Apartmentome REIT (Apartmentome REIT) Debt-to-Equity : 1.37 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

Apartmentome REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $115.0 Mil. Apartmentome REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,095.3 Mil. Apartmentome REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,351.9 Mil. Apartmentome REIT's debt to equity for the quarter that ended in Dec. 2023 was 1.37.

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

AIRC' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.37 Med: 2.31 Max: 3.37
Current: 1.37

During the past 13 years, the highest Debt-to-Equity Ratio of Apartmentome REIT was 3.37. The lowest was 1.37. And the median was 2.31.

AIRC's Debt-to-Equity is ranked worse than
80.24% of 673 companies
in the REITs industry
Industry Median: 0.78 vs AIRC: 1.37

Apartmentome REIT Debt-to-Equity Historical Data

The historical data trend for Apartmentome 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.

* Premium members only.

Apartmentome REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.25

3.25

2.07

1.69

1.37

Apartmentome REIT 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															1.69	1.82	1.84	1.25	1.37

Competitive Comparison

For the REIT - Residential subindustry, Apartmentome 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.

Apartmentome REIT Debt-to-Equity Distribution

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

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

Apartmentome REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Apartmentome REIT'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
	=	(115	+	3095.344)	/	2351.896
	=	1.37

Apartmentome 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
	=	(115	+	3095.344)	/	2351.896
	=	1.37

Apartmentome REIT (NYSE:AIRC) 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.

Apartmentome REIT Debt-to-Equity Related Terms

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

Apartmentome REIT (Apartmentome REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apartment Income REIT Corp (NYSE:AIRC) » Definitions » Debt-to-Equity

Comparable Companies

IRT VRE ELME AIV UMH CSR NXRT BRT FREVS CLPR AVB EQR INVH SUI ESS MAA AMH UDR ELS CPT

Traded in Other Exchanges

A1IV34:Brazil

Address

4582 South Ulster Street, Suite 1700, Denver, CO, USA, 80237

Website

https://www.aircommunities.com

Apartment Investment and Management Co. owns a portfolio of 73 apartment communities with over 25,000 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Boston, Denver, Los Angeles, Miami, Philadelphia, San Diego, San Francisco, and Washington, D.C.

Executives

Molly Syke	officer: VP & Chief Accounting Officer	4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Devin Ignatius Murphy	director	104 MAIN STREET, SOUTHPORT CT 06890
John D Rayis	director	4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Keith M Kimmel	officer: President, Property Operations	4582 S ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Joshua Minix	officer: Executive Vice President	4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Matthew O'grady	officer: SVP	4582 SOUTH ULSTER STREET, SUITE 1700, SUITE 1700, DENVER CO 80237
Paul Beldin	officer: EVP & CFO	4582 S. ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Thomas N Bohjalian	director	C/O APARTMENT INCOME REIT CORP., 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Ann Sperling	director	4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Thomas L. Keltner	director	P.O. BOX 2030, SILVERTHORNE CO 80498
Nina A Tran	director	C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Lisa R Cohn	officer: President & General Counsel	4582 S. ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Terry Considine	director, officer: CEO	4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Hernandez Margarita Palau	director	300 N. SAN RAFAEL AVE., PASADENA CA 91105
Kristin R. Finney-cooke	director	4582 SOUTH ULSTER STREET, SUITE 1700, DENVER CO 80237