NewRiver REIT (LSE:NRR) Debt-to-Equity : 1.02 (As of Sep. 2023)

View and export this data going back to 2009. Start your Free Trial

What is NewRiver REIT Debt-to-Equity?

NewRiver REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.40 Mil. NewRiver REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £373.30 Mil. NewRiver REIT's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £367.70 Mil. NewRiver REIT's debt to equity for the quarter that ended in Sep. 2023 was 1.02.

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

LSE:NRR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.62 Max: 1.55
Current: 1.02

During the past 13 years, the highest Debt-to-Equity Ratio of NewRiver REIT was 1.55. The lowest was 0.41. And the median was 0.62.

LSE:NRR's Debt-to-Equity is ranked worse than
68.45% of 672 companies
in the REITs industry
Industry Median: 0.78 vs LSE:NRR: 1.02

NewRiver REIT Debt-to-Equity Historical Data

The historical data trend for NewRiver REIT'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.

NewRiver REIT Debt-to-Equity Chart

NewRiver REIT Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

0.63

1.17

1.55

0.90

0.99

NewRiver REIT Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.93	0.90	0.91	0.99	1.02

Competitive Comparison of NewRiver REIT's Debt-to-Equity

For the REIT - Retail subindustry, NewRiver REIT'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.

NewRiver REIT's Debt-to-Equity Distribution in the REITs Industry

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

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

NewRiver REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NewRiver REIT's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.4	+	373)	/	378.6
	=	0.99

NewRiver REIT's Debt to Equity Ratio for the quarter 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
	=	(0.4	+	373.3)	/	367.7
	=	1.02

NewRiver REIT (LSE:NRR) 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.

NewRiver REIT Debt-to-Equity Related Terms

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

NewRiver REIT (LSE:NRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NewRiver REIT PLC (LSE:NRR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NRWRF:USA NRRl:UK

Address

89 Whitfield Street, London, GBR, W1T 4DE

Website

https://www.nrr.co.uk

NewRiver REIT PLC is a real estate investment trust that invests in, manages, and develops retail and leisure properties. The company's property portfolio comprises shopping centers, retail warehouses, and pubs across the United Kingdom. The retail properties contribute the most of the total revenue, and these are largely located in Yorkshire and Humberside, London, Northeast and Southeast England, Scotland, and Wales. The company generates most of its revenue from leasing properties to tenants, which include discount retailers, fashion and accessory stores, groceries, homeware and furniture stores, and dining venues.

NewRiver REIT (LSE:NRR) Headlines

No Headlines