XYMAX REIT Investment (TSE:3488) Debt-to-Equity : 0.75 (As of Aug. 2023)

View and export this data going back to 2018. Start your Free Trial

What is XYMAX REIT Investment Debt-to-Equity?

XYMAX REIT Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円4,376 Mil. XYMAX REIT Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円15,339 Mil. XYMAX REIT Investment's Total Stockholders Equity for the quarter that ended in Aug. 2023 was 円26,228 Mil. XYMAX REIT Investment's debt to equity for the quarter that ended in Aug. 2023 was 0.75.

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

TSE:3488' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.57 Max: 0.75
Current: 0.75

During the past 6 years, the highest Debt-to-Equity Ratio of XYMAX REIT Investment was 0.75. The lowest was 0.50. And the median was 0.57.

TSE:3488's Debt-to-Equity is ranked better than
53.87% of 672 companies
in the REITs industry
Industry Median: 0.785 vs TSE:3488: 0.75

XYMAX REIT Investment Debt-to-Equity Historical Data

The historical data trend for XYMAX 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.

* Premium members only.

XYMAX REIT Investment Debt-to-Equity Chart

XYMAX REIT Investment Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

Get a 7-Day Free Trial

0.50

0.61

0.75

XYMAX REIT Investment Semi-Annual Data
	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Debt-to-Equity	Get a 7-Day Free Trial							0.61	0.67	0.75	0.75	0.75

Competitive Comparison of XYMAX REIT Investment's Debt-to-Equity

For the REIT - Diversified subindustry, XYMAX 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.

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

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

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

XYMAX REIT Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

XYMAX REIT Investment's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(4376	+	15339)	/	26228.495
	=	0.75

XYMAX REIT Investment's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(4376	+	15339)	/	26228.495
	=	0.75

XYMAX REIT Investment (TSE:3488) 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.

XYMAX REIT Investment Debt-to-Equity Related Terms

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

XYMAX REIT Investment (TSE:3488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » XYMAX REIT Investment Corp (TSE:3488) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1 Akasaka 1-chome, Minato-ku, Tokyo, JPN, 107-0052

Website

https://www.xymax.co.jp

XYMAX REIT Investment Corp works as a real estate manager. The company offers a range of services including leasing, managing, brokerage, consulting and other services. It operates properties including office, retail, logistics and hotel buildings based on contract.

XYMAX REIT Investment (TSE:3488) Headlines

No Headlines