Whitestone REIT (Whitestone REIT) Debt-to-Equity

: 1.55 (As of Dec. 2023)

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Whitestone REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.7 Mil. Whitestone REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $640.2 Mil. Whitestone REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $413.7 Mil. Whitestone REIT's debt to equity for the quarter that ended in Dec. 2023 was 1.55.

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

WSR' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.5 Med: 1.87 Max: 2.13
Current: 1.55

During the past 13 years, the highest Debt-to-Equity Ratio of Whitestone REIT was 2.13. The lowest was 1.50. And the median was 1.87.

WSR's Debt-to-Equity is ranked worse than
83.23% of 674 companies
in the REITs industry
Industry Median: 0.78 vs WSR: 1.55

Whitestone REIT Debt-to-Equity Historical Data

The historical data trend for Whitestone 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.

Whitestone REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.87

1.94

1.64

1.50

1.55

Whitestone REIT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																1.50	1.53	1.53	1.48	1.55

Competitive Comparison

For the REIT - Retail subindustry, Whitestone 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.

Whitestone REIT Debt-to-Equity Distribution

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

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

Whitestone REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Whitestone REIT'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
	=	(0.721	+	640.172)	/	413.742
	=	1.55

Whitestone REIT'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
	=	(0.721	+	640.172)	/	413.742
	=	1.55

Whitestone REIT (NYSE:WSR) 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.

Whitestone REIT Debt-to-Equity Related Terms

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Whitestone REIT (Whitestone REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Whitestone REIT (NYSE:WSR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2600 South Gessner, Suite 500, Houston, TX, USA, 77063

Website

https://www.whitestonereit.com

Whitestone REIT is a real estate investment trust (REIT) engaged in owning and operating commercial properties in culturally diverse markets in metropolitan areas. Its property portfolio includes retail and office/flex properties. The company's properties are located in business-friendly locations in and around Austin, Chicago, Dallas-Fort Worth, Houston, Phoenix, and San Antonio. The organization derives revenue in the form of rental revenues.

Executives

Julia Bruns Buthman	director	5414 BELMONT AVE., DALLAS TX 75206
Amy Shih-hua Feng	director	305 2ND AVENUE, APT 534, NEW YORK NY 10003
Christine J Mastandrea	officer: VP Strategy & Mkt Research	2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
Soklin Siv	officer: VP of Human Resources	4506 LAKE BARDWELL CT., RICHMOND TX 77406
John Scott Hogan	officer: Chief Financial Officer	2311 SUN SHADOW LN, SPRING TX 77386
Peter Tropoli	officer: General Counsel
Jeffrey Alan Jones	director	WHITESTONE REIT, 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
James C Mastandrea	director, officer: CHAIRMAN & CEO	1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
David F. Taylor	director	WHITESTONE REIT, 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
Najeeb A Khan	director	PO BOX 1602, SOUTH BEND IN 46634
Nandita Berry	director	2600 SOUTH GESSNER, SUITE 500, HOUSTON TX 77063
Paul T Lambert	director
David K Holeman	officer: CHIEF FINANCIAL OFFICER	20 GREENWAY PLAZA, SUITE 600, HOUSTON TX 77046
John J Dee	officer: CHIEF OPERATING OFFICER
Kyle A Miller	officer: Vice President of Operations	2600 SOUTH GESSNER ROAD SUITE 500, HOUSTON TX 77063