LXP Industrial Trust (LXP Industrial Trust) Debt-to-Equity : 0.75 (As of Dec. 2023)

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What is LXP Industrial Trust Debt-to-Equity?

LXP Industrial Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. LXP Industrial Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,663.3 Mil. LXP Industrial Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,232.1 Mil. LXP Industrial Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.75.

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

LXP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 0.89 Max: 1.47
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of LXP Industrial Trust was 1.47. The lowest was 0.59. And the median was 0.89.

LXP's Debt-to-Equity is ranked better than
53.79% of 673 companies
in the REITs industry
Industry Median: 0.78 vs LXP: 0.75

LXP Industrial Trust Debt-to-Equity Historical Data

The historical data trend for LXP Industrial 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.

LXP Industrial Trust Debt-to-Equity Chart

LXP Industrial Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.72

0.63

0.61

0.59

0.75

LXP Industrial Trust 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															0.59	0.60	0.60	0.61	0.75

Competitive Comparison of LXP Industrial Trust's Debt-to-Equity

For the REIT - Industrial subindustry, LXP Industrial 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.

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

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

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

LXP Industrial Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LXP Industrial 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	+	1663.266)	/	2232.087
	=	0.75

LXP Industrial Trust'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
	=	(0	+	1663.266)	/	2232.087
	=	0.75

LXP Industrial Trust (NYSE:LXP) 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.

LXP Industrial Trust Debt-to-Equity Related Terms

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

LXP Industrial Trust (LXP Industrial Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LXP Industrial Trust (NYSE:LXP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LXPpC.PFD:USA

Address

One Penn Plaza, Suite 4015, New York, NY, USA, 10119-4015

Website

https://www.lxp.com

LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. Majority of the revenue is earned through rental revenue.

Executives

Derrick L Johnson	director	C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Nancy Elizabeth Noe	director	ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119
Arun Gupta	director	C/O COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE 300, ALEXANDRIA VA 22314
Nabil Andrawis	officer: EVP, Director of Taxation	C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Richard Frary	director	C/O TALLWOOD ASSOCIATES INC., 14 EAST 60TH STREET, SUITE 1003, NEW YORK NY 10022
Jamie Handwerker	director	9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Lara Sweeney Johnson	officer: EVP	C/O WINTHROP FINANCIAL ASSOCIATES, TWO JERICHO QUADRANGLE WING A SUITE 111, JERICHO NY 11753
Joseph Bonventre	officer: EVP, Gen Counsel & Secretary	ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Mark Cherone	officer: Chief Accounting Officer	C/O LEXINGTON REALTY TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 11743
James Dudley	officer: EVP & Director of Asset Mgmt.	C/O LEXINGTON REALTY TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Brendan P Mullinix	officer: EVP	LEXINGTON CORPORATE PROPERTIES TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Howard Stewart Roth	director	19 DEEPDALE DRIVE, GREAT NECK NY 11021
T Wilson Eglin	director, officer: CEO, President and COO
E Robert Roskind	director, officer: Chairman of the Board
Richard J Rouse	director, officer: Co-Vice Chairman & CIO