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Sankei Real Estate (TSE:2972) Debt-to-Asset : 0.51 (As of Aug. 2023)


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What is Sankei Real Estate Debt-to-Asset?

Sankei Real Estate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円16,000 Mil. Sankei Real Estate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円41,000 Mil. Sankei Real Estate's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Aug. 2023 was 円112,236 Mil. Sankei Real Estate's debt to asset for the quarter that ended in Aug. 2023 was 0.51.


Sankei Real Estate Debt-to-Asset Historical Data

The historical data trend for Sankei Real Estate's Debt-to-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.

Sankei Real Estate Debt-to-Asset Chart

Sankei Real Estate Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Asset
0.46 0.44 0.47 0.47 0.51

Sankei Real Estate Semi-Annual Data
Apr19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.47 0.47 0.51 -

Competitive Comparison of Sankei Real Estate's Debt-to-Asset

For the REIT - Office subindustry, Sankei Real Estate's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Sankei Real Estate's Debt-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Sankei Real Estate's Debt-to-Asset falls into.



Sankei Real Estate Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sankei Real Estate's Debt-to-Asset for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(16000 + 41000) / 112235.819
=0.51

Sankei Real Estate's Debt-to-Asset for the quarter that ended in Aug. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(16000 + 41000) / 112235.819
=0.51

* 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.


Sankei Real Estate  (TSE:2972) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Sankei Real Estate Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Sankei Real Estate's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Sankei Real Estate (TSE:2972) Business Description

Traded in Other Exchanges
N/A
Address
1-7-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Sankei Real Estate Inc is a Japanese based J-REIT. The company is engaged in the leasing of real estate properties, and owns office buildings.

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