Star Asia Investment (TSE:3468) Debt-to-Equity : 0.94 (As of Jan. 2023)

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What is Star Asia Investment Debt-to-Equity?

Star Asia Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was 円15,630 Mil. Star Asia Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was 円81,210 Mil. Star Asia Investment's Total Stockholders Equity for the quarter that ended in Jan. 2023 was 円103,455 Mil. Star Asia Investment's debt to equity for the quarter that ended in Jan. 2023 was 0.94.

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 Star Asia Investment's Debt-to-Equity or its related term are showing as below:

TSE:3468's Debt-to-Equity is not ranked ^*
in the REITs industry.
Industry Median: 0.78
* Ranked among companies with meaningful Debt-to-Equity only.

Star Asia Investment Debt-to-Equity Historical Data

The historical data trend for Star Asia 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.

* Premium members only.

Star Asia Investment Debt-to-Equity Chart

Star Asia Investment Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Debt-to-Equity

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0.91

0.94

0.97

0.92

0.94

Star Asia Investment Semi-Annual Data
	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial								0.92	0.94	0.94	0.94	N/A

Competitive Comparison of Star Asia Investment's Debt-to-Equity

For the REIT - Diversified subindustry, Star Asia 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.

Star Asia Investment's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Star Asia Investment's Debt-to-Equity falls into.

Star Asia Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Star Asia 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
	=	(16390	+	73250)	/	95803.383
	=	0.94

Star Asia Investment's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(15630	+	81210)	/	103455.096
	=	0.94

Star Asia Investment (TSE:3468) 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.

Star Asia Investment Debt-to-Equity Related Terms

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Star Asia Investment (TSE:3468) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Star Asia Investment Corp (TSE:3468) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-5-1, Atago, 18th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-0002

Website

http://www.starasia-reit.com

Star Asia Investment Corp is a real estate investment trust (REIT). The company mainly invests in real estate properties such as business offices, logistics facilities, residential buildings and hotels. It aims to achieve internal and external growth in asset and maximize investors' profit from mid-term to long-term perspectives.

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