RAM Essential Services Property Fund (ASX:REP) Debt-to-Equity : 1.21 (As of Dec. 2023)

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What is RAM Essential Services Property Fund Debt-to-Equity?

RAM Essential Services Property Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$23.54 Mil. RAM Essential Services Property Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$264.31 Mil. RAM Essential Services Property Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$237.97 Mil. RAM Essential Services Property Fund's debt to equity for the quarter that ended in Dec. 2023 was 1.21.

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 RAM Essential Services Property Fund's Debt-to-Equity or its related term are showing as below:

ASX:REP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.83 Med: 1.03 Max: 1.21
Current: 1.21

During the past 2 years, the highest Debt-to-Equity Ratio of RAM Essential Services Property Fund was 1.21. The lowest was 0.83. And the median was 1.03.

ASX:REP's Debt-to-Equity is ranked worse than
89.96% of 1016 companies
in the Asset Management industry
Industry Median: 0.195 vs ASX:REP: 1.21

RAM Essential Services Property Fund Debt-to-Equity Historical Data

The historical data trend for RAM Essential Services Property Fund'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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RAM Essential Services Property Fund Debt-to-Equity Chart

RAM Essential Services Property Fund Annual Data

Trend

Jun22

Jun23

Debt-to-Equity

0.91

1.20

RAM Essential Services Property Fund Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	0.83	0.91	1.03	1.20	1.21

Competitive Comparison of RAM Essential Services Property Fund's Debt-to-Equity

For the Asset Management subindustry, RAM Essential Services Property Fund'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.

RAM Essential Services Property Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RAM Essential Services Property Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where RAM Essential Services Property Fund's Debt-to-Equity falls into.

RAM Essential Services Property Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RAM Essential Services Property Fund's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(22.219	+	278.211)	/	250.6
	=	1.20

RAM Essential Services Property Fund'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
	=	(23.542	+	264.305)	/	237.972
	=	1.21

RAM Essential Services Property Fund (ASX:REP) 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.

RAM Essential Services Property Fund Debt-to-Equity Related Terms

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RAM Essential Services Property Fund (ASX:REP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RAM Essential Services Property Fund (ASX:REP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Australia Square 264 George Street, Suite 3201, Level 32, Sydney, NSW, AUS, 2000

Website

https://www.ramgroup.com

RAM Essential Services Property Fund invests in high-quality Australian medical and essential retail real estate assets, leased to essential services tenants. Its objective is to provide investors with stable and secure income with the potential for both income and capital growth through exposure to high quality, defensive portfolio of assets with favourable sector trends.

RAM Essential Services Property Fund (ASX:REP) Headlines

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