CapitaLand Ascott Trust (SGX:HMN) Debt-to-Equity : 0.70 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is CapitaLand Ascott Trust Debt-to-Equity?

CapitaLand Ascott Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$576.6 Mil. CapitaLand Ascott Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$2,739.7 Mil. CapitaLand Ascott Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$4,752.7 Mil. CapitaLand Ascott Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

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 CapitaLand Ascott Trust's Debt-to-Equity or its related term are showing as below:

SGX:HMN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 0.7 Max: 0.72
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of CapitaLand Ascott Trust was 0.72. The lowest was 0.62. And the median was 0.70.

SGX:HMN's Debt-to-Equity is ranked better than
57.42% of 674 companies
in the REITs industry
Industry Median: 0.78 vs SGX:HMN: 0.70

CapitaLand Ascott Trust Debt-to-Equity Historical Data

The historical data trend for CapitaLand Ascott Trust'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.

CapitaLand Ascott Trust Debt-to-Equity Chart

CapitaLand Ascott Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.62

0.69

0.70

0.72

0.70

CapitaLand Ascott Trust Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.70	0.71	0.72	0.74	0.70

Competitive Comparison of CapitaLand Ascott Trust's Debt-to-Equity

For the REIT - Diversified subindustry, CapitaLand Ascott Trust'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.

CapitaLand Ascott Trust's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where CapitaLand Ascott Trust's Debt-to-Equity falls into.

CapitaLand Ascott Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CapitaLand Ascott Trust'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
	=	(576.571	+	2739.676)	/	4752.651
	=	0.70

CapitaLand Ascott Trust'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
	=	(576.571	+	2739.676)	/	4752.651
	=	0.70

CapitaLand Ascott Trust (SGX:HMN) 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.

CapitaLand Ascott Trust Debt-to-Equity Related Terms

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

CapitaLand Ascott Trust (SGX:HMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CapitaLand Ascott Trust (SGX:HMN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ATTRF:USA

Address

168 Robinson Road, No. 30-01, Capital Tower, Singapore, SGP, 068912

Website

https://www.capitalandascotttrust.com

CapitaLand Ascott Trust, or CLAS, is a hospitality trust focusing on serviced residences, hotels, rental housing and student accommodation. As of Dec. 31, 2022, the trust has a SGD 8.0 billion portfolio, consisting of 105 properties with more than 18,000 units in 47 cities across 15 countries globally. Its main markets include the United States, France, Japan, Singapore, the United Kingdom, Vietnam, China and Australia. The trust is a stapled unit comprising CapitaLand Ascott REIT, which is managed by manager CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust, which is managed by trustee-manager CapitaLand Ascott Business Trust Management Pte. Ltd. Sponsor CapitaLand Investments Limited, owns around a 39% stake in CLAS.