GRIT Real Estateome Group (LSE:GR1T) Debt-to-Equity : 1.36 (As of Dec. 2023)

GRIT Real Estateome Group Debt-to-Equity Chart

GRIT Real Estateome Group Annual Data
	Trend	Aug13	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Debt-to-Equity		Get a 7-Day Free Trial					0.97	1.51	1.48	1.20	1.28

GRIT Real Estateome Group Semi-Annual Data
	Aug13	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															1.03	1.20	1.17	1.28	1.36

Competitive Comparison of GRIT Real Estateome Group's Debt-to-Equity

For the Real Estate Services subindustry, GRIT Real Estateome Group'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.

GRIT Real Estateome Group's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where GRIT Real Estateome Group's Debt-to-Equity falls into.

GRIT Real Estateome Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GRIT Real Estateome Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

GRIT Real Estateome Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.

GRIT Real Estateome Group  (LSE:GR1T) 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.

GRIT Real Estateome Group Debt-to-Equity Related Terms

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GRIT Real Estateome Group (LSE:GR1T) Business Description