Attacq (JSE:ATT) Debt-to-Equity : 0.46 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Attacq Debt-to-Equity?

Attacq's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R95 Mil. Attacq's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R6,063 Mil. Attacq's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R13,366 Mil. Attacq's debt to equity for the quarter that ended in Dec. 2023 was 0.46.

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

JSE:ATT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 0.74 Max: 1.06
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of Attacq was 1.06. The lowest was 0.46. And the median was 0.74.

JSE:ATT's Debt-to-Equity is ranked better than
77.53% of 672 companies
in the REITs industry
Industry Median: 0.785 vs JSE:ATT: 0.46

Attacq Debt-to-Equity Historical Data

The historical data trend for Attacq'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.

Attacq Debt-to-Equity Chart

Attacq Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.67

1.01

0.87

0.69

Attacq Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.74	0.69	0.71	0.69	0.46

Competitive Comparison of Attacq's Debt-to-Equity

For the REIT - Diversified subindustry, Attacq'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.

Attacq's Debt-to-Equity Distribution in the REITs Industry

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

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

Attacq Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Attacq's Debt to Equity Ratio for the fiscal year 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
	=	(780.254	+	7847.926)	/	12443.16
	=	0.69

Attacq'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
	=	(95.407	+	6062.962)	/	13365.951
	=	0.46

Attacq (JSE:ATT) 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.

Attacq Debt-to-Equity Related Terms

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

Attacq (JSE:ATT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Attacq Ltd (JSE:ATT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Magwa Crescent, Nexus 1, Ground floor, Waterfall City, Johannesburg, GT, ZAF, 2090

Website

https://www.attacq.co.za

Attacq Ltd is a South Africa-based REIT company. It is principally engaged in property development and property investment. The company's property investment portfolio contains commercial and retail real estate investments, which are located in South Africa, emerging markets excluding South Africa, and developed markets (such as some countries in Europe), with property investment in South Africa accounting for around two-thirds of total property assets. The company's property investment portfolio accounts for the majority of the company's total property portfolio. The company also develops properties to address tenants' needs or to generate investment properties. It generates the majority of its total revenue from rental income.