Ground Rentsome Fund (LSE:GRIO) Debt-to-Equity : 0.23 (As of Sep. 2022)

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What is Ground Rentsome Fund Debt-to-Equity?

Ground Rentsome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was £0.00 Mil. Ground Rentsome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was £20.73 Mil. Ground Rentsome Fund's Total Stockholders Equity for the quarter that ended in Sep. 2022 was £88.52 Mil. Ground Rentsome Fund's debt to equity for the quarter that ended in Sep. 2022 was 0.23.

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 Ground Rentsome Fund's Debt-to-Equity or its related term are showing as below:

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

Ground Rentsome Fund Debt-to-Equity Historical Data

The historical data trend for Ground Rentsome Fund'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.

Ground Rentsome Fund Debt-to-Equity Chart

Ground Rentsome Fund Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Debt-to-Equity

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0.17

0.18

0.19

0.23

Ground Rentsome Fund Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial								0.19	0.19	0.19	0.23	0.23

Competitive Comparison of Ground Rentsome Fund's Debt-to-Equity

For the REIT - Diversified subindustry, Ground Rentsome Fund'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.

Ground Rentsome Fund's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Ground Rentsome Fund's Debt-to-Equity falls into.

Ground Rentsome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ground Rentsome Fund's Debt to Equity Ratio for the fiscal year that ended in Sep. 2022 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	+	20.731)	/	88.522
	=	0.23

Ground Rentsome Fund's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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	+	20.731)	/	88.522
	=	0.23

Ground Rentsome Fund (LSE:GRIO) 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.

Ground Rentsome Fund Debt-to-Equity Related Terms

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

Ground Rentsome Fund (LSE:GRIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ground Rents Income Fund PLC (LSE:GRIO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 London Wall Place, London, GBR, EC2Y 5AU

Website

http://www.groundrentsincomefund.com

Ground Rents Income Fund PLC is a closed-ended real estate investment trust. It is involved in ground rents which include freeholds and leaseholds of residential, retail, and commercial. Its investment objective is to provide secure long-term performance through investment in long-dated UK ground rents, which have historically had little correlation to traditional property asset classes and have seen their value remain consistent regardless of the underlying state of the economy. It also offers a commission on insurance policies. The majority of the revenue is earned by the income received from the ground rent.

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