CapitaLand Ascendas REIT (CapitaLand Ascendas REIT) Debt-to-Equity

: 0.70 (As of Dec. 2023)

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CapitaLand Ascendas REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $821 Mil. CapitaLand Ascendas REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,560 Mil. CapitaLand Ascendas REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,672 Mil. CapitaLand Ascendas REIT's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

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

ACDSF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.57 Max: 0.7
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of CapitaLand Ascendas REIT was 0.70. The lowest was 0.37. And the median was 0.57.

ACDSF's Debt-to-Equity is ranked better than
57.57% of 674 companies
in the REITs industry
Industry Median: 0.78 vs ACDSF: 0.70

CapitaLand Ascendas REIT Debt-to-Equity Historical Data

The historical data trend for CapitaLand Ascendas 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.

CapitaLand Ascendas REIT Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.59

0.58

0.65

0.66

0.70

CapitaLand Ascendas REIT Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity																0.65	0.66	0.66	0.67	0.70

Competitive Comparison

For the REIT - Industrial subindustry, CapitaLand Ascendas 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.

CapitaLand Ascendas REIT Debt-to-Equity Distribution

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

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

CapitaLand Ascendas REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CapitaLand Ascendas 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
	=	(820.861	+	4559.519)	/	7672.3
	=	0.70

CapitaLand Ascendas 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
	=	(820.861	+	4559.519)	/	7672.3
	=	0.70

CapitaLand Ascendas REIT (OTCPK:ACDSF) 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.

CapitaLand Ascendas REIT Debt-to-Equity Related Terms

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CapitaLand Ascendas REIT (CapitaLand Ascendas REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CapitaLand Ascendas REIT (OTCPK:ACDSF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

A17U:Singapore S3Z:Germany

Address

168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912

Website

https://www.capitaland-ascendasreit.com

CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2022, it held a SGD 16.4 billion portfolio of 220 properties across Singapore, Australia, Europe, and the U.S. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns an 18% stake in the trust.

CapitaLand Ascendas REIT (CapitaLand Ascendas REIT) Headlines

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