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Medalist Diversified REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Medalist Diversified REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $50.60 Mil. Medalist Diversified REIT's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $13.74 Mil. Medalist Diversified REIT's debt to equity for the quarter that ended in Mar. 2024 was 3.68.
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 Medalist Diversified REIT's Debt-to-Equity or its related term are showing as below:
During the past 8 years, the highest Debt-to-Equity Ratio of Medalist Diversified REIT was 4.80. The lowest was 1.57. And the median was 3.27.
The historical data trend for Medalist Diversified 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.
Medalist Diversified REIT Annual Data | |||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 3.27 | 4.68 | 2.54 | 3.56 | 4.20 |
Medalist Diversified REIT Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Debt-to-Equity | Get a 7-Day Free Trial | 3.85 | 4.11 | 4.80 | 4.20 | 3.68 |
For the REIT - Diversified subindustry, Medalist Diversified 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.
For the REITs industry and Real Estate sector, Medalist Diversified REIT's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Medalist Diversified REIT's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Medalist Diversified REIT's Debt to Equity Ratio for the fiscal year 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 | |
= | (1 | + | 50.773) | / | 12.321 | |
= | 4.20 |
Medalist Diversified REIT's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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 | + | 50.595) | / | 13.743 | |
= | 3.68 |
* 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.
Medalist Diversified REIT (NAS:MDRR) 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.
Thank you for viewing the detailed overview of Medalist Diversified REIT's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Emanuel D Neuman | director | C/O MEDALIST DIVERSIFIED REIT, INC., PO BOX 8436, RICHAMOND VA 23226 |
Benjamin Ore | other: Senior Accountant | 12215 HAMPTON VALLEY TURN, CHESTERFIELD VA 23832 |
David Lunin | director | C/O MEDALIST DIVERSIFIED REIT, INC., PO BOX 8436, RICHMOND VA 23226 |
Timothy Patrick O'brien | director | 7504 HACKAMORE DRIVE, POTOMAC MD 20854 |
Frank Kavanaugh | director, 10 percent owner | 3419 VIA LIDO, SUITE 470, NEWPORT BEACH CA 92663 |
Winn Charles Brent Jr. | officer: Chief Financial Officer | 9601 CRAGMONT DRIVE, RICHMOND VA 23229 |
Elliott Colin | other: Vice President | 2915 MONUMENT AVE., RICHMOND VA 23221 |
Alfred Lee Finley | 10 percent owner | 2800 GOLDEN TRIANGLE BLVD, FORT WORTH TX 76177 |
Thomas E Messier | director, officer: See Remarks | 11 S. 12TH STREET, SUITE 401, RICHMOND VA 23219 |
Alf Operating Partners, Ltd. | 10 percent owner | 2800 GOLDEN TRIANGLE BLVD, FORT WORTH TX 76177 |
Susan Finley | 10 percent owner | 2800 GOLDEN TRIANGLE BLVD, FORT WORTH TX 76177 |
Alf Acquisitions Company, Llc | 10 percent owner | 2800 GOLDEN TRIANGLE BLVD, FORT WORTH TX 76177 |
Neil P Farmer | director | 7 SHADOW LANE, RICHMOND VA 23229 |
Bitnile Holdings, Inc. | 10 percent owner | 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141 |
Dianna Raedle | director | 240 CENTRAL PARK SOUTH, APT 6B, NEW YORK NY 10019 |
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