Advance Residence Investment (TSE:3269) Debt-to-Equity : 1.00 (As of Jan. 2023)

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What is Advance Residence Investment Debt-to-Equity?

Advance Residence Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was 円22,880 Mil. Advance Residence Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was 円208,429 Mil. Advance Residence Investment's Total Stockholders Equity for the quarter that ended in Jan. 2023 was 円231,357 Mil. Advance Residence Investment's debt to equity for the quarter that ended in Jan. 2023 was 1.00.

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 Advance Residence Investment's Debt-to-Equity or its related term are showing as below:

TSE:3269's Debt-to-Equity is not ranked ^*
in the REITs industry.
Industry Median: 0.78
* Ranked among companies with meaningful Debt-to-Equity only.

Advance Residence Investment Debt-to-Equity Historical Data

The historical data trend for Advance Residence Investment'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.

Advance Residence Investment Debt-to-Equity Chart

Advance Residence Investment Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Debt-to-Equity

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1.01

1.02

N/A

0.95

0.96

Advance Residence Investment Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.96	0.97	0.99	1.00	N/A

Competitive Comparison of Advance Residence Investment's Debt-to-Equity

For the REIT - Residential subindustry, Advance Residence Investment'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.

Advance Residence Investment's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Advance Residence Investment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Advance Residence Investment's Debt-to-Equity falls into.

Advance Residence Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advance Residence Investment's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(27720	+	192789)	/	230491.886
	=	0.96

Advance Residence Investment's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(22880	+	208429)	/	231357.056
	=	1.00

Advance Residence Investment (TSE:3269) 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.

Advance Residence Investment Debt-to-Equity Related Terms

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Advance Residence Investment (TSE:3269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Advance Residence Investment Corp (TSE:3269) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054

Website

http://www.adr-reit.com

Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

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