GLP J-REIT (TSE:3281) Debt-to-Equity : 0.84 (As of Aug. 2023)

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What is GLP J-REIT Debt-to-Equity?

GLP J-REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円31,470 Mil. GLP J-REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円365,090 Mil. GLP J-REIT's Total Stockholders Equity for the quarter that ended in Aug. 2023 was 円472,315 Mil. GLP J-REIT's debt to equity for the quarter that ended in Aug. 2023 was 0.84.

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

TSE:3281' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.83 Med: 0.86 Max: 1.12
Current: 0.84

During the past 11 years, the highest Debt-to-Equity Ratio of GLP J-REIT was 1.12. The lowest was 0.83. And the median was 0.86.

TSE:3281's Debt-to-Equity is ranked worse than
54.02% of 672 companies
in the REITs industry
Industry Median: 0.78 vs TSE:3281: 0.84

GLP J-REIT Debt-to-Equity Historical Data

The historical data trend for GLP J-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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GLP J-REIT Debt-to-Equity Chart

GLP J-REIT Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.86

0.84

0.83

0.84

GLP J-REIT Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.84	0.84	0.84	0.84	N/A

Competitive Comparison of GLP J-REIT's Debt-to-Equity

For the REIT - Industrial subindustry, GLP J-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.

GLP J-REIT's Debt-to-Equity Distribution in the REITs Industry

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

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

GLP J-REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GLP J-REIT'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
	=	(31470	+	365090)	/	472315.259
	=	0.84

GLP J-REIT'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
	=	(31470	+	365090)	/	472315.259
	=	0.84

GLP J-REIT (TSE:3281) 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.

GLP J-REIT Debt-to-Equity Related Terms

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

GLP J-REIT (TSE:3281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » GLP J-REIT (TSE:3281) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shiodome City Center, 1-5-2, Higashi-Shimbashi, Minato-ku, Tokyo, JPN

Website

http://www.glpjreit.com

GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.

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