Real Estate (ASX:RNC) Debt-to-Equity : 0.60 (As of Dec. 2013)

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What is Real Estate Debt-to-Equity?

Real Estate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was A$0.50 Mil. Real Estate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was A$13.49 Mil. Real Estate's Total Stockholders Equity for the quarter that ended in Dec. 2013 was A$23.28 Mil. Real Estate's debt to equity for the quarter that ended in Dec. 2013 was 0.60.

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 Real Estate's Debt-to-Equity or its related term are showing as below:

ASX:RNC's Debt-to-Equity is not ranked ^*
in the Real Estate industry.
Industry Median: 0.76
* Ranked among companies with meaningful Debt-to-Equity only.

Real Estate Debt-to-Equity Historical Data

The historical data trend for Real Estate'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.

Real Estate Debt-to-Equity Chart

Real Estate Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Debt-to-Equity

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3.41

4.47

9.33

1.15

0.77

Real Estate Semi-Annual Data
	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
Debt-to-Equity	Get a 7-Day Free Trial													1.17	1.15	0.81	0.77	0.60

Competitive Comparison of Real Estate's Debt-to-Equity

For the Real Estate Services subindustry, Real Estate'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.

Real Estate's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Real Estate's Debt-to-Equity falls into.

Real Estate Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Real Estate's Debt to Equity Ratio for the fiscal year that ended in Jun. 2013 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
	=	(1	+	13.425)	/	18.718
	=	0.77

Real Estate's Debt to Equity Ratio for the quarter that ended in Dec. 2013 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
	=	(0.5	+	13.492)	/	23.281
	=	0.60

Real Estate (ASX:RNC) 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.

Real Estate Debt-to-Equity Related Terms

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

Real Estate (ASX:RNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Real Estate Corp Ltd (ASX:RNC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.run.com.au

Run Corp Limited (RNC) is a specialist residential property management company that operates over 20,000 residential properties under management in Melbourne, Sydney, and Brisbane. During the fiscal year 2008, the company launched a new service, branded Agentplus, providing real estate agents with a packaged back-office solution.

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