Altarea SCA (XPAR:ALTA) Debt-to-Equity : 1.20 (As of Jun. 2023)

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What is Altarea SCA Debt-to-Equity?

Altarea SCA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €419 Mil. Altarea SCA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €2,170 Mil. Altarea SCA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €2,165 Mil. Altarea SCA's debt to equity for the quarter that ended in Jun. 2023 was 1.20.

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 Altarea SCA's Debt-to-Equity or its related term are showing as below:

XPAR:ALTA' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.18 Med: 1.9 Max: 2.29
Current: 1.53

During the past 13 years, the highest Debt-to-Equity Ratio of Altarea SCA was 2.29. The lowest was 1.18. And the median was 1.90.

XPAR:ALTA's Debt-to-Equity is ranked worse than
83.04% of 672 companies
in the REITs industry
Industry Median: 0.78 vs XPAR:ALTA: 1.53

Altarea SCA Debt-to-Equity Historical Data

The historical data trend for Altarea SCA'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.

Altarea SCA Debt-to-Equity Chart

Altarea SCA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.67

2.21

1.59

1.18

1.53

Altarea SCA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.59	1.33	1.18	1.20	1.53

Competitive Comparison of Altarea SCA's Debt-to-Equity

For the REIT - Residential subindustry, Altarea SCA'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.

Altarea SCA's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Altarea SCA's Debt-to-Equity falls into.

Altarea SCA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Altarea SCA's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(544.8	+	2258.4)	/	2375.2
	=	1.18

Altarea SCA's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(418.7	+	2170.3)	/	2165.3
	=	1.20

Altarea SCA (XPAR:ALTA) 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.

Altarea SCA Debt-to-Equity Related Terms

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Altarea SCA (XPAR:ALTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Altarea SCA (XPAR:ALTA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALTAp:UK XAL:Germany

Address

8 avenue Delcasse, Paris, FRA, 75008

Website

https://www.altarea.com

Altarea SCA is a real estate investment trust primarily engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. The company's entry-level and midrange residential apartment properties generate most of this income. In terms of geography, the vast majority of Altarea's revenue comes from its holdings in France's major urban areas, such as the Greater Paris region.