Imperial Equities (TSXV:IEI) Debt-to-Equity : 1.16 (As of Dec. 2023)

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What is Imperial Equities Debt-to-Equity?

Imperial Equities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$54.65 Mil. Imperial Equities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$72.77 Mil. Imperial Equities's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$110.20 Mil. Imperial Equities's debt to equity for the quarter that ended in Dec. 2023 was 1.16.

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 Imperial Equities's Debt-to-Equity or its related term are showing as below:

TSXV:IEI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.78 Med: 1.16 Max: 1.37
Current: 1.16

During the past 13 years, the highest Debt-to-Equity Ratio of Imperial Equities was 1.37. The lowest was 0.78. And the median was 1.16.

TSXV:IEI's Debt-to-Equity is ranked worse than
65.26% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs TSXV:IEI: 1.16

Imperial Equities Debt-to-Equity Historical Data

The historical data trend for Imperial Equities'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.

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Imperial Equities Debt-to-Equity Chart

Imperial Equities Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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1.26

1.34

1.31

1.20

1.14

Imperial Equities 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															1.17	1.15	1.16	1.14	1.16

Competitive Comparison of Imperial Equities's Debt-to-Equity

For the Real Estate Services subindustry, Imperial Equities'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.

Imperial Equities's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Imperial Equities's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Imperial Equities's Debt-to-Equity falls into.

Imperial Equities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Imperial Equities's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(48.889	+	79.132)	/	111.928
	=	1.14

Imperial Equities'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
	=	(54.653	+	72.768)	/	110.196
	=	1.16

Imperial Equities (TSXV:IEI) 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.

Imperial Equities Debt-to-Equity Related Terms

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

Imperial Equities (TSXV:IEI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Imperial Equities Inc (TSXV:IEI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10060 Jasper Avenue, Suite 2151, Edmonton, AB, CAN, T5J 3R8

Website

https://www.imperialequities.com

Imperial Equities Inc is engaged in the acquisition, development, and redevelopment of commercial and industrial properties primarily in Edmonton and throughout Alberta. The majority of the revenue is generated from Rental revenue from leases of commercial properties.

Executives

Chadi Land Company Inc.

10% Security Holder