Cominar Real Estate Investment Trust (TSX:CUF.UN) Debt-to-Equity : 1.39 (As of Dec. 2021)

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What is Cominar Real Estate Investment Trust Debt-to-Equity?

Cominar Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was C$0.0 Mil. Cominar Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was C$3,459.9 Mil. Cominar Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Dec. 2021 was C$2,483.1 Mil. Cominar Real Estate Investment Trust's debt to equity for the quarter that ended in Dec. 2021 was 1.39.

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 Cominar Real Estate Investment Trust's Debt-to-Equity or its related term are showing as below:

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

Cominar Real Estate Investment Trust Debt-to-Equity Historical Data

The historical data trend for Cominar Real Estate Investment 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.

Cominar Real Estate Investment Trust Debt-to-Equity Chart

Cominar Real Estate Investment Trust Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

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1.59

1.34

1.20

1.44

1.39

Cominar Real Estate Investment Trust Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Debt-to-Equity	Get a 7-Day Free Trial															1.44	1.39	1.32	1.30	1.39

Competitive Comparison of Cominar Real Estate Investment Trust's Debt-to-Equity

For the REIT - Diversified subindustry, Cominar Real Estate Investment 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.

Cominar Real Estate Investment Trust's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Cominar Real Estate Investment Trust's Debt-to-Equity falls into.

Cominar Real Estate Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cominar Real Estate Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0	+	3459.9)	/	2483.124
	=	1.39

Cominar Real Estate Investment Trust's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0	+	3459.9)	/	2483.124
	=	1.39

Cominar Real Estate Investment Trust (TSX:CUF.UN) 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.

Cominar Real Estate Investment Trust Debt-to-Equity Related Terms

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Cominar Real Estate Investment Trust (TSX:CUF.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cominar Real Estate Investment Trust (TSX:CUF.UN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

2820 Laurier Boulevard, Suite 850, Quebec City, QC, CAN, G1V 0C1

Website

https://www.cominar.com

Cominar Real Estate Investment Trust is a Canadian REIT involved in the ownership and management of properties throughout the Canadian provinces. Cominar's real estate portfolio comprises a mix of office, retail, and industrial and mixed-use properties. While industrial and mixed-use assets are the most numerous and command the most square footage in the company's portfolio, office and retail locations combined represent the vast majority of the portfolio's total value. Most of Cominar's properties are located in the Greater Quebec City and Montreal areas. The company derives nearly all of its revenue from rental income from its investment properties. The source of this revenue is largely split between Cominar's office and retail locations.

Cominar Real Estate Investment Trust (TSX:CUF.UN) Headlines

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