Apollo Commercial Real Estate Finance (Apollo Commercial Real Estate Finance) Debt-to-Equity : 3.15 (As of Dec. 2023)

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What is Apollo Commercial Real Estate Finance Debt-to-Equity?

Apollo Commercial Real Estate Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,551.8 Mil. Apollo Commercial Real Estate Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,403.0 Mil. Apollo Commercial Real Estate Finance's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,208.7 Mil. Apollo Commercial Real Estate Finance's debt to equity for the quarter that ended in Dec. 2023 was 3.15.

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 Apollo Commercial Real Estate Finance's Debt-to-Equity or its related term are showing as below:

ARI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 1.24 Max: 3.15
Current: 3.15

During the past 13 years, the highest Debt-to-Equity Ratio of Apollo Commercial Real Estate Finance was 3.15. The lowest was 0.27. And the median was 1.24.

ARI's Debt-to-Equity is ranked worse than
93.61% of 673 companies
in the REITs industry
Industry Median: 0.78 vs ARI: 3.15

Apollo Commercial Real Estate Finance Debt-to-Equity Historical Data

The historical data trend for Apollo Commercial Real Estate Finance'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.

Apollo Commercial Real Estate Finance Debt-to-Equity Chart

Apollo Commercial Real Estate Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.50

1.99

2.62

2.96

3.15

Apollo Commercial Real Estate Finance 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															2.96	2.96	3.15	3.04	3.15

Competitive Comparison of Apollo Commercial Real Estate Finance's Debt-to-Equity

For the REIT - Mortgage subindustry, Apollo Commercial Real Estate Finance'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.

Apollo Commercial Real Estate Finance's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Apollo Commercial Real Estate Finance's Debt-to-Equity falls into.

Apollo Commercial Real Estate Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Apollo Commercial Real Estate Finance'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
	=	(5551.809	+	1403.016)	/	2208.733
	=	3.15

Apollo Commercial Real Estate Finance'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
	=	(5551.809	+	1403.016)	/	2208.733
	=	3.15

Apollo Commercial Real Estate Finance (NYSE:ARI) 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.

Apollo Commercial Real Estate Finance Debt-to-Equity Related Terms

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Apollo Commercial Real Estate Finance (Apollo Commercial Real Estate Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apollo Commercial Real Estate Finance Inc (NYSE:ARI) » Definitions » Debt-to-Equity

Comparable Companies

LADR CMTG RC PMT CIM FBRT TWO MFA EFC RWT NLY STWD AGNC RITM BXMT ABR KREF NYMT ARR DX

Traded in Other Exchanges

9A1:Germany

Address

c/o Apollo Global Management, Inc, 9 West 57th Street, 42nd Floor, New York, NY, USA, 10019

Website

https://www.apollocref.com

Apollo Commercial Real Estate Finance Inc is a real estate investment trust that primarily originates, invests in, acquires, and manages commercial first-mortgage loans, subordinate financings, commercial mortgage-backed securities, and other real estate-related debt investments. The subordinate loans and first-mortgage loans account for the vast majority of the portfolio on a cost basis. Property types include residential, retail, healthcare, office, mixed-use, hotel, industrial, multifamily, securities, and other, with residential properties and hotels representing the highest property value. More than a third of the properties are located in New York City, with the other properties located across other regions of the United States, as well as other countries.

Executives

Stuart Rothstein	officer: CFO, Treasurer and Secretary	2180 SAND HILL RD, STE 200, MENLO PARK CA 94025
Mark C Biderman	director	NATIONAL FINANCIAL PARTNERS CORP, 340 MADISON AVENUE, 19TH FL, NEW YORK NY 10173
Pamela G Carlton	director	901 S. MARQUETTE AVENUE, MINNEAPOLIS MN 55402
Robert A Kasdin	director	239 CENTRAL PARK WEST, APT 3A, NEW YORK NY 10024
Anastasia G. Mironova	officer: CFO, Secretary & Treasurer	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Whonder Carmencita N.m.	director	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Eric Press	director	1301 AVENUE OF THE AMERICA 38TH FLOOR, NEW YORK NY 10019
Jai Agarwal	officer: CFO, Treasurer and Secretary	601 LEXINGTON AVE, 26TH FLOOR, NEW YORK NY 10022
Katherine G. Newman	director	C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Michael Salvati	director
Brenna Haysom Romando	director	36 BLOOMS CORNERS ROAD, WARWICK NY 10990
Jeffrey M Gault	director	MORGANS HOTEL GROUP CO., 475 TENTH AVENUE, NEW YORK NY 10018
Scott Prince	director	9 W 57TH STREET, NEW YORK NY 10019
Investment Authority Qatar	10 percent owner	P.O. BOX 23224, DOHA S3 QATAR
Cindy Z Michel	director	C/O APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019