Home Properties (Home Properties) Debt-to-Equity : 1.46 (As of Jun. 2015)

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What is Home Properties Debt-to-Equity?

Home Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $318.5 Mil. Home Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $2,111.3 Mil. Home Properties's Total Stockholders Equity for the quarter that ended in Jun. 2015 was $1,664.4 Mil. Home Properties's debt to equity for the quarter that ended in Jun. 2015 was 1.46.

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 Home Properties's Debt-to-Equity or its related term are showing as below:

HME's Debt-to-Equity is not ranked ^*
in the REITs industry.
Industry Median: 0.78
* Ranked among companies with meaningful Debt-to-Equity only.

Home Properties Debt-to-Equity Historical Data

The historical data trend for Home Properties'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.

Home Properties Debt-to-Equity Chart

Home Properties Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Debt-to-Equity

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3.63

2.31

2.10

1.51

1.49

Home Properties Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Debt-to-Equity	Get a 7-Day Free Trial															1.48	1.53	1.49	1.46	1.46

Competitive Comparison of Home Properties's Debt-to-Equity

For the REIT - Residential subindustry, Home Properties'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.

Home Properties's Debt-to-Equity Distribution in the REITs Industry

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

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

Home Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Home Properties's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 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
	=	(269	+	2187.175)	/	1653.218
	=	1.49

Home Properties's Debt to Equity Ratio for the quarter that ended in Jun. 2015 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
	=	(318.5	+	2111.337)	/	1664.388
	=	1.46

Home Properties (NYSE:HME) 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.

Home Properties Debt-to-Equity Related Terms

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

Home Properties (Home Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Home Properties Inc (NYSE:HME) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.homeproperties.com

Home Properties Inc was formed in November 1993, as a Maryland corporation. The Company completed an initial public offering on August 4, 1994 It is a self-administered and self-managed real estate investment trust. It owns, operates, acquires, develops and rehabilitates apartment communities. The Company's properties are regionally focused, primarily in selected Northeast and Mid-Atlantic regions of the United States. The Company competes with other real estate investors in seeking property for acquisition and development. These competitors include pension and investment funds, insurance companies, private investors, local owners and developers, and other apartment REITs.

Executives

Bonnie Biumi	director	RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Michael D Barnello	director	LASALLE HOTEL PROPERTIES, 4800 MONTGOMERY LANE STE M25, BETHESDA MD 20814
Stephen R Blank	director	201 W NORTH RIVER DRIVE SUITE 100, SPOKANE WA 99201
Alan L Gosule	director	C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Lydon Thomas P Jr	director	HOME PROPERTIES, INC., 850 CLINTON SQUARE, ROCHESTER NY 14604
Edward J Pettinella	director, officer: CEO	C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Charles John Koch	director	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Amy L Tait	director	C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Josh E Fidler	director	4750 OWINGS MILLS BLVD., OWINGS MILLS MD 21117
Paul L Smith	director	C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Thomas S Summer	director	C/O CONSTELLATION BRANDS, INC., 370 WOODCLIFF DRIVE, SUITE 300, FAIRPORT NY 14450