Market Cap : 1.61 B | Enterprise Value : 3.88 B | Price-to-FFO : 1388.89 | PB Ratio : 1.36 |
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Preferred Apartment Communities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.0 Mil. Preferred Apartment Communities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $2,388.8 Mil. Preferred Apartment Communities's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $1,154.1 Mil. Preferred Apartment Communities's debt to equity for the quarter that ended in Mar. 2022 was 2.07.
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 Preferred Apartment Communities's Debt-to-Equity or its related term are showing as below:
During the past 12 years, the highest Debt-to-Equity Ratio of Preferred Apartment Communities was 2.29. The lowest was -2.81. And the median was 1.43.
APTS's Debt-to-Equity is ranked worse thanThe historical data trend for Preferred Apartment Communities'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.
For the REIT - Diversified subindustry, Preferred Apartment Communities'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.
For the REITs industry and Real Estate sector, Preferred Apartment Communities's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Preferred Apartment Communities's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Preferred Apartment Communities's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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 | + | 2343.364) | / | 1024.321 | |
= | 2.29 |
Preferred Apartment Communities's Debt to Equity Ratio for the quarter that ended in Mar. 2022 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 | + | 2388.772) | / | 1154.115 | |
= | 2.07 |
* 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.
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.
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.
Thank you for viewing the detailed overview of Preferred Apartment Communities's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Sherman Jeffrey David | officer: PRESIDENT - MULTIFAMILY | 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327 |
Aide Michael | officer: PRESIDENT - RETAIL | 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327 |
Isakson John A | officer: CHIEF FINANCIAL OFFICER | 3284 NORTHSIDE PARKWAY, NW, SUITE 150 ATLANTA GA 30327 |
Sprain Jeffrey R | officer: EVP, GENERAL COUNSEL AND SEC. | 3284 NORTHSIDE PARKWAY, NW, SUITE 150 ATLANTA GA 30327 |
Jackson Daphne Bryson | director | 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327 |
Cannon John M | director | 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327 |
Dupree Parker Boone | officer: President - Office | 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327 |
Finley Sara | director | ONE CVS DRIVE WOONSOCKET RI 02895 |
Wiens John M. | director | 3284 NORTHSIDE PARKWAY NW STE. 150 ATLANTA GA 30327 |
Murphy Joel T | director, officer: See Remarks | 2500 WINDY RIDGE PARKWAY SUITE 1600 ATLANTA GA 30339 |
Gresham William J Jr | director | 1010 RICHMOND HILL DRIVE MARIETTA GA 30068 |
Williams Opportunity Fund Llc | 10 percent owner | 3625 CUMBERLAND BLVD SUITE 400 ATLANTA GA 30339 |
Williams Realty Fund I Llc | 10 percent owner | 3625 CUMBERLAND BLVD STE 400 ATLANTA GA 30339 |
Dupree Daniel M | director | 2500 WINDY RIDGE PARKWAY SUITE 1600 ATLANTA GA 30339 |
Leseman William F | officer: See Remarks | 3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339 |
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