Patrimoine et Commerce (XPAR:PAT) Debt-to-Equity : 0.95 (As of Dec. 2023)

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What is Patrimoine et Commerce Debt-to-Equity?

Patrimoine et Commerce's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €73.39 Mil. Patrimoine et Commerce's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €342.25 Mil. Patrimoine et Commerce's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €439.25 Mil. Patrimoine et Commerce's debt to equity for the quarter that ended in Dec. 2023 was 0.95.

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 Patrimoine et Commerce's Debt-to-Equity or its related term are showing as below:

XPAR:PAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.95 Med: 1.07 Max: 1.19
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Patrimoine et Commerce was 1.19. The lowest was 0.95. And the median was 1.07.

XPAR:PAT's Debt-to-Equity is ranked worse than
64.08% of 671 companies
in the REITs industry
Industry Median: 0.78 vs XPAR:PAT: 0.95

Patrimoine et Commerce Debt-to-Equity Historical Data

The historical data trend for Patrimoine et Commerce'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.

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Patrimoine et Commerce Debt-to-Equity Chart

Patrimoine et Commerce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.19

1.05

1.00

0.95

Patrimoine et Commerce Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.05	1.08	1.00	1.00	0.95

Competitive Comparison of Patrimoine et Commerce's Debt-to-Equity

For the REIT - Retail subindustry, Patrimoine et Commerce'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.

Patrimoine et Commerce's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Patrimoine et Commerce's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Patrimoine et Commerce's Debt-to-Equity falls into.

Patrimoine et Commerce Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Patrimoine et Commerce'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
	=	(73.388	+	342.248)	/	439.246
	=	0.95

Patrimoine et Commerce'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
	=	(73.388	+	342.248)	/	439.246
	=	0.95

Patrimoine et Commerce (XPAR:PAT) 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.

Patrimoine et Commerce Debt-to-Equity Related Terms

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

Patrimoine et Commerce (XPAR:PAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Patrimoine et Commerce (XPAR:PAT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7/9 rue Nationale, Boulogne-Billacourt, FRA, 92100

Website

http://www.patrimoine-commerce.com

Patrimoine et Commerce is a real estate company engaged in the acquisition, development, and operation of commercial real estate properties in France. It operates a portfolio of real estate assets located in high-attraction areas in the suburbs or centers of medium-sized cities. The company's property portfolio includes shopping malls, supermarkets, shops, and business parks.

Patrimoine et Commerce (XPAR:PAT) Headlines

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