Dream Residential REIT (Dream Residential REIT) Debt-to-Equity : 0.60 (As of Jun. 2023)

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What is Dream Residential REIT Debt-to-Equity?

Dream Residential REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Dream Residential REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $140.55 Mil. Dream Residential REIT's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $235.59 Mil. Dream Residential REIT's debt to equity for the quarter that ended in Jun. 2023 was 0.60.

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 Dream Residential REIT's Debt-to-Equity or its related term are showing as below:

DRREF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.6 Max: 0.63
Current: 0.63

During the past 2 years, the highest Debt-to-Equity Ratio of Dream Residential REIT was 0.63. The lowest was 0.57. And the median was 0.60.

DRREF's Debt-to-Equity is ranked better than
63.54% of 672 companies
in the REITs industry
Industry Median: 0.78 vs DRREF: 0.63

Dream Residential REIT Debt-to-Equity Historical Data

The historical data trend for Dream Residential REIT'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.

Dream Residential REIT Debt-to-Equity Chart

Dream Residential REIT Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

0.57

0.63

Dream Residential REIT Quarterly Data
	Feb22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.63	0.57	0.62	0.60	0.63

Competitive Comparison of Dream Residential REIT's Debt-to-Equity

For the REIT - Residential subindustry, Dream Residential REIT'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.

Dream Residential REIT's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Dream Residential REIT's Debt-to-Equity falls into.

Dream Residential REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dream Residential REIT'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	+	137.632)	/	218.032
	=	0.63

Dream Residential REIT'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
	=	(0	+	140.549)	/	235.588
	=	0.60

Dream Residential REIT (OTCPK:DRREF) 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.

Dream Residential REIT Debt-to-Equity Related Terms

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

Dream Residential REIT (Dream Residential REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (OTCPK:DRREF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DRR.U:Canada

Address

30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.