Derwent London (LSE:DLN) Debt-to-Equity : 0.39 (As of Dec. 2023)

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What is Derwent London Debt-to-Equity?

Derwent London's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £103.3 Mil. Derwent London's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1,267.4 Mil. Derwent London's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £3,508.8 Mil. Derwent London's debt to equity for the quarter that ended in Dec. 2023 was 0.39.

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 Derwent London's Debt-to-Equity or its related term are showing as below:

LSE:DLN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.25 Max: 0.39
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Derwent London was 0.39. The lowest was 0.18. And the median was 0.25.

LSE:DLN's Debt-to-Equity is ranked better than
83.16% of 671 companies
in the REITs industry
Industry Median: 0.78 vs LSE:DLN: 0.39

Derwent London Debt-to-Equity Historical Data

The historical data trend for Derwent London'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.

Derwent London Debt-to-Equity Chart

Derwent London Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.23

0.26

0.30

0.32

0.39

Derwent London 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															0.30	0.31	0.32	0.34	0.39

Competitive Comparison of Derwent London's Debt-to-Equity

For the REIT - Office subindustry, Derwent London'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.

Derwent London's Debt-to-Equity Distribution in the REITs Industry

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

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

Derwent London Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Derwent London's Debt to Equity Ratio for the fiscal year 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
	=	(103.3	+	1267.4)	/	3508.8
	=	0.39

Derwent London'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
	=	(103.3	+	1267.4)	/	3508.8
	=	0.39

Derwent London (LSE:DLN) 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.

Derwent London Debt-to-Equity Related Terms

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Derwent London (LSE:DLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Derwent London PLC (LSE:DLN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DWVYF:USA DLNl:UK DVK:Germany

Address

25 Savile Row, London, GBR, W1S 2ER

Website

https://www.derwentlondon.com

Derwent London PLC is a London-focused real estate investment trust. Derwent owns, manages, and refurbishes office real estate in Central London. Within this region, the majority of the company's assets are located in the districts of London's West End, such as Fitzrovia. Properties in London's Tech Belt and the City Borders also represent significant parts of the company's real estate portfolio. Derwent derives nearly all of its revenue from tenants in the form of rental income structured in mid-to-long-term leases. Office buildings in the central West End are responsible for the majority of revenue generated. Media and advertising companies, professional and business services firms, and retail head offices are all fairly evenly represented among the company's tenants.