Dexus Convenience Retail REIT (ASX:DXC) Debt-to-Equity: 0.44 (As of Dec. 2025) — 10% Below Median

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ASX:DXC Dexus Convenience Retail REIT ASX:DXC
74 GF Score
Price A$2.67
GF Value A$2.57
Valuation Fairly Valued
! 7 Warning Signs
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What is Dexus Convenience Retail REIT Debt-to-Equity?

Dexus Convenience Retail REIT ASX:DXC -1.11% 74 Debt-to-Equity is 0.44 as of Dec. 2025, which is 10% below its 10-year median of 0.49. GuruFocus rates ASX:DXC with a GF Score™ of 74/100 and a GF Value™ of A$2.57 (Fairly Valued). The stock has 7 warning signs investors should review. Among 689 REITs companies, Dexus Convenience Retail REIT ranks better than 77.21% on this metric.

Dexus Convenience Retail REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.00 Mil. Dexus Convenience Retail REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$230.43 Mil. Dexus Convenience Retail REIT's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$523.29 Mil. Dexus Convenience Retail REIT's debt to equity for the quarter that ended in Dec. 2025 was 0.44.

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 Dexus Convenience Retail REIT's Debt-to-Equity or its related term are showing as below:

ASX:DXC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 0.49   Max: 1.2
Current: 0.44

During the past 8 years, the highest Debt-to-Equity Ratio of Dexus Convenience Retail REIT was 1.20. The lowest was 0.21. And the median was 0.49.

ASX:DXC's Debt-to-Equity is ranked better than
77.21% of 689 companies
in the REITs industry
Industry Median: 0.78 vs ASX:DXC: 0.44

Dexus Convenience Retail REIT  (ASX:DXC) 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.


Dexus Convenience Retail REIT Debt-to-Equity Related Terms


Dexus Convenience Retail REIT Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Dexus Convenience Retail REIT'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.

Dexus Convenience Retail REIT Debt-to-Equity Chart

Dexus Convenience Retail REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial 0.40 0.54 0.51 0.50 0.43

Dexus Convenience Retail REIT Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.13 0.50 0.42 0.43 0.44

ASX:DXC vs SPG, O, KIM: Debt-to-Equity Comparison

For the REIT - Retail subindustry, Dexus Convenience Retail REIT'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.


Dexus Convenience Retail REIT Debt-to-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Dexus Convenience Retail REIT's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dexus Convenience Retail REIT's Debt-to-Equity falls into.


ASX:DXC
74GF Score
Dexus Convenience Retail REIT ASX:DXC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dexus Convenience Retail REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dexus Convenience Retail REIT's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dexus Convenience Retail REIT's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.44 mean?
Dexus Convenience Retail REIT (ASX:DXC) has a Debt-to-Equity of 0.44 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dexus Convenience Retail REIT and its competitors. This is 10% below median its historical median of 0.49. Over the past decade, Dexus Convenience Retail REIT's Debt-to-Equity has ranged from 0.21 to 1.20. According to the industry distribution chart, Dexus Convenience Retail REIT ranks #157 out of 689 companies in the REITs industry, placing it in the top 22.8%.
Is Dexus Convenience Retail REIT's Debt-to-Equity too high?
Dexus Convenience Retail REIT's current Debt-to-Equity of 0.44 is 10% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.20. The REITs industry median Debt-to-Equity is 0.78. Dexus Convenience Retail REIT's value of 0.44 is 43.6% below this industry median. Based on the distribution chart, Dexus Convenience Retail REIT ranks #157 out of 689 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Dexus Convenience Retail REIT has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dexus Convenience Retail REIT's Debt-to-Equity compare to SPG and O?
According to the REITs industry distribution chart, Dexus Convenience Retail REIT ranks #157 out of 689 companies for Debt-to-Equity. This places Dexus Convenience Retail REIT in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.78. Dexus Convenience Retail REIT's value of 0.44 is 43.6% below this benchmark. Historically, Dexus Convenience Retail REIT's own Debt-to-Equity has ranged from 0.21 to 1.20 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.78, Dexus Convenience Retail REIT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 689 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dexus Convenience Retail REIT's current Debt-to-Equity of 0.44 is 43.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dexus Convenience Retail REIT and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dexus Convenience Retail REIT's current Debt-to-Equity is 0.44, which is 10% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexus Convenience Retail REIT stock overvalued right now?
Based on GuruFocus' analysis, Dexus Convenience Retail REIT (ASX:DXC) is currently considered Fairly Valued. The stock's GF Value™ is A$2.57, compared to a current price of A$2.67 — trading 3.9% above its estimated fair value. The current Debt-to-Equity is 0.44, which is 10% below median its 10-year median of 0.49 and 43.6% below the REITs industry median of 0.78. Dexus Convenience Retail REIT's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Dexus Convenience Retail REIT (ASX:DXC), the current Debt-to-Equity is 0.44 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dexus Convenience Retail REIT (ASX:DXC) Overvalued in 2026?

Based on GuruFocus' analysis, Dexus Convenience Retail REIT stock appears to be overvalued. The current stock price of A$2.67 is trading 3.9% above its estimated GF Value™ of A$2.57. GuruFocus considers Dexus Convenience Retail REIT to be Fairly Valued.

Key valuation signals for ASX:DXC:

  • Debt-to-Equity: 0.44 (10% below median its 10-year median of 0.49)
  • GF Value™: A$2.57 vs. price of A$2.67 (3.9% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 43.6% below the REITs median (#157 of 689)

No single metric tells the full story. See the ASX:DXC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dexus Convenience Retail REIT Business Description

Industry Real EstateREITs
Address 50 Bridge Street, Level 30, Sydney, NSW, AUS, 2000
Dexus Convenience Retail REIT is an Australian real estate investment trust. The company owns a portfolio of service stations and convenience retail assets located across Australia. The company derives all income from investments in properties located in Australia. The principal investment objective of the group is to invest in convenience retail properties that provide investors with a high and consistent income distribution that maintains its real value for the life of the group.
74GF Score

Get the complete analysis for ASX:DXC

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.67
Price
A$2.57
GF Value