GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Uniti Group Inc (NAS:UNIT) » Definitions » Debt-to-Equity

Uniti Group (Uniti Group) Debt-to-Equity : -2.26 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Uniti Group Debt-to-Equity?

Uniti Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Uniti Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,626 Mil. Uniti Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-2,486 Mil. Uniti Group's debt to equity for the quarter that ended in Dec. 2023 was -2.26.

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 Uniti Group's Debt-to-Equity or its related term are showing as below:

UNIT' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.71   Med: -3   Max: -2.26
Current: -2.26

During the past 12 years, the highest Debt-to-Equity Ratio of Uniti Group was -2.26. The lowest was -3.71. And the median was -3.00.

UNIT's Debt-to-Equity is not ranked
in the REITs industry.
Industry Median: 0.78 vs UNIT: -2.26

Uniti Group Debt-to-Equity Historical Data

The historical data trend for Uniti Group'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.

Uniti Group Debt-to-Equity Chart

Uniti Group 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 -3.24 -2.26 -2.43 -2.32 -2.26

Uniti Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.32 -2.35 -2.35 -2.32 -2.26

Competitive Comparison of Uniti Group's Debt-to-Equity

For the REIT - Specialty subindustry, Uniti Group'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.


Uniti Group's Debt-to-Equity Distribution in the REITs Industry

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

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



Uniti Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Uniti Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Uniti Group  (NAS:UNIT) 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.


Uniti Group Debt-to-Equity Related Terms

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


Uniti Group (Uniti Group) Business Description

Traded in Other Exchanges
Address
2101 Riverfront Drive, Suite A, Little Rock, AR, USA, 72202
Uniti is a REIT with about 135,000 route miles of fiber in the U.S., primarily in the Southeast. Uniti reports its business in two segments: leasing and fiber. Leasing currently makes up about 75% of total revenue and consists mostly of Uniti's master lease agreement with Windstream. Uniti was spun out of Windstream in 2015 with a substantial portion of Windstream's network assets, and it immediately leased the entire portfolio back for Windstream's exclusive use. Other leasing revenue stems from sale-leaseback transactions with other fiber holders. Uniti generates fiber revenue by leasing dark and lit fiber to wireless carriers and other enterprises.
Executives
Kenny Gunderman director, officer: See Remarks C/O AMERICA'S CAR-MART, INC., 802 SE PLAZA AVE, SUITE 200, BENTONVILLE AR 72712
Michael Friloux officer: EVP - Chief Technology Officer 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Paul Bullington officer: Interim CFO and PFO 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Travis Black officer: Interim PAO 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Carmen Perez-carlton director 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
David L Solomon director 5847 SAN FELIPE SUITE 320, HOUSTON TX 77057
Blake Schuhmacher officer: Principal Accounting Officer 10802 EXECUTIVE CENTER DRIVE, BENTON BUILDING, SUITE 300, LITTLE ROCK AR 72211
Daniel L Heard officer: See Remarks 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Ronald J. Mudry officer: EVP-Pres of Fiber Operations 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Andrew Frey director 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Scott G. Bruce director 10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Windstream Holdings, Inc. 10 percent owner 4001 RODNEY PARHAM RD., LITTLE ROCK AR 72212
Windstream Services, Llc 10 percent owner 4001 RODNEY PARHAM ROAD, LITTLE ROCK AR 72212
Jennifer S Banner director 214N TRYON STREET, CHARLOTTE NC 28202
Francis X Frantz director ONE ALLIED DRIVE, LITTLE ROCK AR 72202