Sankei Real Estate (TSE:2972) Debt-to-Equity : 1.13 (As of Aug. 2023)

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What is Sankei Real Estate Debt-to-Equity?

Sankei Real Estate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円16,000 Mil. Sankei Real Estate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円41,000 Mil. Sankei Real Estate's Total Stockholders Equity for the quarter that ended in Aug. 2023 was 円50,565 Mil. Sankei Real Estate's debt to equity for the quarter that ended in Aug. 2023 was 1.13.

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 Sankei Real Estate's Debt-to-Equity or its related term are showing as below:

TSE:2972' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.9 Med: 0.99 Max: 1.13
Current: 1.13

During the past 5 years, the highest Debt-to-Equity Ratio of Sankei Real Estate was 1.13. The lowest was 0.90. And the median was 0.99.

TSE:2972's Debt-to-Equity is ranked worse than
73.62% of 671 companies
in the REITs industry
Industry Median: 0.78 vs TSE:2972: 1.13

Sankei Real Estate Debt-to-Equity Historical Data

The historical data trend for Sankei Real Estate'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.

Sankei Real Estate Debt-to-Equity Chart

Sankei Real Estate Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

0.95

0.90

1.01

0.99

1.13

Sankei Real Estate Semi-Annual Data
	Apr19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial					1.00	0.99	0.99	1.13	N/A

Competitive Comparison of Sankei Real Estate's Debt-to-Equity

For the REIT - Office subindustry, Sankei Real Estate'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.

Sankei Real Estate's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Sankei Real Estate's Debt-to-Equity falls into.

Sankei Real Estate Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sankei Real Estate's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(16000	+	41000)	/	50565.303
	=	1.13

Sankei Real Estate's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(16000	+	41000)	/	50565.303
	=	1.13

Sankei Real Estate (TSE:2972) 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.

Sankei Real Estate Debt-to-Equity Related Terms

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

Sankei Real Estate (TSE:2972) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sankei Real Estate Inc (TSE:2972) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.s-reit.co.jp

Sankei Real Estate Inc is a Japanese based J-REIT. The company is engaged in the leasing of real estate properties, and owns office buildings.

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