Octodec Investments (JSE:OCT) Debt-to-Equity : 0.68 (As of Feb. 2024)

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What is Octodec Investments Debt-to-Equity?

Octodec Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R200.9 Mil. Octodec Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R4,189.3 Mil. Octodec Investments's Total Stockholders Equity for the quarter that ended in Feb. 2024 was R6,459.0 Mil. Octodec Investments's debt to equity for the quarter that ended in Feb. 2024 was 0.68.

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

JSE:OCT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 0.67 Max: 0.81
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Octodec Investments was 0.81. The lowest was 0.54. And the median was 0.67.

JSE:OCT's Debt-to-Equity is ranked better than
59.97% of 672 companies
in the REITs industry
Industry Median: 0.78 vs JSE:OCT: 0.68

Octodec Investments Debt-to-Equity Historical Data

The historical data trend for Octodec Investments'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.

Octodec Investments Debt-to-Equity Chart

Octodec Investments Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.66

0.74

0.78

0.69

0.66

Octodec Investments Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.75	0.69	0.68	0.66	0.68

Competitive Comparison of Octodec Investments's Debt-to-Equity

For the REIT - Diversified subindustry, Octodec Investments'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.

Octodec Investments's Debt-to-Equity Distribution in the REITs Industry

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

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

Octodec Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Octodec Investments's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(277.492	+	4079.394)	/	6559.626
	=	0.66

Octodec Investments's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(200.925	+	4189.301)	/	6458.956
	=	0.68

Octodec Investments (JSE:OCT) 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.

Octodec Investments Debt-to-Equity Related Terms

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

Octodec Investments (JSE:OCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Octodec Investments Ltd (JSE:OCT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Du Toit Street, CPA House, Tshwane, Pretoria, GT, ZAF, 0002

Website

https://www.octodec.co.za

Octodec Investments Ltd is a real estate investment trust (REIT). The company generates rental income from Residential, Retail - street shops, Retail - shopping centres, offices, industrial, and parking, where the majority of its revenue is from the Residential segment.

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