CT Real Estate Investment Trust (TSX:CRT.UN) LT-Debt-to-Total-Asset : 0.22 (As of Mar. 2024)

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What is CT Real Estate Investment Trust 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. CT Real Estate Investment Trust's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.22.

CT Real Estate Investment Trust's long-term debt to total assets ratio increased from Mar. 2023 (0.19) to Mar. 2024 (0.22). It may suggest that CT Real Estate Investment Trust is progressively becoming more dependent on debt to grow their business.

CT Real Estate Investment Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for CT Real Estate Investment Trust'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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CT Real Estate Investment Trust LT-Debt-to-Total-Asset Chart

CT Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.19

0.17

0.16

0.19

0.22

CT Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	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															0.19	0.18	0.18	0.22	0.22

CT Real Estate Investment Trust LT-Debt-to-Total-Asset Calculation

CT Real Estate Investment Trust'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 )
	=	1529.113	/	6966.564
	=	0.22

CT Real Estate Investment Trust'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 )
	=	1529.067	/	7030.529
	=	0.22

CT Real Estate Investment Trust (TSX:CRT.UN) 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.

CT Real Estate Investment Trust LT-Debt-to-Total-Asset Related Terms

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CT Real Estate Investment Trust (TSX:CRT.UN) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CT Real Estate Investment Trust (TSX:CRT.UN) » Definitions » LT-Debt-to-Total-Asset

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CTRRF:USA

Address

2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8

Website

https://www.ctreit.com

CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The most significant portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust's portfolio primarily consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.

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