Equity Lifestyle Properties (Equity Lifestyle Properties) Debt-to-Equity : 2.46 (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Equity Lifestyle Properties Debt-to-Equity?

Equity Lifestyle Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $31 Mil. Equity Lifestyle Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,488 Mil. Equity Lifestyle Properties's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,429 Mil. Equity Lifestyle Properties's debt to equity for the quarter that ended in Dec. 2023 was 2.46.

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 Equity Lifestyle Properties's Debt-to-Equity or its related term are showing as below:

ELS' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.93 Med: 2.23 Max: 2.46
Current: 2.4

During the past 13 years, the highest Debt-to-Equity Ratio of Equity Lifestyle Properties was 2.46. The lowest was 1.93. And the median was 2.23.

ELS's Debt-to-Equity is ranked worse than
91.08% of 673 companies
in the REITs industry
Industry Median: 0.78 vs ELS: 2.40

Equity Lifestyle Properties Debt-to-Equity Historical Data

The historical data trend for Equity Lifestyle Properties'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.

Equity Lifestyle Properties Debt-to-Equity Chart

Equity Lifestyle Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.93

2.16

2.31

2.34

2.46

Equity Lifestyle Properties Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.35	2.41	2.45	2.46	2.40

Competitive Comparison of Equity Lifestyle Properties's Debt-to-Equity

For the REIT - Residential subindustry, Equity Lifestyle Properties'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.

Equity Lifestyle Properties's Debt-to-Equity Distribution in the REITs Industry

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

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

Equity Lifestyle Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Equity Lifestyle Properties'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
	=	(31	+	3487.607)	/	1428.721
	=	2.46

Equity Lifestyle Properties'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
	=	(31	+	3487.607)	/	1428.721
	=	2.46

Equity Lifestyle Properties (NYSE:ELS) 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.

Equity Lifestyle Properties Debt-to-Equity Related Terms

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

Equity Lifestyle Properties (Equity Lifestyle Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equity Lifestyle Properties Inc (NYSE:ELS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Two North Riverside Plaza, Suite 800, Chicago, IL, USA, 60606

Website

https://www.equitylifestyleproperties.com

Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 450 properties across the U.S. with a higher concentration in the Sunbelt region with 34% of the company's properties located in Florida, 11% in California, and 10% in Arizona. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.

Executives

Derrick Burks	director	C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Paul Seavey	officer: Sr Vice President & Treasurer	C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Freedman Constance	director	C/O EQUITY LIFESTYLE PROPERTIES, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Andrew Berkenfield	director	C/O EQUITY LIFESTYLE PROPERTIES, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Patrick Waite	officer: EVP & Chief Operating Officer	C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Marguerite M Nader	officer: Vice President-Business Deve.	2S601 AVENUE LA TOURS, OAK BROOK IL 60523
Valerie Henry	officer: Chief Accounting Officer	C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Roger Maynard	officer: Senior Vice President	MANUFACTURED HOME COMMUNITIES, INC., 2 N. RIVERSIDE PLAZA #8, CHICAGO IL 60606
Scott R Peppet	director	1820 DEER VALLEY ROAD, BOULDER CO 80305
David J Contis	director	2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Samuel Zell	director, 10 percent owner, officer: Chairman of the Board	TWO N RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Howard Walker	director, officer: Chief Executive Officer	MANUFACTURED HOME COMMUNITIES INC, 2 N RIVERSIDE PLAZA 800, CHICAGO IL 60606
Sheli Z Rosenberg	director	C/O EQUITY GROUP INVESTMENTS, L.L.C., TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Matthew Williams	director	C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Tao Huang	director	C/O MORNINGSTAR, INC., 225 WEST WACKER DRIVE, CHICAGO IL 60606