The PRS REIT (LSE:PRSR) Debt-to-Equity : 0.60 (As of Dec. 2023)

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What is The PRS REIT Debt-to-Equity?

The PRS REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. The PRS REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £407.38 Mil. The PRS REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £679.01 Mil. The PRS REIT's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

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

LSE:PRSR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.56 Max: 0.73
Current: 0.6

During the past 6 years, the highest Debt-to-Equity Ratio of The PRS REIT was 0.73. The lowest was 0.21. And the median was 0.56.

LSE:PRSR's Debt-to-Equity is ranked better than
65.18% of 672 companies
in the REITs industry
Industry Median: 0.78 vs LSE:PRSR: 0.60

The PRS REIT Debt-to-Equity Historical Data

The historical data trend for The PRS 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.

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The PRS REIT Debt-to-Equity Chart

The PRS REIT Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.21

0.31

0.73

0.54

0.57

The PRS REIT Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.56	0.54	0.56	0.57	0.60

Competitive Comparison of The PRS REIT's Debt-to-Equity

For the REIT - Residential subindustry, The PRS 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.

The PRS REIT's Debt-to-Equity Distribution in the REITs Industry

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

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

The PRS REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The PRS REIT'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	+	375.185)	/	659.72
	=	0.57

The PRS REIT'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	+	407.376)	/	679.014
	=	0.60

The PRS REIT (LSE:PRSR) 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.

The PRS REIT Debt-to-Equity Related Terms

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

The PRS REIT (LSE:PRSR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » The PRS REIT PLC (LSE:PRSR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PRSRl:UK

Address

1 St. Ann Street, Floor 3, Manchester, GBR, M2 7LR

Website

https://www.theprsreit.com

The PRS REIT PLC operates as a real estate investment trust to focus on the Private Rented Sector. The company aims to provide investors with an attractive level of income together with the prospect of income and capital growth through investment in a portfolio of newly constructed private rented properties comprising mainly family homes. The company has only one operating segment named property, and the company only operates within the UK.