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Modiv Industrial (Modiv Industrial) Debt-to-Equity : 1.49 (As of Mar. 2024)


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What is Modiv Industrial Debt-to-Equity?

Modiv Industrial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $248.63 Mil. Modiv Industrial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $31.15 Mil. Modiv Industrial's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $188.00 Mil. Modiv Industrial's debt to equity for the quarter that ended in Mar. 2024 was 1.49.

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 Modiv Industrial's Debt-to-Equity or its related term are showing as below:

MDV' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.03   Med: 1.28   Max: 1.94
Current: 1.49

During the past 5 years, the highest Debt-to-Equity Ratio of Modiv Industrial was 1.94. The lowest was 1.03. And the median was 1.28.

MDV's Debt-to-Equity is ranked worse than
82.02% of 673 companies
in the REITs industry
Industry Median: 0.78 vs MDV: 1.49

Modiv Industrial Debt-to-Equity Historical Data

The historical data trend for Modiv Industrial'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.

Modiv Industrial Debt-to-Equity Chart

Modiv Industrial Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
1.03 1.37 1.07 1.23 1.94

Modiv Industrial Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.39 1.89 1.83 1.94 1.49

Competitive Comparison of Modiv Industrial's Debt-to-Equity

For the REIT - Diversified subindustry, Modiv Industrial'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.


Modiv Industrial's Debt-to-Equity Distribution in the REITs Industry

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

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



Modiv Industrial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Modiv Industrial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Modiv Industrial's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Modiv Industrial  (NYSE:MDV) 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.


Modiv Industrial Debt-to-Equity Related Terms

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


Modiv Industrial (Modiv Industrial) Business Description

Traded in Other Exchanges
N/A
Address
200 S. Virginia Street, Suite 800, Reno, NV, USA, 89501
Modiv Industrial Inc Formerly Modiv Inc is a pioneer in the direct-to-consumer commercial real estate product industry. It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The Company has invested in single-tenant income-producing properties. All of the company's consolidated revenues are derived from company's consolidated real estate properties.
Executives
Aaron Scott Halfacre officer: CEO 2100 REXFORD ROAD, SUITE 300, CHARLOTTE NC 28211
Nolan Thomas H Jr director 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Kimberly J Smith director 2325 E CAMELBACK RD, SUITE 1100, PHOENIX AZ 85016
Raymond J Pacini officer: CFO 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Adam Scott Markman director TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Tirondola Connie director 14 DAYDREAM LN, ANDOVER NJ 07821
Asma Ishaq director 120 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Curtis B Mcwilliams director 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Group Of Trophy, Llc 10 percent owner 21140 S. AVALON BLVD, CARSON CA 90745
Joe F Hanauer director 361 FOREST AVE, LAGUNA BEACH CA 92651
Sandra G Sciutto officer: CAO 6 EXECUTIVE CIRCLE, SUITE 250, IRVINE CA 92614
David Perduk officer: CIO PO BOX 1705, LAGUNA BEACH CA 92652
John Harold Davis officer: CFO 3090 BRISTOL STREET, SUITE 550, COSTA MESA CA 92626
Jeffrey Randolph other: Trust Manager 3080 BRISTOL STREET, SUITE 550, COSTA MESA CA 92626
John C Wang director