American Assets Trust (American Assets Trust) Debt-to-Equity : 1.43 (As of Dec. 2023)

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What is American Assets Trust Debt-to-Equity?

American Assets Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. American Assets Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,712.9 Mil. American Assets Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,197.9 Mil. American Assets Trust's debt to equity for the quarter that ended in Dec. 2023 was 1.43.

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 American Assets Trust's Debt-to-Equity or its related term are showing as below:

AAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.04 Med: 1.36 Max: 1.61
Current: 1.43

During the past 13 years, the highest Debt-to-Equity Ratio of American Assets Trust was 1.61. The lowest was 1.04. And the median was 1.36.

AAT's Debt-to-Equity is ranked worse than
81.67% of 671 companies
in the REITs industry
Industry Median: 0.78 vs AAT: 1.43

American Assets Trust Debt-to-Equity Historical Data

The historical data trend for American Assets Trust'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.

American Assets Trust Debt-to-Equity Chart

American Assets Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.04

1.13

1.35

1.37

1.43

American Assets Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.37	1.41	1.41	1.42	1.43

Competitive Comparison of American Assets Trust's Debt-to-Equity

For the REIT - Diversified subindustry, American Assets Trust'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.

American Assets Trust's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where American Assets Trust's Debt-to-Equity falls into.

American Assets Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

American Assets Trust'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	+	1712.881)	/	1197.858
	=	1.43

American Assets Trust'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	+	1712.881)	/	1197.858
	=	1.43

American Assets Trust (NYSE:AAT) 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.

American Assets Trust Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of American Assets Trust's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

American Assets Trust (American Assets Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Assets Trust Inc (NYSE:AAT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3420 Carmel Mountain Road, Suite 100, San Diego, CA, USA, 92121

Website

https://www.americanassetstrust.com

American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company invests in, operates, and develops retail, office, residential, and mixed-use properties. Properties are primarily located in South California, Northern California, Oregon, Washington, and Hawaii. American Assets operates through four segments based on property type: retail; office; mixed-use, which consists of retail and hotel components; and multifamily, which includes the company's apartment properties. The retail and office segments collectively contribute the majority of the total revenue.

Executives

Ernest S Rady	director, 10 percent owner, officer: Executive Chairman	23 PASTEUR ROAD, C/O WESTCORP, IRVINE CA 92618
Nina A Tran	director	C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Adam Wyll	officer: Senior VP, Gen Counsel and Sec	11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Robert F. Barton	officer: Executive Vice President & CFO	11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Joy L. Schaefer	director	30699 RUSSELL RANCH ROAD, SUITE 295, WESTLAKE VILLAGE CA 91362
Duane Nelles	director	23 PASTEUR ROAD, IRVINE CA 92618
Jerry Gammieri	officer: V. P. Construction and Devlp	11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Patrick Kinney	officer: Senior VP of Real Estate Ops	11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
John W. Chamberlain	director, officer: CEO and President	11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
American Assets Inc	10 percent owner	3430 CARMEL MOUNTAIN ROAD, SUITE 150, SAN DIEGO CA 92121
Alan D Gold	director	17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128
Larry E Finger	director	1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Thomas S Olinger	director	C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Robert S Sullivan	director	P O BOX 1637, HOUSTON TX 77251
Lange Edward F Jr	director	405 PARK AVENUE, NEW YORK NY 10022