Dexus Industria REIT (ASX:DXI) Debt-to-Equity : 0.40 (As of Dec. 2023)

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Dexus Industria REIT Debt-to-Equity Definition

Dexus Industria REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$41.75 Mil. Dexus Industria REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$290.90 Mil. Dexus Industria REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$825.43 Mil. Dexus Industria REIT's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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 Dexus Industria REIT's Debt-to-Equity or its related term are showing as below:

ASX:DXI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.54 Max: 0.73
Current: 0.4

During the past 10 years, the highest Debt-to-Equity Ratio of Dexus Industria REIT was 0.73. The lowest was 0.38. And the median was 0.54.

ASX:DXI's Debt-to-Equity is ranked better than
82.47% of 673 companies
in the REITs industry
Industry Median: 0.78 vs ASX:DXI: 0.40

Dexus Industria REIT Debt-to-Equity Historical Data

The historical data trend for Dexus Industria REIT'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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Dexus Industria REIT Debt-to-Equity Chart

Dexus Industria REIT Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.46

0.47

0.55

0.45

0.38

Dexus Industria REIT 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															0.58	0.45	0.44	0.38	0.40

Competitive Comparison of Dexus Industria REIT's Debt-to-Equity

For the REIT - Industrial subindustry, Dexus Industria REIT'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.

Dexus Industria REIT's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dexus Industria REIT's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dexus Industria REIT's Debt-to-Equity falls into.

Dexus Industria REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dexus Industria REIT's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.384	+	414.027)	/	1101.767
	=	0.38

Dexus Industria REIT'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
	=	(41.75	+	290.895)	/	825.43
	=	0.40

Dexus Industria REIT (ASX:DXI) 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.

Dexus Industria REIT Debt-to-Equity Related Terms

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Dexus Industria REIT (ASX:DXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dexus Industria REIT (ASX:DXI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Bridge Street, Level 30, Australia Square, Sydney, NSW, AUS, 2000

Website

https://www.dexus.com

Dexus Industria REIT is a real estate investment trust which owns interests in a workspace-focused portfolio of established, industrial, and business park assets located across Sydney, Melbourne, Brisbane, and Adelaide. The company's objective is to provide investors with stable cash returns and the potential for income and capital growth by investing in workspace-focused real estate. It derives all income from investments in properties, which are located in Australia.

Dexus Industria REIT (ASX:DXI) Headlines

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