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Pine Trail REIT (TSXV:PINE.UN) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Pine Trail REIT Debt-to-Equity?

Pine Trail REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Pine Trail REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Pine Trail REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$3.22 Mil. Pine Trail REIT's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

TSXV:PINE.UN's Debt-to-Equity is not ranked *
in the REITs industry.
Industry Median: 0.79
* Ranked among companies with meaningful Debt-to-Equity only.

Pine Trail REIT Debt-to-Equity Historical Data

The historical data trend for Pine Trail 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.

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Pine Trail REIT Debt-to-Equity Chart

Pine Trail REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Pine Trail REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Pine Trail REIT's Debt-to-Equity

For the REIT - Healthcare Facilities subindustry, Pine Trail 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.


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

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

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



Pine Trail REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pine Trail REIT's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Pine Trail REIT's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Pine Trail REIT  (TSXV:PINE.UN) 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.


Pine Trail REIT Debt-to-Equity Related Terms

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


Pine Trail REIT (TSXV:PINE.UN) Business Description

Traded in Other Exchanges
N/A
Address
161 Bay Street, 27th Floor, Toronto, ON, CAN, M5J 2S1
Pine Trail REIT owns and rents a medical office real estate property through its wholly owned subsidiaries. The Picton Property, owned by the trust, is fully occupied by medical practitioners and a pharmacy.

Pine Trail REIT (TSXV:PINE.UN) Headlines

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