Dream Impact Trust (TSX:MPCT.UN) Debt-to-Equity

: 0.63 (As of Dec. 2023)

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Dream Impact Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Dream Impact Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$270.06 Mil. Dream Impact Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$428.66 Mil. Dream Impact Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

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 Dream Impact Trust's Debt-to-Equity or its related term are showing as below:

TSX:MPCT.UN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.35 Max: 0.63
Current: 0.63

During the past 11 years, the highest Debt-to-Equity Ratio of Dream Impact Trust was 0.63. The lowest was 0.16. And the median was 0.35.

TSX:MPCT.UN's Debt-to-Equity is ranked better than
63.65% of 674 companies
in the REITs industry
Industry Median: 0.78 vs TSX:MPCT.UN: 0.63

Dream Impact Trust Debt-to-Equity Historical Data

The historical data trend for Dream Impact 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.

Dream Impact Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.16

0.25

0.47

0.63

Dream Impact 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																0.47	0.57	0.57	0.59	0.63

Competitive Comparison

For the REIT - Diversified subindustry, Dream Impact 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.

Dream Impact Trust Debt-to-Equity Distribution

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

* The bar in red indicates where Dream Impact Trust's Debt-to-Equity falls into.

Dream Impact Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dream Impact 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
	=	(0	+	270.056)	/	428.657
	=	0.63

Dream Impact 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
	=	(0	+	270.056)	/	428.657
	=	0.63

Dream Impact Trust (TSX:MPCT.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.

Dream Impact Trust Debt-to-Equity Related Terms

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Dream Impact Trust (TSX:MPCT.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Impact Trust (TSX:MPCT.UN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DDHRF:USA

Address

30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Impact Trust is a Canada-based open-ended trust. It is focused on asset alternative investments consisting of real estate, real estate lending, real estate development, and renewable power. The objective is to generate financial returns along with positive social and environmental impacts. It has two operating segments: The development and investment holdings segment is comprised of direct and indirect investments in residential and mixed-use developments, a hospitality asset, and participating mortgage receivables and the Recurring income segment is comprised of a portfolio of stabilized office and commercial real estate income properties and multi-family rental assets over which the trust has significant influence, joint control, or control, and interest-paying corporate loans.

Dream Impact Trust (TSX:MPCT.UN) Headlines

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