Fukuoka REIT (TSE:8968) Debt-to-Equity : 0.85 (As of Aug. 2023)

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What is Fukuoka REIT Debt-to-Equity?

Fukuoka REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円7,200 Mil. Fukuoka REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円79,250 Mil. Fukuoka REIT's Total Stockholders Equity for the quarter that ended in Aug. 2023 was 円101,926 Mil. Fukuoka REIT's debt to equity for the quarter that ended in Aug. 2023 was 0.85.

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

TSE:8968' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.74 Med: 0.8 Max: 0.87
Current: 0.85

During the past 13 years, the highest Debt-to-Equity Ratio of Fukuoka REIT was 0.87. The lowest was 0.74. And the median was 0.80.

TSE:8968's Debt-to-Equity is ranked worse than
56.04% of 671 companies
in the REITs industry
Industry Median: 0.78 vs TSE:8968: 0.85

Fukuoka REIT Debt-to-Equity Historical Data

The historical data trend for Fukuoka REIT'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.

Fukuoka REIT Debt-to-Equity Chart

Fukuoka REIT Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.76

0.81

0.83

0.85

Fukuoka REIT Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.81	0.83	0.82	0.85	N/A

Competitive Comparison of Fukuoka REIT's Debt-to-Equity

For the REIT - Diversified subindustry, Fukuoka 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.

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

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

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

Fukuoka REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fukuoka REIT'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
	=	(7200	+	79250)	/	101926.454
	=	0.85

Fukuoka REIT'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
	=	(7200	+	79250)	/	101926.454
	=	0.85

Fukuoka REIT (TSE:8968) 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.

Fukuoka REIT Debt-to-Equity Related Terms

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

Fukuoka REIT (TSE:8968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fukuoka REIT Corp (TSE:8968) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-25 Sumiyoshi, Hakata, Fukuoka, JPN, 812-0018

Website

http://www.fukuoka-reit.jp

Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.

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