GPT Group (ASX:GPT) Debt-to-Equity : 0.45 (As of Dec. 2023)

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What is GPT Group Debt-to-Equity?

GPT Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$277.0 Mil. GPT Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$4,555.7 Mil. GPT Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$10,766.2 Mil. GPT Group's debt to equity for the quarter that ended in Dec. 2023 was 0.45.

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 GPT Group's Debt-to-Equity or its related term are showing as below:

ASX:GPT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.39 Max: 0.45
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of GPT Group was 0.45. The lowest was 0.35. And the median was 0.39.

ASX:GPT's Debt-to-Equity is ranked better than
77.86% of 673 companies
in the REITs industry
Industry Median: 0.78 vs ASX:GPT: 0.45

GPT Group Debt-to-Equity Historical Data

The historical data trend for GPT Group'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.

GPT Group Debt-to-Equity Chart

GPT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.35

0.38

0.45

0.44

0.45

GPT Group 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															0.45	0.41	0.44	0.44	0.45

Competitive Comparison of GPT Group's Debt-to-Equity

For the REIT - Diversified subindustry, GPT Group'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.

GPT Group's Debt-to-Equity Distribution in the REITs Industry

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

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

GPT Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GPT Group'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
	=	(277	+	4555.7)	/	10766.2
	=	0.45

GPT Group'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
	=	(277	+	4555.7)	/	10766.2
	=	0.45

GPT Group (ASX:GPT) 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.

GPT Group Debt-to-Equity Related Terms

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GPT Group (ASX:GPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » GPT Group (ASX:GPT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GPTGF:USA 46T:Germany

Address

25 Martin Place, Level 51, Sydney, NSW, AUS, 2000

Website

https://www.gpt.com.au

GPT Group was listed in 1971 and is Australia's oldest listed property trust. The business strategy is not particularly differentiated from peers, other than through its somewhat conservative gearing and modest emphasis on development activity. The portfolio weighting to industrial is a major growth area for the firm. GPT remains dominated by retail malls that generate about a third of its revenue, and another quarter from office.

GPT Group (ASX:GPT) Headlines

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