Vukile Property Fund (NAM:VKN) Debt-to-Equity : 0.80 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Vukile Property Fund Debt-to-Equity?

Vukile Property Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was N$822 Mil. Vukile Property Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was N$17,574 Mil. Vukile Property Fund's Total Stockholders Equity for the quarter that ended in Mar. 2024 was N$23,010 Mil. Vukile Property Fund's debt to equity for the quarter that ended in Mar. 2024 was 0.80.

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

NAM:VKN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.75 Max: 1.05
Current: 0.8

During the past 13 years, the highest Debt-to-Equity Ratio of Vukile Property Fund was 1.05. The lowest was 0.30. And the median was 0.75.

NAM:VKN's Debt-to-Equity is ranked worse than
51.11% of 677 companies
in the REITs industry
Industry Median: 0.79 vs NAM:VKN: 0.80

Vukile Property Fund Debt-to-Equity Historical Data

The historical data trend for Vukile Property 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.

Vukile Property Fund Debt-to-Equity Chart

Vukile Property Fund Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

1.05

0.89

0.84

0.86

0.80

Vukile Property Fund Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.84	0.86	0.86	0.81	0.80

Competitive Comparison of Vukile Property Fund's Debt-to-Equity

For the REIT - Retail subindustry, Vukile Property 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.

Vukile Property Fund's Debt-to-Equity Distribution in the REITs Industry

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

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

Vukile Property Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vukile Property Fund's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(821.666	+	17573.981)	/	23009.541
	=	0.80

Vukile Property Fund's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(821.666	+	17573.981)	/	23009.541
	=	0.80

Vukile Property Fund (NAM:VKN) 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.

Vukile Property Fund Debt-to-Equity Related Terms

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

Vukile Property Fund (NAM:VKN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vukile Property Fund Ltd (NAM:VKN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VKE:South Africa

Address

11 9th Street, 4th Floor, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

https://www.vukile.co.za

Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue primarily from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also significant portfolio constituents. The majority of the company's tenants are large, listed national companies and major franchises, with the remainder comprising government and midsize to large professional firms.

Vukile Property Fund (NAM:VKN) Headlines

No Headlines