Ichigo Hotel REIT Investment (TSE:3463) Debt-to-Equity : 0.79 (As of Jul. 2023)

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What is Ichigo Hotel REIT Investment Debt-to-Equity?

Ichigo Hotel REIT Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円20,470 Mil. Ichigo Hotel REIT Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円5,000 Mil. Ichigo Hotel REIT Investment's Total Stockholders Equity for the quarter that ended in Jul. 2023 was 円32,320 Mil. Ichigo Hotel REIT Investment's debt to equity for the quarter that ended in Jul. 2023 was 0.79.

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 Ichigo Hotel REIT Investment's Debt-to-Equity or its related term are showing as below:

TSE:3463' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 0.79 Max: 0.82
Current: 0.79

During the past 8 years, the highest Debt-to-Equity Ratio of Ichigo Hotel REIT Investment was 0.82. The lowest was 0.59. And the median was 0.79.

TSE:3463's Debt-to-Equity is ranked worse than
50.22% of 673 companies
in the REITs industry
Industry Median: 0.78 vs TSE:3463: 0.79

Ichigo Hotel REIT Investment Debt-to-Equity Historical Data

The historical data trend for Ichigo Hotel REIT Investment'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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Ichigo Hotel REIT Investment Debt-to-Equity Chart

Ichigo Hotel REIT Investment Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.79

0.80

0.82

0.79

Ichigo Hotel REIT Investment Semi-Annual Data
	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Debt-to-Equity	Get a 7-Day Free Trial											0.82	0.83	0.82	0.82	0.79

Competitive Comparison of Ichigo Hotel REIT Investment's Debt-to-Equity

For the REIT - Hotel & Motel subindustry, Ichigo Hotel REIT Investment'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.

Ichigo Hotel REIT Investment's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Ichigo Hotel REIT Investment's Debt-to-Equity falls into.

Ichigo Hotel REIT Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ichigo Hotel REIT Investment'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
	=	(20470	+	5000)	/	32319.652
	=	0.79

Ichigo Hotel REIT Investment'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
	=	(20470	+	5000)	/	32319.652
	=	0.79

Ichigo Hotel REIT Investment (TSE:3463) 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.

Ichigo Hotel REIT Investment Debt-to-Equity Related Terms

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

Ichigo Hotel REIT Investment (TSE:3463) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ichigo Hotel REIT Investment Corp (TSE:3463) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Uchisaiwaicho 1-1-1, Imperial Hotel Tower, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

http://www.ichigo-hotel.co.jp

Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.

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