Tritax EuroBox (LSE:BOXE) Debt-to-Equity : 0.92 (As of Mar. 2024)

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What is Tritax EuroBox Debt-to-Equity?

Tritax EuroBox's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. Tritax EuroBox's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €694.83 Mil. Tritax EuroBox's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €757.51 Mil. Tritax EuroBox's debt to equity for the quarter that ended in Mar. 2024 was 0.92.

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

LSE:BOXE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.67 Max: 0.97
Current: 0.92

During the past 4 years, the highest Debt-to-Equity Ratio of Tritax EuroBox was 0.97. The lowest was 0.34. And the median was 0.67.

LSE:BOXE's Debt-to-Equity is ranked worse than
56.94% of 1586 companies
in the Real Estate industry
Industry Median: 0.755 vs LSE:BOXE: 0.92

Tritax EuroBox Debt-to-Equity Historical Data

The historical data trend for Tritax EuroBox'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.

Tritax EuroBox Debt-to-Equity Chart

Tritax EuroBox Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

0.68

0.47

0.66

0.97

Tritax EuroBox Semi-Annual Data
	Dec18	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial					0.61	0.66	0.94	0.97	0.92

Competitive Comparison of Tritax EuroBox's Debt-to-Equity

For the Real Estate Services subindustry, Tritax EuroBox'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.

Tritax EuroBox's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Tritax EuroBox Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tritax EuroBox's Debt to Equity Ratio for the fiscal year that ended in Sep. 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	+	770.1)	/	795.62
	=	0.97

Tritax EuroBox's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0	+	694.83)	/	757.51
	=	0.92

Tritax EuroBox (LSE:BOXE) 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.

Tritax EuroBox Debt-to-Equity Related Terms

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

Tritax EuroBox (LSE:BOXE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tritax EuroBox PLC (LSE:BOXE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EBOXl:UK

Address

6 Duke Street St James’s, 3rd Floor, London, GBR, SW1Y 6BN

Website

https://www.tritaxeurobox.co.uk

Tritax EuroBox PLC is an investment company. Its investment objective is to invest in continental European logistics real estate assets to deliver an attractive capital return and secure income. The majority of revenue is generated through rental income. The company is engaged in a single segment business, being the investment in and development of European Big Box assets.

Tritax EuroBox (LSE:BOXE) Headlines

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