DRREF (Dream Residential REIT) Debt-to-Asset : 0.34 (As of Sep. 2024)

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What is Dream Residential REIT Debt-to-Asset?

Dream Residential REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Dream Residential REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $138.50 Mil. Dream Residential REIT's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $407.78 Mil. Dream Residential REIT's debt to asset for the quarter that ended in Sep. 2024 was 0.34.

Dream Residential REIT Debt-to-Asset Historical Data

The historical data trend for Dream Residential REIT's Debt-to-Asset 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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Dream Residential REIT Debt-to-Asset Chart

Dream Residential REIT Annual Data

Trend

Dec22

Dec23

Debt-to-Asset

0.32

0.33

Dream Residential REIT Quarterly Data
	Feb22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial						-	0.33	0.34	0.34	0.34

Competitive Comparison of Dream Residential REIT's Debt-to-Asset

For the REIT - Residential subindustry, Dream Residential REIT's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Residential REIT's Debt-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dream Residential REIT's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Dream Residential REIT's Debt-to-Asset falls into.

Dream Residential REIT Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Dream Residential REIT's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	137.632)	/	411.926
	=	0.33

Dream Residential REIT's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	138.504)	/	407.784
	=	0.34

Dream Residential REIT (OTCPK:DRREF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Dream Residential REIT Debt-to-Asset Related Terms

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Dream Residential REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (OTCPK:DRREF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

DRR.U:Canada

Address

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

Website

https://www.dream.ca

Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.