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Fortune Real Estate Investment Trust (HKSE:00778) Net Debt Paydown Yield % : -4.67% (As of Jun. 08, 2024)


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What is Fortune Real Estate Investment Trust Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Fortune Real Estate Investment Trust's Net Debt Paydown Yield % was -4.67%.


Fortune Real Estate Investment Trust Net Debt Paydown Yield % Historical Data

The historical data trend for Fortune Real Estate Investment Trust's Net Debt Paydown Yield % 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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Fortune Real Estate Investment Trust Net Debt Paydown Yield % Chart

Fortune Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 -0.69 -0.26 -3.32 -3.76

Fortune Real Estate Investment Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.26 -0.70 -3.32 -6.25 -3.76

Competitive Comparison of Fortune Real Estate Investment Trust's Net Debt Paydown Yield %

For the REIT - Retail subindustry, Fortune Real Estate Investment Trust's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


Fortune Real Estate Investment Trust's Net Debt Paydown Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fortune Real Estate Investment Trust's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Fortune Real Estate Investment Trust's Net Debt Paydown Yield % falls into.



Fortune Real Estate Investment Trust Net Debt Paydown Yield % Calculation

Fortune Real Estate Investment Trust's Net Debt Paydown Yield % for the quarter that ended in Dec. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 9222.64-9598.71 )/9992.7632
=-3.76 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Fortune Real Estate Investment Trust  (HKSE:00778) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Fortune Real Estate Investment Trust Net Debt Paydown Yield % Related Terms

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Fortune Real Estate Investment Trust (HKSE:00778) Business Description

Traded in Other Exchanges
Address
5 Temasek Boulevard, No. 12-01, Suntec Tower 5, Singapore, SGP, 038985
Fortune Real Estate Investment Trust is a real estate company that invests in retail shopping malls located in Hong Kong and Singapore with the primary objective of producing stable distributions for unitholders and achieving long-term growth in the net asset value per unit. The trust generates the majority of its revenue from rents and leases, with the remaining revenue from utility charges, management fees, car park revenue, license fees, and other sources. Fortune REIT's tenants include supermarkets, banking, and real estate services companies, restaurants, convenience stores, and general retailers.
Executives
Ck Asset Holdings Limited
Li Ka-shing

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