Japan Metropolitan Fund Investment (TSE:8953) Debt-to-Equity : 0.88 (As of Aug. 2023)

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What is Japan Metropolitan Fund Investment Debt-to-Equity?

Japan Metropolitan Fund Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円64,700 Mil. Japan Metropolitan Fund Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was 円485,945 Mil. Japan Metropolitan Fund Investment's Total Stockholders Equity for the quarter that ended in Aug. 2023 was 円625,077 Mil. Japan Metropolitan Fund Investment's debt to equity for the quarter that ended in Aug. 2023 was 0.88.

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 Japan Metropolitan Fund Investment's Debt-to-Equity or its related term are showing as below:

TSE:8953' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.84 Med: 0.92 Max: 0.97
Current: 0.88

During the past 13 years, the highest Debt-to-Equity Ratio of Japan Metropolitan Fund Investment was 0.97. The lowest was 0.84. And the median was 0.92.

TSE:8953's Debt-to-Equity is ranked worse than
58.54% of 673 companies
in the REITs industry
Industry Median: 0.78 vs TSE:8953: 0.88

Japan Metropolitan Fund Investment Debt-to-Equity Historical Data

The historical data trend for Japan Metropolitan Fund 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.

Japan Metropolitan Fund Investment Debt-to-Equity Chart

Japan Metropolitan Fund Investment Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Debt-to-Equity

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0.91

0.93

0.95

0.86

0.88

Japan Metropolitan Fund Investment Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.88	0.88	0.88	0.88	N/A

Competitive Comparison of Japan Metropolitan Fund Investment's Debt-to-Equity

For the REIT - Retail subindustry, Japan Metropolitan Fund 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.

Japan Metropolitan Fund Investment's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Japan Metropolitan Fund Investment's Debt-to-Equity falls into.

Japan Metropolitan Fund Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Japan Metropolitan Fund Investment's Debt to Equity Ratio for the fiscal year that ended in Aug. 2022 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
	=	(60700	+	488945)	/	624776.413
	=	0.88

Japan Metropolitan Fund Investment's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(64700	+	485945)	/	625077.288
	=	0.88

Japan Metropolitan Fund Investment (TSE:8953) 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.

Japan Metropolitan Fund Investment Debt-to-Equity Related Terms

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

Japan Metropolitan Fund Investment (TSE:8953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Japan Metropolitan Fund Investment Corp (TSE:8953) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JRFIF:USA

Address

Marunouchi 2-chome, Tokyo Building 7-3, Chiyoda-ku, Tokyo, JPN, 100-6420

Website

https://www.jmf-reit.com

Japan Metropolitan Fund Investment Corp is a Japanese real estate investment trust that specialises in retail properties. The company principally generates revenue from leasing properties to tenants, which include supermarkets, clothing and accessory stores, cosmetic shops, general merchandise stores, and entertainment venues. The company's properties are located domestically in urban and suburban areas, with approximately half in the Greater Tokyo metropolitan area and the remaining in Osaka, Nagoya and surrounding areas, and other major cities.

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