Timbercreek Financial (TSX:TF) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is Timbercreek Financial 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. Timbercreek Financial's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Timbercreek Financial's long-term debt to total assets ratio increased from Mar. 2023 (0.08) to Mar. 2024 (0.08). It may suggest that Timbercreek Financial is progressively becoming more dependent on debt to grow their business.

Timbercreek Financial LT-Debt-to-Total-Asset Historical Data

The historical data trend for Timbercreek Financial'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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Timbercreek Financial LT-Debt-to-Total-Asset Chart

Timbercreek Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.05

0.08

0.07

0.08

Timbercreek Financial 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															0.08	0.08	0.07	0.08	0.08

Timbercreek Financial LT-Debt-to-Total-Asset Calculation

Timbercreek Financial'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 )
	=	142.874	/	1785.957
	=	0.08

Timbercreek Financial'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 )
	=	143.083	/	1719.117
	=	0.08

Timbercreek Financial (TSX:TF) 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.

Timbercreek Financial LT-Debt-to-Total-Asset Related Terms

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Timbercreek Financial (TSX:TF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Timbercreek Financial Corp (TSX:TF) » Definitions » LT-Debt-to-Total-Asset

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TBCRF:USA 58O:Germany

Address

25 Price Street, Toronto, ON, CAN, M4W 1Z1

Website

https://www.timbercreekfinancial.com

Timbercreek Financial Corp is a Canada-based non-banking commercial real estate lender. The company provides shorter-duration, customized financing solutions to professional real estate investors. It invests directly in a diversified portfolio of structured mortgage loans primarily secured by stabilized, income-producing commercial real estates, such as multi-residential, office and retail buildings located in urban markets across Canada. The company's strategy is to preserve investor capital by lending mainly against income producing real estate, mitigate concentration risk by diversifying geographically by asset type and borrower and ensure loan to value ratios.

Executives

Robert Blair Tamblyn

Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

Timbercreek Financial (TSX:TF) Headlines

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