Industrial Logistics Properties Trust (Industrial Logistics Properties Trust) Debt-to-Equity : 6.73 (As of Mar. 2024)

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What is Industrial Logistics Properties Trust Debt-to-Equity?

Industrial Logistics Properties Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Industrial Logistics Properties Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4,325.6 Mil. Industrial Logistics Properties Trust's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $643.2 Mil. Industrial Logistics Properties Trust's debt to equity for the quarter that ended in Mar. 2024 was 6.72.

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 Industrial Logistics Properties Trust's Debt-to-Equity or its related term are showing as below:

ILPT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 1.4 Max: 6.73
Current: 6.73

During the past 9 years, the highest Debt-to-Equity Ratio of Industrial Logistics Properties Trust was 6.73. The lowest was 0.07. And the median was 1.40.

ILPT's Debt-to-Equity is ranked worse than
97.77% of 672 companies
in the REITs industry
Industry Median: 0.78 vs ILPT: 6.73

Industrial Logistics Properties Trust Debt-to-Equity Historical Data

The historical data trend for Industrial Logistics Properties 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.

Industrial Logistics Properties Trust Debt-to-Equity Chart

Industrial Logistics Properties Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.43

0.88

0.81

5.40

6.46

Industrial Logistics Properties Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															5.63	5.81	6.06	6.46	6.73

Competitive Comparison of Industrial Logistics Properties Trust's Debt-to-Equity

For the REIT - Industrial subindustry, Industrial Logistics Properties 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.

Industrial Logistics Properties Trust's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Industrial Logistics Properties Trust's Debt-to-Equity falls into.

Industrial Logistics Properties Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Industrial Logistics Properties 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
	=	(0	+	4324.475)	/	669.954
	=	6.45

Industrial Logistics Properties Trust's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	4325.607)	/	643.225
	=	6.72

Industrial Logistics Properties Trust (NAS:ILPT) 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.

Industrial Logistics Properties Trust Debt-to-Equity Related Terms

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Industrial Logistics Properties Trust (Industrial Logistics Properties Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Industrial Logistics Properties Trust (NAS:ILPT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Two Newton Place, 255 Washington Street, Suite 300, Newton, MA, USA, 02458-1634

Website

https://www.ilptreit.com

Industrial Logistics Properties Trust is a real estate investment trust. It owns and leases industrial and logistics properties throughout the United States. The company's investment portfolio includes industrial lands in Hawaii and industrial and logistics properties in other states. Rental revenue is earned from Hawaii Properties and Mainland Properties.

Executives

Tiffany R Sy	officer: CFO and Treasurer	TWO NEWTON PLACE, 225 WASHINGTON STREET SUITE 300, NEWTON MA 02458
Kevin C Phelan	director	93 LOWELL ROAD, WELLESLEY MA 02481
Joseph Morea	director	C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Lisa Harris Jones	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Brian E. Donley	officer: CFO and Treasurer	C/O THE RMR GROUP LLC,, TWO NEWTON PL., 255 WASHINGTON ST., NEWTON MA 02458
Matthew P. Jordan	director	C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
June S. Youngs	director	C/O THE RMR GROUP LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Yael Duffy	officer: Vice President	C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Laura A. Wilkin	director	CO INDUSTRIAL LOGISTICS PROPERTIES TRUST, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
John G. Murray	director, officer: President and CEO	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Barry M. Portnoy	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Adam D. Portnoy	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
John C. Popeo	officer: President and COO	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Bruce M. Gans	director	C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Select Income Reit	10 percent owner	C/O THE RMR GROUP, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458