Parkway Life Real Estate Investment Trust (SGX:C2PU) Debt-to-Equity : 0.59 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Parkway Life Real Estate Investment Trust Debt-to-Equity?

Parkway Life Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$53.6 Mil. Parkway Life Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$774.9 Mil. Parkway Life Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$1,414.6 Mil. Parkway Life Real Estate Investment Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.59.

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 Parkway Life Real Estate Investment Trust's Debt-to-Equity or its related term are showing as below:

SGX:C2PU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.6 Max: 0.67
Current: 0.59

During the past 13 years, the highest Debt-to-Equity Ratio of Parkway Life Real Estate Investment Trust was 0.67. The lowest was 0.56. And the median was 0.60.

SGX:C2PU's Debt-to-Equity is ranked better than
66.57% of 673 companies
in the REITs industry
Industry Median: 0.78 vs SGX:C2PU: 0.59

Parkway Life Real Estate Investment Trust Debt-to-Equity Historical Data

The historical data trend for Parkway Life Real Estate Investment Trust'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.

Parkway Life Real Estate Investment Trust Debt-to-Equity Chart

Parkway Life Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.63

0.67

0.58

0.60

0.59

Parkway Life Real Estate Investment Trust Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.58	0.50	0.60	0.57	0.59

Competitive Comparison of Parkway Life Real Estate Investment Trust's Debt-to-Equity

For the REIT - Healthcare Facilities subindustry, Parkway Life Real Estate Investment Trust'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.

Parkway Life Real Estate Investment Trust's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Parkway Life Real Estate Investment Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Parkway Life Real Estate Investment Trust's Debt-to-Equity falls into.

Parkway Life Real Estate Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Parkway Life Real Estate Investment Trust'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
	=	(53.559	+	774.912)	/	1414.557
	=	0.59

Parkway Life Real Estate Investment Trust'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
	=	(53.559	+	774.912)	/	1414.557
	=	0.59

Parkway Life Real Estate Investment Trust (SGX:C2PU) 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.

Parkway Life Real Estate Investment Trust Debt-to-Equity Related Terms

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

Parkway Life Real Estate Investment Trust (SGX:C2PU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Parkway Life Real Estate Investment Trust (SGX:C2PU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PRKWF:USA 3P51:Germany

Address

80 Robinson Road, Number 02-00, Singapore, SGP, 068898

Website

https://plifereit.com

Parkway Life Real Estate Investment Trust is a healthcare facility's real estate investment trust. that operates three segments: hospital and medical centers, nursing homes, and pharmaceutical manufacturing and distribution. Majority of the company's sales are generated by its hospital and medical centers segment, which invests in healthcare real estate assets. Majority of the company's revenuen is generated from Singapore, followed by Japan. The company considers merger and acquisition investment as a component of its operational growth strategy.

Parkway Life Real Estate Investment Trust (SGX:C2PU) Headlines

No Headlines