CBRE Clarion Global Real Estateome Fund (CBRE Clarion Global Real Estateome Fund) Debt-to-Equity : 0.33 (As of Dec. 2023)

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What is CBRE Clarion Global Real Estateome Fund Debt-to-Equity?

CBRE Clarion Global Real Estateome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. CBRE Clarion Global Real Estateome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $289.4 Mil. CBRE Clarion Global Real Estateome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $867.3 Mil. CBRE Clarion Global Real Estateome Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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 CBRE Clarion Global Real Estateome Fund's Debt-to-Equity or its related term are showing as below:

IGR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.26 Max: 0.47
Current: 0.33

During the past 7 years, the highest Debt-to-Equity Ratio of CBRE Clarion Global Real Estateome Fund was 0.47. The lowest was 0.08. And the median was 0.26.

IGR's Debt-to-Equity is ranked worse than
60.77% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs IGR: 0.33

CBRE Clarion Global Real Estateome Fund Debt-to-Equity Historical Data

The historical data trend for CBRE Clarion Global Real Estateome Fund'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.

CBRE Clarion Global Real Estateome Fund Debt-to-Equity Chart

CBRE Clarion Global Real Estateome Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.31

0.26

0.47

0.33

CBRE Clarion Global Real Estateome Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.26	0.42	0.47	0.43	0.33

Competitive Comparison of CBRE Clarion Global Real Estateome Fund's Debt-to-Equity

For the Asset Management subindustry, CBRE Clarion Global Real Estateome Fund'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.

CBRE Clarion Global Real Estateome Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CBRE Clarion Global Real Estateome Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CBRE Clarion Global Real Estateome Fund's Debt-to-Equity falls into.

CBRE Clarion Global Real Estateome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CBRE Clarion Global Real Estateome Fund'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	+	289.442)	/	867.274
	=	0.33

CBRE Clarion Global Real Estateome Fund'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	+	289.442)	/	867.274
	=	0.33

CBRE Clarion Global Real Estateome Fund (NYSE:IGR) 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.

CBRE Clarion Global Real Estateome Fund Debt-to-Equity Related Terms

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CBRE Clarion Global Real Estateome Fund (CBRE Clarion Global Real Estateome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CBRE Clarion Global Real Estate Income Fund (NYSE:IGR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 King of Prussia Road, Suite 600, Radnor, PA, USA, 19087

Website

https://www.cbreclarion.com

CBRE Clarion Global Real Estate Income Fund is the United States based diversified, closed-end management investment company. Its objective is high current income and its secondary objective is capital appreciation. The fund invests a majority of its total assets in income-producing real estate securities located mainly in the developed markets of North America, Europe, Australia, and Asia. Its portfolio of investments consists of different sectors such as diversified, retail, industrial, residential, hotels, healthcare, and other sectors.

Executives

Jonathan D Miniman	other: Portfolio Manager	201 KING OF PRUSSIA RD, SUITE 600, RADNOR PA 19087
Joseph P Smith	other: Sr. Dir of Investment Advisor	201 KING OF PRUSSIA RD SUITE 600, RADNOR PA 19087
Asuka Nakahara	director	527 GREYSTONE ROAD, MERION PA 19066
T Ritson Ferguson	director, officer: President & CEO, other: Pres./CEO; Managing Dir IA	201 KING OF PRUSSIA ROAD, RADNOR PA 19087
Leslie E Greis	director	C/O CBRE CLARION GLOBAL REAL ESTATE INCO, 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Kenneth S Weinberg	other: Portfolio Manager	201 KING OF PRUSSIA RD, SUITE 600, RADNOR PA 19087
John R Bartholdson	director
Heidi Stam	director	110 QUAIL STREET, WAYNE PA 19087
Tull Robert Stanley Iii	officer: Secretary & CCO	201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Richard L Sutton	director	10 BARLEYMILL DRIVE, WILMINGTON DE 10019
Frederick S Hammer	director	400 MADISON AVENUE, NEW YORK NY 10017
Jarrett B Kling	director	1272 GULPH CREEK DRIVE, RADNOR PA 19087
Citigroup Inc	10 percent owner	388 GREENWICH STREET, NEW YORK NY 10013
Steven D Burton	other: Sr. Dir of Investment Advisor	423 ROUND HILL RD, ST DAVIDS PA 19087
Kenneth Campbell	other: Portfolio Mgr; Managing Dir IA	1419 LANES END, VILLINOVA PA 19085