GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Takara Leben Real Estate Investment Corp (TSE:3492) » Definitions » Debt-to-Equity

Takara Leben Real Estate Investment (TSE:3492) Debt-to-Equity : 0.95 (As of Aug. 2023)


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

What is Takara Leben Real Estate Investment Debt-to-Equity?

Takara Leben Real Estate Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円9,550 Mil. Takara Leben Real Estate Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円57,600 Mil. Takara Leben Real Estate Investment's Total Stockholders Equity for the quarter that ended in Aug. 2023 was 円70,397 Mil. Takara Leben Real Estate Investment's debt to equity for the quarter that ended in Aug. 2023 was 0.95.

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 Takara Leben Real Estate Investment's Debt-to-Equity or its related term are showing as below:

TSE:3492' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.93   Med: 0.97   Max: 1.08
Current: 0.95

During the past 6 years, the highest Debt-to-Equity Ratio of Takara Leben Real Estate Investment was 1.08. The lowest was 0.93. And the median was 0.97.

TSE:3492's Debt-to-Equity is ranked worse than
63.99% of 672 companies
in the REITs industry
Industry Median: 0.78 vs TSE:3492: 0.95

Takara Leben Real Estate Investment Debt-to-Equity Historical Data

The historical data trend for Takara Leben Real Estate 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.

Takara Leben Real Estate Investment Debt-to-Equity Chart

Takara Leben Real Estate Investment Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-Equity
Get a 7-Day Free Trial 1.07 0.93 0.93 0.98 0.95

Takara Leben Real Estate Investment Semi-Annual Data
Feb18 Aug18 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.98 0.96 0.95 N/A

Competitive Comparison of Takara Leben Real Estate Investment's Debt-to-Equity

For the REIT - Diversified subindustry, Takara Leben Real Estate 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.


Takara Leben Real Estate Investment's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Takara Leben Real Estate Investment's Debt-to-Equity falls into.



Takara Leben Real Estate Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Takara Leben Real Estate Investment's Debt to Equity Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Takara Leben Real Estate Investment's Debt to Equity Ratio for the quarter that ended in Aug. 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.


Takara Leben Real Estate Investment  (TSE:3492) 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.


Takara Leben Real Estate Investment Debt-to-Equity Related Terms

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


Takara Leben Real Estate Investment (TSE:3492) Business Description

Traded in Other Exchanges
N/A
Address
1 Chome-14-15 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Takara Leben Real Estate Investment Corp is a J-REIT that owns and operates real estate properties and real property-related assets. It invests in office, hotel and residential properties.

Takara Leben Real Estate Investment (TSE:3492) Headlines

No Headlines