Japan Logistics Fund (TSE:8967) Debt-to-Equity : 0.84 (As of Jul. 2023)

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What is Japan Logistics Fund Debt-to-Equity?

Japan Logistics Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円15,500 Mil. Japan Logistics Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円104,200 Mil. Japan Logistics Fund's Total Stockholders Equity for the quarter that ended in Jul. 2023 was 円143,294 Mil. Japan Logistics Fund's debt to equity for the quarter that ended in Jul. 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 Japan Logistics Fund's Debt-to-Equity or its related term are showing as below:

TSE:8967' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.83 Max: 0.87
Current: 0.84

During the past 13 years, the highest Debt-to-Equity Ratio of Japan Logistics Fund was 0.87. The lowest was 0.56. And the median was 0.83.

TSE:8967's Debt-to-Equity is ranked worse than
54.02% of 672 companies
in the REITs industry
Industry Median: 0.78 vs TSE:8967: 0.84

Japan Logistics Fund Debt-to-Equity Historical Data

The historical data trend for Japan Logistics Fund'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.

Japan Logistics Fund Debt-to-Equity Chart

Japan Logistics Fund Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.87

0.82

0.85

0.84

Japan Logistics Fund 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															0.85	0.84	0.84	0.84	N/A

Competitive Comparison of Japan Logistics Fund's Debt-to-Equity

For the REIT - Industrial subindustry, Japan Logistics Fund'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.

Japan Logistics Fund's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Japan Logistics Fund's Debt-to-Equity falls into.

Japan Logistics Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Japan Logistics Fund'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
	=	(15500	+	104200)	/	143294.052
	=	0.84

Japan Logistics Fund'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
	=	(15500	+	104200)	/	143294.052
	=	0.84

Japan Logistics Fund (TSE:8967) 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.

Japan Logistics Fund Debt-to-Equity Related Terms

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Japan Logistics Fund (TSE:8967) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Japan Logistics Fund Inc (TSE:8967) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-3 Hitotsubashi 2-chome, Chiyoda-ku, Tokyo, JPN, 101-0003

Website

http://www.8967.jp

Japan Logistics Fund Inc is a Japan-based real estate investment trust. The company gives importance to the Tenants, Location, Size, Building, Building age, Soil and Rights in making investment decisions. Its investments are located in Tokyo metropolitan area, Kinki area, Chubu area and Kyushu area. The firm generates the majority of its revenues from leasing of properties.

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