Australian Unity Office Fund (ASX:AOF) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Australian Unity Office Fund Debt-to-Equity?

Australian Unity Office Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Australian Unity Office Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$5.00 Mil. Australian Unity Office Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$282.63 Mil. Australian Unity Office Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 Australian Unity Office Fund's Debt-to-Equity or its related term are showing as below:

ASX:AOF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.45 Max: 0.51
Current: 0.02

During the past 8 years, the highest Debt-to-Equity Ratio of Australian Unity Office Fund was 0.51. The lowest was 0.02. And the median was 0.45.

ASX:AOF's Debt-to-Equity is ranked better than
98.22% of 673 companies
in the REITs industry
Industry Median: 0.78 vs ASX:AOF: 0.02

Australian Unity Office Fund Debt-to-Equity Historical Data

The historical data trend for Australian Unity Office Fund'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.

Australian Unity Office Fund Debt-to-Equity Chart

Australian Unity Office Fund Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.45

0.49

0.43

0.46

Australian Unity Office Fund Semi-Annual Data
	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	0.46	0.28	-	0.02

Competitive Comparison of Australian Unity Office Fund's Debt-to-Equity

For the REIT - Office subindustry, Australian Unity Office Fund'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.

Australian Unity Office Fund's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Australian Unity Office Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Australian Unity Office Fund's Debt-to-Equity falls into.

Australian Unity Office Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Australian Unity Office Fund'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	+	0)	/	313.622
	=	0.00

Australian Unity Office Fund'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	+	5)	/	282.627
	=	0.02

Australian Unity Office Fund (ASX:AOF) 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.

Australian Unity Office Fund Debt-to-Equity Related Terms

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

Australian Unity Office Fund (ASX:AOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Australian Unity Office Fund (ASX:AOF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

271 Spring Street, Level 15, Melbourne, VIC, AUS, 3000

Website

https://www.australianunityofficefund.com.au

Australian Unity Office Fund is a REIT engaged in owning and managing a diversified portfolio of nine office properties located across Australian metropolitan and CBD markets in Sydney, Adelaide, Melbourne, Brisbane, and Canberra. Its only operating segment is an investment in office properties. Geographically, it operates only in Australia. It generates revenue from rental income.

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