BriQ Properties REIC (ATH:BRIQ) Debt-to-Equity : 0.34 (As of Dec. 2023)

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What is BriQ Properties REIC Debt-to-Equity?

BriQ Properties REIC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.85 Mil. BriQ Properties REIC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €35.22 Mil. BriQ Properties REIC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €108.61 Mil. BriQ Properties REIC's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

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

ATH:BRIQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.33 Max: 0.35
Current: 0.34

During the past 6 years, the highest Debt-to-Equity Ratio of BriQ Properties REIC was 0.35. The lowest was 0.15. And the median was 0.33.

ATH:BRIQ's Debt-to-Equity is ranked better than
86.9% of 672 companies
in the REITs industry
Industry Median: 0.78 vs ATH:BRIQ: 0.34

BriQ Properties REIC Debt-to-Equity Historical Data

The historical data trend for BriQ Properties REIC'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.

BriQ Properties REIC Debt-to-Equity Chart

BriQ Properties REIC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.22

0.34

0.35

0.34

BriQ Properties REIC 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															0.35	0.35	0.37	0.37	0.34

Competitive Comparison of BriQ Properties REIC's Debt-to-Equity

For the REIT - Office subindustry, BriQ Properties REIC'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.

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

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

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

BriQ Properties REIC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BriQ Properties REIC'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
	=	(1.848	+	35.222)	/	108.61
	=	0.34

BriQ Properties REIC'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
	=	(1.848	+	35.222)	/	108.61
	=	0.34

BriQ Properties REIC (ATH:BRIQ) 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.

BriQ Properties REIC Debt-to-Equity Related Terms

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

BriQ Properties REIC (ATH:BRIQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BriQ Properties REIC (ATH:BRIQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BRW:Germany

Address

25th Alexandrou Pantou Street, 1st Floor, Kallithea, Athens, GRC, 17671

Website

https://www.briqproperties.gr

BriQ Properties REIC is an independent real estate investment company. The company owns and manages commercial real estate properties in the Greek market. It has also established local networks to source compelling investment opportunities in Athens and major Greek cities in the commercial property sectors to include office, retail and logistics.

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