Lafinca Global Assets Socimi (XMAD:YLFG) LT-Debt-to-Total-Asset : 0.66 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Lafinca Global Assets Socimi 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. Lafinca Global Assets Socimi's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.66.

Lafinca Global Assets Socimi's long-term debt to total assets ratio increased from Dec. 2022 (0.66) to Dec. 2023 (0.66). It may suggest that Lafinca Global Assets Socimi is progressively becoming more dependent on debt to grow their business.

Lafinca Global Assets Socimi LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lafinca Global Assets Socimi'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.

Lafinca Global Assets Socimi LT-Debt-to-Total-Asset Chart

Lafinca Global Assets Socimi Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.63

0.62

0.66

Lafinca Global Assets Socimi Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.62	0.62	0.66	0.65	0.66

Lafinca Global Assets Socimi LT-Debt-to-Total-Asset Calculation

Lafinca Global Assets Socimi'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 )
	=	423.667	/	639.16
	=	0.66

Lafinca Global Assets Socimi's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	423.667	/	639.16
	=	0.66

Lafinca Global Assets Socimi (XMAD:YLFG) 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.

Lafinca Global Assets Socimi LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Lafinca Global Assets Socimi's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Lafinca Global Assets Socimi (XMAD:YLFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lafinca Global Assets Socimi SA (XMAD:YLFG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Parque Empresarial LAFINCA Paseo Club Deportivo 1, Edif. 11, Pozuelo de Alarcon, Madrid, ESP, 28223

Website

https://www.lafincaglobalassets.com

Lafinca Global Assets Socimi SA is a real estate investment trust. The company is engaged in acquisition and development of urban properties. Its portfolio includes residential and office buildings, and restaurants.

Lafinca Global Assets Socimi (XMAD:YLFG) Headlines

No Headlines