AX Real Estate (MAL:AXR) Debt-to-Equity : 0.73 (As of Oct. 2023)

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What is AX Real Estate Debt-to-Equity?

AX Real Estate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €54.15 Mil. AX Real Estate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €114.99 Mil. AX Real Estate's Total Stockholders Equity for the quarter that ended in Oct. 2023 was €230.80 Mil. AX Real Estate's debt to equity for the quarter that ended in Oct. 2023 was 0.73.

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 AX Real Estate's Debt-to-Equity or its related term are showing as below:

MAL:AXR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.51 Max: 0.73
Current: 0.73

During the past 3 years, the highest Debt-to-Equity Ratio of AX Real Estate was 0.73. The lowest was 0.37. And the median was 0.51.

MAL:AXR's Debt-to-Equity is ranked better than
51.13% of 1586 companies
in the Real Estate industry
Industry Median: 0.755 vs MAL:AXR: 0.73

AX Real Estate Debt-to-Equity Historical Data

The historical data trend for AX Real Estate'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.

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AX Real Estate Debt-to-Equity Chart

AX Real Estate Annual Data

Trend

Oct21

Oct22

Oct23

Debt-to-Equity

0.37

0.51

0.73

AX Real Estate Semi-Annual Data
	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	0.37	0.38	0.51	0.52	0.73

Competitive Comparison of AX Real Estate's Debt-to-Equity

For the Real Estate - Diversified subindustry, AX Real Estate'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.

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

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

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

AX Real Estate Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AX Real Estate's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(54.152	+	114.99)	/	230.802
	=	0.73

AX Real Estate's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(54.152	+	114.99)	/	230.802
	=	0.73

AX Real Estate (MAL:AXR) 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.

AX Real Estate Debt-to-Equity Related Terms

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

AX Real Estate (MAL:AXR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AX Real Estate PLC (MAL:AXR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

AX Business Centre, Triq Id-Difiza Civili, Mosta, MLT, MST 1741

Website

https://www.axrealestate.mt

AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. The company's portfolio includes warehouses, an office block at Hardrocks Industrial Park, as well as an office block at Falcon House. On the other hand, its subsidiaries own a range of properties and developments, such as the Suncrest Hotels, the Royal Hotels, St. John's Boutique Hotel and Palazzo Merkanti Leisure, as well as Central Leisure Developments, Simblija Developments, Heritage Developments and Skyline Developments.