets (Q: Jan. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2023 )	/	Total Assets (Q: Jan. 2023 )
	=	208429	/	469629.651
	=	0.44

Advance Residence Investment (TSE:3269) 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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Advance Residence Investment (TSE:3269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Advance Residence Investment Corp (TSE:3269) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054

Website

http://www.adr-reit.com

Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

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