Hoshino Resorts REIT (TSE:3287) Debt-to-Equity : 0.61 (As of Apr. 2023)

Hoshino Resorts REIT Debt-to-Equity Chart

Hoshino Resorts REIT Annual Data
	Trend	Oct13	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22
Debt-to-Equity		Get a 7-Day Free Trial					0.50	0.58	0.64	0.65	0.59

Hoshino Resorts REIT Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Debt-to-Equity	Get a 7-Day Free Trial															0.65	0.65	0.58	0.59	0.61

Competitive Comparison of Hoshino Resorts REIT's Debt-to-Equity

For the REIT - Hotel & Motel subindustry, Hoshino Resorts 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.

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

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

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

Hoshino Resorts REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hoshino Resorts REIT's Debt to Equity Ratio for the fiscal year that ended in Oct. 2022 is calculated as

Hoshino Resorts REIT's Debt to Equity Ratio for the quarter that ended in Apr. 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.

Hoshino Resorts REIT  (TSE:3287) 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.

Hoshino Resorts REIT Debt-to-Equity Related Terms

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Hoshino Resorts REIT (TSE:3287) Business Description