Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Debt-to-Equity : 0.84 (As of Dec. 2023)

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What is Olimpo Real Estate Portugal SIGI Debt-to-Equity?

Olimpo Real Estate Portugal SIGI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Olimpo Real Estate Portugal SIGI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €38.11 Mil. Olimpo Real Estate Portugal SIGI's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €45.51 Mil. Olimpo Real Estate Portugal SIGI's debt to equity for the quarter that ended in Dec. 2023 was 0.84.

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 Olimpo Real Estate Portugal SIGI's Debt-to-Equity or its related term are showing as below:

XLIS:MLORE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.63 Max: 0.84
Current: 0.84

During the past 5 years, the highest Debt-to-Equity Ratio of Olimpo Real Estate Portugal SIGI was 0.84. The lowest was 0.34. And the median was 0.63.

XLIS:MLORE's Debt-to-Equity is not ranked
in the REITs industry.
Industry Median: 0.78 vs XLIS:MLORE: 0.84

Olimpo Real Estate Portugal SIGI Debt-to-Equity Historical Data

The historical data trend for Olimpo Real Estate Portugal SIGI'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.

Olimpo Real Estate Portugal SIGI Debt-to-Equity Chart

Olimpo Real Estate Portugal SIGI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.34

0.50

0.77

0.84

Olimpo Real Estate Portugal SIGI Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.50	0.52	0.77	0.83	0.84

Competitive Comparison of Olimpo Real Estate Portugal SIGI's Debt-to-Equity

For the REIT - Diversified subindustry, Olimpo Real Estate Portugal SIGI'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.

Olimpo Real Estate Portugal SIGI's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Olimpo Real Estate Portugal SIGI's Debt-to-Equity falls into.

Olimpo Real Estate Portugal SIGI Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Olimpo Real Estate Portugal SIGI's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0	+	38.105)	/	45.514
	=	0.84

Olimpo Real Estate Portugal SIGI's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	38.105)	/	45.514
	=	0.84

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) 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.

Olimpo Real Estate Portugal SIGI Debt-to-Equity Related Terms

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Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Olimpo Real Estate Portugal SIGI SA (XLIS:MLORE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lugar do Espido, Via Norte, Miaia, PRT, 4471-909

Website

https://www.ores-portugal.com

Olimpo Real Estate Portugal SIGI SA is a real estate investment and asset management company. The company's objectives are to acquire offices and commercial real estate assets with long-term growth potential in the Portuguese and Spanish markets.

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Headlines

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