Nippon Hotel & Residential Investment (TSE:3472) Debt-to-Equity : 0.46 (As of May. 2023)

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What is Nippon Hotel & Residential Investment Debt-to-Equity?

Nippon Hotel & Residential Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2023 was 円9,635 Mil. Nippon Hotel & Residential Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2023 was 円0 Mil. Nippon Hotel & Residential Investment's Total Stockholders Equity for the quarter that ended in May. 2023 was 円20,966 Mil. Nippon Hotel & Residential Investment's debt to equity for the quarter that ended in May. 2023 was 0.46.

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 Nippon Hotel & Residential Investment's Debt-to-Equity or its related term are showing as below:

TSE:3472' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 0.72 Max: 0.79
Current: 0.46

During the past 7 years, the highest Debt-to-Equity Ratio of Nippon Hotel & Residential Investment was 0.79. The lowest was 0.46. And the median was 0.72.

TSE:3472's Debt-to-Equity is ranked better than
77.71% of 673 companies
in the REITs industry
Industry Median: 0.78 vs TSE:3472: 0.46

Nippon Hotel & Residential Investment Debt-to-Equity Historical Data

The historical data trend for Nippon Hotel & Residential 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.

* Premium members only.

Nippon Hotel & Residential Investment Debt-to-Equity Chart

Nippon Hotel & Residential Investment Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Debt-to-Equity

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0.75

0.73

0.69

0.67

0.50

Nippon Hotel & Residential Investment Semi-Annual Data
	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Debt-to-Equity	Get a 7-Day Free Trial								0.68	0.67	0.57	0.50	0.46

Competitive Comparison of Nippon Hotel & Residential Investment's Debt-to-Equity

For the REIT - Hotel & Motel subindustry, Nippon Hotel & Residential 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.

Nippon Hotel & Residential Investment's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Nippon Hotel & Residential Investment's Debt-to-Equity falls into.

Nippon Hotel & Residential Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nippon Hotel & Residential Investment's Debt to Equity Ratio for the fiscal year that ended in Nov. 2022 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
	=	(10389.786	+	0)	/	20947.312
	=	0.50

Nippon Hotel & Residential Investment's Debt to Equity Ratio for the quarter that ended in May. 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
	=	(9634.887	+	0)	/	20965.926
	=	0.46

Nippon Hotel & Residential Investment (TSE:3472) 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.

Nippon Hotel & Residential Investment Debt-to-Equity Related Terms

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Nippon Hotel & Residential Investment (TSE:3472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Hotel & Residential Investment Corp (TSE:3472) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-4 Nihonbashihoncho, Chuo-ku, Tokyo, JPN, 103-0023

Website

https://oom-reit.com

Ooedo Onsen Reit Investment Corp is a real estate investment trust externally managed by Ooedo Onsen Asset Management Co., Ltd. The firm invests in onsen and spa-related facilities, mainly facilities. The company principally invests in hot spring-related industries, such as hotels, hot spring facilities and theme parks.

Nippon Hotel & Residential Investment (TSE:3472) Headlines

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