Prodea Real Estate Investment Co (ATH:PRODEA) Debt-to-Equity : 0.89 (As of Dec. 2023)

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What is Prodea Real Estate Investment Co Debt-to-Equity?

Prodea Real Estate Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €366.3 Mil. Prodea Real Estate Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €961.6 Mil. Prodea Real Estate Investment Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,492.3 Mil. Prodea Real Estate Investment Co's debt to equity for the quarter that ended in Dec. 2023 was 0.89.

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

ATH:PRODEA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.53 Max: 0.92
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Prodea Real Estate Investment Co was 0.92. The lowest was 0.27. And the median was 0.53.

ATH:PRODEA's Debt-to-Equity is ranked worse than
59.38% of 672 companies
in the REITs industry
Industry Median: 0.78 vs ATH:PRODEA: 0.89

Prodea Real Estate Investment Co Debt-to-Equity Historical Data

The historical data trend for Prodea Real Estate Investment Co'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.

Prodea Real Estate Investment Co Debt-to-Equity Chart

Prodea Real Estate Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.62

0.66

0.90

0.92

0.89

Prodea Real Estate Investment Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.87	0.89	0.92	0.94	0.89

Competitive Comparison of Prodea Real Estate Investment Co's Debt-to-Equity

For the REIT - Office subindustry, Prodea Real Estate Investment Co'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.

Prodea Real Estate Investment Co's Debt-to-Equity Distribution in the REITs Industry

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

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

Prodea Real Estate Investment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prodea Real Estate Investment Co'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
	=	(366.281	+	961.618)	/	1492.304
	=	0.89

Prodea Real Estate Investment Co'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
	=	(366.281	+	961.618)	/	1492.304
	=	0.89

Prodea Real Estate Investment Co (ATH:PRODEA) 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.

Prodea Real Estate Investment Co Debt-to-Equity Related Terms

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Prodea Real Estate Investment Co (ATH:PRODEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Prodea Real Estate Investment Co SA (ATH:PRODEA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Chrisospiliotissis 9 street, Athens, GRC, 10562

Website

https://www.prodea.gr

Prodea Real Estate Investment Co SA is a Greek Real Estate Investment trust. The Company's Business Segments include Retail/big boxes, Bank Branches, Offices and Other (including logistics, hotels, archives, petrol stations, parking spaces, land plots, residential properties and other properties with special use). The Geographical Segments of the company include 1) Greece, 2) Italy, 3) Cyprus and 4) Other countries.

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