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Phillips Edison (Phillips Edison) Debt-to-Equity : 0.93 (As of Mar. 2024)


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What is Phillips Edison Debt-to-Equity?

Phillips Edison's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $227.0 Mil. Phillips Edison's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,899.3 Mil. Phillips Edison's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,299.5 Mil. Phillips Edison's debt to equity for the quarter that ended in Mar. 2024 was 0.92.

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 Phillips Edison's Debt-to-Equity or its related term are showing as below:

PECO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5   Med: 0.97   Max: 2.08
Current: 0.93

During the past 11 years, the highest Debt-to-Equity Ratio of Phillips Edison was 2.08. The lowest was 0.50. And the median was 0.97.

PECO's Debt-to-Equity is ranked worse than
61.31% of 672 companies
in the REITs industry
Industry Median: 0.78 vs PECO: 0.93

Phillips Edison Debt-to-Equity Historical Data

The historical data trend for Phillips Edison'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.

Phillips Edison Debt-to-Equity Chart

Phillips Edison Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.42 0.93 0.90 0.90

Phillips Edison Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 0.93 0.88 0.90 0.93

Competitive Comparison of Phillips Edison's Debt-to-Equity

For the REIT - Retail subindustry, Phillips Edison'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.


Phillips Edison's Debt-to-Equity Distribution in the REITs Industry

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

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



Phillips Edison Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Phillips Edison's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Phillips Edison's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Phillips Edison  (NAS:PECO) 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.


Phillips Edison Debt-to-Equity Related Terms

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


Phillips Edison (Phillips Edison) Business Description

Traded in Other Exchanges
N/A
Address
11501 Northlake Drive, Cincinnati, OH, USA, 45249
Phillips Edison & Co Inc is a real estate investment trust. It invests primarily in well-occupied, grocery-anchored neighborhood and community shopping centers. It holds an integrated in-house operating platform built on market leading expertise designed to optimize property value and consistently deliver a great shopping experience.
Executives
Anthony E Terry director 9002 SAN MARCO COURT, ORLANDO FL 32819
Parilee Edison Wang director 3982 SADDLEBACK ROAD, PARK CITY UT 84098
Leslie T Chao director 103 EISENHOWER PARKWAY, ROSELAND NJ 07068
Paul Massey director PHILLIPS EDISON-ARC SHOPPING CENTER REIT, 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
John P Caulfield officer: CFO, SVP & Treasurer 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Elizabeth Fischer director 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Jane Silfen director 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
David W Garrison director C/O SONICWALL, INC.,, 1143 BORREGAS AVE, SUNNYVALE CA 94089
John A. Strong director 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Tanya Brady officer: See Remarks C/O PHILLIPS EDISON & COMPANY, INC., 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Gregory S. Wood director 800 SOUTH ST. STE # 305, WALTHAM MA 02453
Stephen R Quazzo director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Devin Ignatius Murphy officer: CFO, Secretary and Treasurer 104 MAIN STREET, SOUTHPORT CT 06890
Jeffrey Edison director, officer: Chairman of the Board & CEO 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Robert Mark Addy officer: Executive Vice President 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249