Nippon Prologis REIT (FRA:9NPA) Debt-to-Equity : 0.65 (As of Nov. 2023)

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What is Nippon Prologis REIT Debt-to-Equity?

Nippon Prologis REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was €194.5 Mil. Nippon Prologis REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was €1,863.1 Mil. Nippon Prologis REIT's Total Stockholders Equity for the quarter that ended in Nov. 2023 was €3,164.3 Mil. Nippon Prologis REIT's debt to equity for the quarter that ended in Nov. 2023 was 0.65.

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 Nippon Prologis REIT's Debt-to-Equity or its related term are showing as below:

FRA:9NPA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 0.65 Max: 0.67
Current: 0.65

During the past 10 years, the highest Debt-to-Equity Ratio of Nippon Prologis REIT was 0.67. The lowest was 0.62. And the median was 0.65.

FRA:9NPA's Debt-to-Equity is ranked better than
61.9% of 672 companies
in the REITs industry
Industry Median: 0.78 vs FRA:9NPA: 0.65

Nippon Prologis REIT Debt-to-Equity Historical Data

The historical data trend for Nippon Prologis REIT'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.

Nippon Prologis REIT Debt-to-Equity Chart

Nippon Prologis REIT Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov23

Debt-to-Equity

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0.62

0.65

0.64

0.65

Nippon Prologis REIT Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	May23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.65	0.64	0.65	0.64	0.65

Competitive Comparison of Nippon Prologis REIT's Debt-to-Equity

For the REIT - Industrial subindustry, Nippon Prologis REIT'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.

Nippon Prologis REIT's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Nippon Prologis REIT's Debt-to-Equity falls into.

Nippon Prologis REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nippon Prologis REIT's Debt to Equity Ratio for the fiscal year that ended in Nov. 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
	=	(194.456	+	1863.075)	/	3164.345
	=	0.65

Nippon Prologis REIT's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(194.456	+	1863.075)	/	3164.345
	=	0.65

Nippon Prologis REIT (FRA:9NPA) 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.

Nippon Prologis REIT Debt-to-Equity Related Terms

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

Nippon Prologis REIT (FRA:9NPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Prologis REIT Inc (FRA:9NPA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

3283:Japan

Address

Tokyo Building 21F, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6421

Website

http://www.prologis-reit.co.jp

Nippon Prologis REIT Inc is a Japanese real estate investment trust primarily involved in owning, operating, and developing logistics facilities in Japan's major urban markets. The company's real estate portfolio is comprised mainly of large, multitenant warehouse facilities located near transportation hubs and population clusters. Nippon Prologis also operates a sizable number of build-to-suit facilities with similar physical specifications to its other buildings. The majority of the company's properties are located in the Greater Tokyo area, while a significant percentage are located in the Greater Osaka area as well. Nippon Prologis derives nearly all of its income from rental revenue. Its customers include a variety of logistics, distribution, transportation, and industrial companies.

Nippon Prologis REIT (FRA:9NPA) Headlines

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