Arena REIT (ASX:ARF) Debt-to-Equity : 0.34 (As of Dec. 2023)

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What is Arena REIT Debt-to-Equity?

Arena REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.24 Mil. Arena REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$354.68 Mil. Arena REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,051.32 Mil. Arena REIT's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Arena REIT's Debt-to-Equity or its related term are showing as below:

ASX:ARF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.34 Max: 0.55
Current: 0.34

During the past 11 years, the highest Debt-to-Equity Ratio of Arena REIT was 0.55. The lowest was 0.29. And the median was 0.34.

ASX:ARF's Debt-to-Equity is ranked better than
86.33% of 673 companies
in the REITs industry
Industry Median: 0.78 vs ASX:ARF: 0.34

Arena REIT Debt-to-Equity Historical Data

The historical data trend for Arena REIT's Debt-to-Equity 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.

Arena REIT Debt-to-Equity Chart

Arena REIT Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.31

0.29

0.32

Arena REIT Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.31	0.32	0.34	0.32	0.34

Competitive Comparison of Arena REIT's Debt-to-Equity

For the REIT - Specialty subindustry, Arena REIT's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Arena REIT's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Arena REIT's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Arena REIT's Debt-to-Equity falls into.

Arena REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arena REIT's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.229	+	340.564)	/	1056.677
	=	0.32

Arena REIT's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.236	+	354.677)	/	1051.315
	=	0.34

Arena REIT (ASX:ARF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Arena REIT Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Arena REIT's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Arena REIT (ASX:ARF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Arena REIT (ASX:ARF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Exhibition Street, Level 32, Melbourne, VIC, AUS, 3000

Website

https://www.arena.com.au

Arena REIT is a childcare centre-focused real estate investment trust, or REIT, in Australia. The trust owns a portfolio of more than 230 long day care centres in Australia which provide preschool care for children aged from 0 to 5 years. Arena also owns 10 healthcare centres but childcare comprises majority of its portfolio based on property value. The Australian childcare and healthcare sectors both receive a significant amount of government funding which they expect to continue due to the essential nature of the services they provide.

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