Firm Capital Property Trust (TSX:FCD.UN) Debt-to-Equity : 1.15 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Firm Capital Property Trust Debt-to-Equity?

Firm Capital Property Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$128.95 Mil. Firm Capital Property Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$206.35 Mil. Firm Capital Property Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$291.69 Mil. Firm Capital Property Trust's debt to equity for the quarter that ended in Dec. 2023 was 1.15.

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 Firm Capital Property Trust's Debt-to-Equity or its related term are showing as below:

TSX:FCD.UN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.74 Med: 1.06 Max: 1.15
Current: 1.15

During the past 12 years, the highest Debt-to-Equity Ratio of Firm Capital Property Trust was 1.15. The lowest was 0.74. And the median was 1.06.

TSX:FCD.UN's Debt-to-Equity is ranked worse than
74.15% of 673 companies
in the REITs industry
Industry Median: 0.78 vs TSX:FCD.UN: 1.15

Firm Capital Property Trust Debt-to-Equity Historical Data

The historical data trend for Firm Capital Property 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.

Firm Capital Property Trust Debt-to-Equity Chart

Firm Capital Property Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.04

1.11

0.90

1.10

1.15

Firm Capital Property Trust 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															1.10	1.12	1.13	1.16	1.15

Competitive Comparison of Firm Capital Property Trust's Debt-to-Equity

For the REIT - Retail subindustry, Firm Capital Property 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.

Firm Capital Property Trust's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Firm Capital Property Trust's Debt-to-Equity falls into.

Firm Capital Property Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Firm Capital Property Trust'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
	=	(128.946	+	206.347)	/	291.693
	=	1.15

Firm Capital Property Trust'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
	=	(128.946	+	206.347)	/	291.693
	=	1.15

Firm Capital Property Trust (TSX:FCD.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.

Firm Capital Property Trust Debt-to-Equity Related Terms

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

Firm Capital Property Trust (TSX:FCD.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Firm Capital Property Trust (TSX:FCD.UN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FRMUF:USA

Address

163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5

Website

https://www.firmcapital.com

Firm Capital Property Trust is a Canada-based open-ended real estate investment trust. It is focused on creating long-term value for unitholders through capital preservation and disciplined investing to achieve stable distributable income. The company operates in five reportable segments: Grocery Anchored Retail, Non-Grocery Anchored Retail, Industrial, Multi-Residential, and Core Service Office Provider. A vast majority of its revenues are derived from the Grocery anchored retail segment.

Firm Capital Property Trust (TSX:FCD.UN) Headlines

No Headlines