Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Sustainable Real Estate Dividend Fund Debt-to-Equity?

Sustainable Real Estate Dividend Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Sustainable Real Estate Dividend Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Sustainable Real Estate Dividend Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$17.34 Mil. Sustainable Real Estate Dividend Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Sustainable Real Estate Dividend Fund's Debt-to-Equity or its related term are showing as below:

TSX:MSRE.UN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.11 Max: 0.11
Current: 0.17

During the past 2 years, the highest Debt-to-Equity Ratio of Sustainable Real Estate Dividend Fund was 0.11. The lowest was 0.11. And the median was 0.11.

TSX:MSRE.UN's Debt-to-Equity is ranked better than
54.3% of 1011 companies
in the Asset Management industry
Industry Median: 0.19 vs TSX:MSRE.UN: 0.17

Sustainable Real Estate Dividend Fund Debt-to-Equity Historical Data

The historical data trend for Sustainable Real Estate Dividend 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.

Sustainable Real Estate Dividend Fund Debt-to-Equity Chart

Sustainable Real Estate Dividend Fund Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

0.11

Sustainable Real Estate Dividend Fund Semi-Annual Data
	Dec22	Jun23	Dec23
Debt-to-Equity	0.11	0.17	-

Competitive Comparison of Sustainable Real Estate Dividend Fund's Debt-to-Equity

For the Asset Management subindustry, Sustainable Real Estate Dividend 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.

Sustainable Real Estate Dividend Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sustainable Real Estate Dividend Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sustainable Real Estate Dividend Fund's Debt-to-Equity falls into.

Sustainable Real Estate Dividend Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sustainable Real Estate Dividend Fund's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0	+	0)	/	17.336
	=	0.00

Sustainable Real Estate Dividend Fund's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	0)	/	17.336
	=	0.00

Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) 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.

Sustainable Real Estate Dividend Fund Debt-to-Equity Related Terms

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Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

First Canadian Place, 58th Floor, P.O. Box 192, Toronto, ON, CAN, M5X 1A6

Website

https://www.middlefield.com

Sustainable Real Estate Dividend Fund is a closed-ended investment trust. The investment objectives of the Sustainable Real Estate Dividend Fund are to provide holders of units with stable monthly cash distributions and enhanced long-term total return through capital appreciation of the Fund's investment portfolio.

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