PRO Real Estate Investment Trust (TSX:PRV.UN) Debt-to-Equity : 1.05 (As of Dec. 2023)

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What is PRO Real Estate Investment Trust Debt-to-Equity?

PRO Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$62.74 Mil. PRO Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$451.17 Mil. PRO Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$488.03 Mil. PRO Real Estate Investment Trust's debt to equity for the quarter that ended in Dec. 2023 was 1.05.

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 PRO Real Estate Investment Trust's Debt-to-Equity or its related term are showing as below:

TSX:PRV.UN' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.05 Med: 1.57 Max: 1.97
Current: 1.05

During the past 13 years, the highest Debt-to-Equity Ratio of PRO Real Estate Investment Trust was 1.97. The lowest was 1.05. And the median was 1.57.

TSX:PRV.UN's Debt-to-Equity is ranked worse than
70.13% of 673 companies
in the REITs industry
Industry Median: 0.78 vs TSX:PRV.UN: 1.05

PRO Real Estate Investment Trust Debt-to-Equity Historical Data

The historical data trend for PRO Real Estate Investment 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.

PRO Real Estate Investment Trust Debt-to-Equity Chart

PRO Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.54

1.50

1.22

1.06

1.05

PRO Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.06	1.05	1.09	1.05	1.05

Competitive Comparison of PRO Real Estate Investment Trust's Debt-to-Equity

For the REIT - Industrial subindustry, PRO Real Estate Investment 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.

PRO Real Estate Investment Trust's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where PRO Real Estate Investment Trust's Debt-to-Equity falls into.

PRO Real Estate Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PRO Real Estate Investment 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
	=	(62.739	+	451.166)	/	488.034
	=	1.05

PRO Real Estate Investment 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
	=	(62.739	+	451.166)	/	488.034
	=	1.05

PRO Real Estate Investment Trust (TSX:PRV.UN) 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.

PRO Real Estate Investment Trust Debt-to-Equity Related Terms

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

PRO Real Estate Investment Trust (TSX:PRV.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » PRO Real Estate Investment Trust (TSX:PRV.UN) » Definitions » Debt-to-Equity

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PRVFF:USA

Address

2000 Mansfield Street, Suite 1000, Montreal, QC, CAN, H3A 2Z7

Website

https://www.proreit.com

PRO Real Estate Investment Trust is an open-ended real estate investment trust. The REIT's segments include three classifications of investment properties - Retail, Office, and Industrial. All of the REIT's activities are located in one geographical segment, which is Canada. Its objective is to maintain a combination of short, medium, and long-term debt maturities that are appropriate for the overall debt level of its portfolio, considering the availability of financing and market conditions, and the financial characteristics of each property. It derives key revenue from the Industrial segment.

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