Comforia Residential REIT (TSE:3282) Debt-to-Equity : 1.11 (As of Jul. 2023)

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What is Comforia Residential REIT Debt-to-Equity?

Comforia Residential REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円21,780 Mil. Comforia Residential REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円142,230 Mil. Comforia Residential REIT's Total Stockholders Equity for the quarter that ended in Jul. 2023 was 円148,121 Mil. Comforia Residential REIT's debt to equity for the quarter that ended in Jul. 2023 was 1.11.

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

TSE:3282' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.02 Med: 1.07 Max: 1.11
Current: 1.11

During the past 11 years, the highest Debt-to-Equity Ratio of Comforia Residential REIT was 1.11. The lowest was 1.02. And the median was 1.07.

TSE:3282's Debt-to-Equity is ranked worse than
72.62% of 672 companies
in the REITs industry
Industry Median: 0.78 vs TSE:3282: 1.11

Comforia Residential REIT Debt-to-Equity Historical Data

The historical data trend for Comforia Residential 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.

* Premium members only.

Comforia Residential REIT Debt-to-Equity Chart

Comforia Residential REIT Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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1.05

1.06

1.04

1.07

1.11

Comforia Residential REIT Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															1.05	1.07	1.09	1.11	N/A

Competitive Comparison of Comforia Residential REIT's Debt-to-Equity

For the REIT - Residential subindustry, Comforia Residential 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.

Comforia Residential REIT's Debt-to-Equity Distribution in the REITs Industry

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

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

Comforia Residential REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Comforia Residential REIT's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(21780	+	142230)	/	148121.001
	=	1.11

Comforia Residential REIT's Debt to Equity Ratio for the quarter that ended in Jul. 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
	=	(21780	+	142230)	/	148121.001
	=	1.11

Comforia Residential REIT (TSE:3282) 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.

Comforia Residential REIT Debt-to-Equity Related Terms

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Comforia Residential REIT (TSE:3282) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Comforia Residential REIT Inc (TSE:3282) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1 Minami-Aoyama 1-chome, Minato-ku, Tokyo, JPN

Website

http://www.comforia-reit.co.jp

Comforia Residential REIT Inc is a Japan-based residential real estate investment trust. The company is engaged in investment in residential real estates for lease, real estate backed assets and general leasing properties. It offers leasing properties for singles and small families. The REIT invests in leasing properties located in Tokyo metropolitan and other residential properties in communities in other cities.

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