Empiric Student Property (LSE:ESP) Debt-to-Equity : 0.49 (As of Dec. 2023)

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What is Empiric Student Property Debt-to-Equity?

Empiric Student Property's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £56.60 Mil. Empiric Student Property's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £301.20 Mil. Empiric Student Property's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £734.20 Mil. Empiric Student Property's debt to equity for the quarter that ended in Dec. 2023 was 0.49.

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 Empiric Student Property's Debt-to-Equity or its related term are showing as below:

LSE:ESP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.51 Max: 0.61
Current: 0.49

During the past 9 years, the highest Debt-to-Equity Ratio of Empiric Student Property was 0.61. The lowest was 0.29. And the median was 0.51.

LSE:ESP's Debt-to-Equity is ranked better than
74.26% of 672 companies
in the REITs industry
Industry Median: 0.785 vs LSE:ESP: 0.49

Empiric Student Property Debt-to-Equity Historical Data

The historical data trend for Empiric Student Property'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.

Empiric Student Property Debt-to-Equity Chart

Empiric Student Property Annual Data

Trend

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.53

0.61

0.57

0.55

0.49

Empiric Student Property Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.57	0.57	0.55	0.51	0.49

Competitive Comparison of Empiric Student Property's Debt-to-Equity

For the REIT - Residential subindustry, Empiric Student Property'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.

Empiric Student Property's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Empiric Student Property's Debt-to-Equity falls into.

Empiric Student Property Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Empiric Student Property'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
	=	(56.6	+	301.2)	/	734.2
	=	0.49

Empiric Student Property'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
	=	(56.6	+	301.2)	/	734.2
	=	0.49

Empiric Student Property (LSE:ESP) 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.

Empiric Student Property Debt-to-Equity Related Terms

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Empiric Student Property (LSE:ESP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Empiric Student Property PLC (LSE:ESP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

72 Borough High Street, 1st Floor Hop Yard Studios, London, GBR, SE1 1XF

Website

https://www.ambipar.com

Empiric Student Property PLC is a real estate company. It is engaged in investing in and managing premium purpose-built student accommodation in central locations in prime university cities and towns in the United Kingdom. Its investment portfolio includes Centro Court, Canal Bridge, Brook Studios, James House, and Edge Apartments among others. The company earns operating revenue from student accommodation rental.