Plaza Retail REIT (Plaza Retail REIT) Debt-to-Equity : 1.23 (As of Dec. 2023)

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What is Plaza Retail REIT Debt-to-Equity?

Plaza Retail REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $126.57 Mil. Plaza Retail REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $374.67 Mil. Plaza Retail REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $407.34 Mil. Plaza Retail REIT's debt to equity for the quarter that ended in Dec. 2023 was 1.23.

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

PAZRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.18 Med: 1.35 Max: 1.61
Current: 1.23

During the past 13 years, the highest Debt-to-Equity Ratio of Plaza Retail REIT was 1.61. The lowest was 1.18. And the median was 1.35.

PAZRF's Debt-to-Equity is ranked worse than
76.67% of 673 companies
in the REITs industry
Industry Median: 0.78 vs PAZRF: 1.23

Plaza Retail REIT Debt-to-Equity Historical Data

The historical data trend for Plaza Retail 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.

Plaza Retail REIT Debt-to-Equity Chart

Plaza Retail REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.41

1.61

1.37

1.23

Plaza Retail 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															1.37	1.17	1.17	1.18	1.23

Competitive Comparison of Plaza Retail REIT's Debt-to-Equity

For the REIT - Retail subindustry, Plaza Retail 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.

Plaza Retail REIT's Debt-to-Equity Distribution in the REITs Industry

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

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

Plaza Retail REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Plaza Retail 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
	=	(126.571	+	374.671)	/	407.34
	=	1.23

Plaza Retail 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
	=	(126.571	+	374.671)	/	407.34
	=	1.23

Plaza Retail REIT (OTCPK:PAZRF) 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.

Plaza Retail REIT Debt-to-Equity Related Terms

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

Plaza Retail REIT (Plaza Retail REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Plaza Retail REIT (OTCPK:PAZRF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PLZ.UN:Canada

Address

98 Main Street, Fredericton, NB, CAN, E3A 9N6

Website

https://www.plaza.ca

Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.