ESCON Japan REIT Investment (TSE:2971) Debt-to-Equity : 0.84 (As of Jul. 2023)

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What is ESCON Japan REIT Investment Debt-to-Equity?

ESCON Japan REIT Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円4,610 Mil. ESCON Japan REIT Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円28,481 Mil. ESCON Japan REIT Investment's Total Stockholders Equity for the quarter that ended in Jul. 2023 was 円39,247 Mil. ESCON Japan REIT Investment's debt to equity for the quarter that ended in Jul. 2023 was 0.84.

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

TSE:2971' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.83 Med: 0.84 Max: 1.32
Current: 0.84

During the past 4 years, the highest Debt-to-Equity Ratio of ESCON Japan REIT Investment was 1.32. The lowest was 0.83. And the median was 0.84.

TSE:2971's Debt-to-Equity is ranked worse than
53.72% of 672 companies
in the REITs industry
Industry Median: 0.785 vs TSE:2971: 0.84

ESCON Japan REIT Investment Debt-to-Equity Historical Data

The historical data trend for ESCON Japan REIT Investment'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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ESCON Japan REIT Investment Debt-to-Equity Chart

ESCON Japan REIT Investment Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Debt-to-Equity

0.84

0.83

0.84

ESCON Japan REIT Investment Semi-Annual Data
	Oct17	Apr18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial								0.85	0.84	0.83	0.84	N/A

Competitive Comparison of ESCON Japan REIT Investment's Debt-to-Equity

For the REIT - Retail subindustry, ESCON Japan REIT Investment'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.

ESCON Japan REIT Investment's Debt-to-Equity Distribution in the REITs Industry

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

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

ESCON Japan REIT Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ESCON Japan REIT Investment's Debt to Equity Ratio for the fiscal year that ended in Jul. 2022 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
	=	(9860	+	23231)	/	39375.707
	=	0.84

ESCON Japan REIT Investment's Debt to Equity Ratio for the quarter that ended in Jul. 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
	=	(4610	+	28481)	/	39247.082
	=	0.84

ESCON Japan REIT Investment (TSE:2971) 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.

ESCON Japan REIT Investment Debt-to-Equity Related Terms

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ESCON Japan REIT Investment (TSE:2971) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ESCON Japan REIT Investment Corp (TSE:2971) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Try Edge Ochanomizu Building, 12th Floor, 4-2-5 kandasurugadai, Chiyoda-ku, Tokyo, JPN, 101-0062

Website

https://www.esconam.jp

ESCON Japan REIT Investment Corp is a Japanese real estate investment trust which invests in commercial properties. Its main investment is leasehold land properties known as "sokochi," with stable, high-quality commercial facilities occupying the site.

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