Mitsui Fudosan Logistics Park (TSE:3471) Debt-to-Equity : 0.60 (As of Jan. 2024)

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What is Mitsui Fudosan Logistics Park Debt-to-Equity?

Mitsui Fudosan Logistics Park's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円10,200 Mil. Mitsui Fudosan Logistics Park's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円121,100 Mil. Mitsui Fudosan Logistics Park's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円217,781 Mil. Mitsui Fudosan Logistics Park's debt to equity for the quarter that ended in Jan. 2024 was 0.60.

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 Mitsui Fudosan Logistics Park's Debt-to-Equity or its related term are showing as below:

TSE:3471' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.44 Max: 0.66
Current: 0.6

During the past 9 years, the highest Debt-to-Equity Ratio of Mitsui Fudosan Logistics Park was 0.66. The lowest was 0.29. And the median was 0.44.

TSE:3471's Debt-to-Equity is ranked better than
66.13% of 688 companies
in the REITs industry
Industry Median: 0.79 vs TSE:3471: 0.60

Mitsui Fudosan Logistics Park Debt-to-Equity Historical Data

The historical data trend for Mitsui Fudosan Logistics Park'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.

Mitsui Fudosan Logistics Park Debt-to-Equity Chart

Mitsui Fudosan Logistics Park Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Debt-to-Equity

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0.45

0.53

0.61

0.66

N/A

Mitsui Fudosan Logistics Park Semi-Annual Data
	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jul23	Jan24	Jul24
Debt-to-Equity	Get a 7-Day Free Trial										0.52	0.61	0.66	0.60	N/A

Competitive Comparison of Mitsui Fudosan Logistics Park's Debt-to-Equity

For the REIT - Diversified subindustry, Mitsui Fudosan Logistics Park'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.

Mitsui Fudosan Logistics Park's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mitsui Fudosan Logistics Park's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mitsui Fudosan Logistics Park's Debt-to-Equity falls into.

Mitsui Fudosan Logistics Park Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mitsui Fudosan Logistics Park's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(15100	+	120100)	/	203652.286
	=	0.66

Mitsui Fudosan Logistics Park's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(10200	+	121100)	/	217781.26
	=	0.60

Mitsui Fudosan Logistics Park (TSE:3471) 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.

Mitsui Fudosan Logistics Park Debt-to-Equity Related Terms

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Mitsui Fudosan Logistics Park Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mitsui Fudosan Logistics Park Inc (TSE:3471) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8-7, Ginza 6-chome, Chuo-ku, Tokyo, JPN, 104-0061

Website

https://www.mflp-r.co.jp

Mitsui Fudosan Logistics Park Inc is a real estate investment trust company. It is involved in the businesses of office buildings, retail properties, housing, hotels and resorts, real estate solutions, logistics facilities and venture co-creation. Its assets and projects are located in Hokkaido, Kanto, Kinki, Tohoku, Tokai, Kyushu, Hokuriku, and Chugoku in Japan.

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