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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.
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.
Axtra Future City Freehold and Leasehold REIT Debt-to-Equity Related Terms
Axtra Future City Freehold and Leasehold REIT Debt-to-Equity Historical Data
* 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.
Axtra Future City Freehold and Leasehold REIT Debt-to-Equity Chart
Axtra Future City Freehold and Leasehold REIT Annual Data
BKK:AXTRART vs SPG, O, KIM: Debt-to-Equity Comparison
For the REIT - Retail subindustry, Axtra Future City Freehold and Leasehold 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.
Axtra Future City Freehold and Leasehold REIT Debt-to-Equity vs REITs Industry
* 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.
Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) has a Debt-to-Equity of 0.10 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors. This is near median its historical median of 0.10. Over the past decade, Axtra Future City Freehold and Leasehold REIT's Debt-to-Equity has ranged from 0.08 to 0.11. According to the industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #38 out of 683 companies in the REITs industry, placing it in the top 5.6%.
Is Axtra Future City Freehold and Leasehold REIT's Debt-to-Equity too high?
Axtra Future City Freehold and Leasehold REIT's current Debt-to-Equity of 0.10 is near median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.11. The REITs industry median Debt-to-Equity is 0.78. Axtra Future City Freehold and Leasehold REIT's value of 0.10 is 87.2% below this industry median. Based on the distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #38 out of 683 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Axtra Future City Freehold and Leasehold REIT has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axtra Future City Freehold and Leasehold REIT's Debt-to-Equity compare to SPG and O?
According to the REITs industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #38 out of 683 companies for Debt-to-Equity. This places Axtra Future City Freehold and Leasehold REIT in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.78. Axtra Future City Freehold and Leasehold REIT's value of 0.10 is 87.2% below this benchmark. Historically, Axtra Future City Freehold and Leasehold REIT's own Debt-to-Equity has ranged from 0.08 to 0.11 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.78, Axtra Future City Freehold and Leasehold 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 683 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. Axtra Future City Freehold and Leasehold REIT's current Debt-to-Equity of 0.10 is 87.2% 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 Axtra Future City Freehold and Leasehold 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. Axtra Future City Freehold and Leasehold REIT's current Debt-to-Equity is 0.10, which is near median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtra Future City Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) is currently considered Fairly Valued. The stock's GF Value™ is ฿13.17, compared to a current price of ฿13.20 — trading 0.2% above its estimated fair value. The current Debt-to-Equity is 0.10, which is near median its 10-year median of 0.10 and 87.2% below the REITs industry median of 0.78. Axtra Future City Freehold and Leasehold REIT's overall GF Score™ is 86/100 with 4 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART), the current Debt-to-Equity is 0.10 as of Mar. 2026. 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Overvalued in 2026?
Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT stock appears to be overvalued.
The current stock price of ฿13.20 is trading 0.2% above its estimated GF Value™ of ฿13.17.
GuruFocus considers Axtra Future City Freehold and Leasehold REIT to be Fairly Valued.
Key valuation signals for BKK:AXTRART:
Debt-to-Equity: 0.10 (near median its 10-year median of 0.10)
GF Value™: ฿13.17 vs. price of ฿13.20 (0.2% above fair value)
Industry Position: 87.2% below the REITs median (#38 of 683)
No single metric tells the full story. See the BKK:AXTRART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axtra Future City Freehold and Leasehold REIT is a closed-end retail growth freehold and leasehold property fund. The Fund's objective is to seek funds from investors, invest mostly in property or property leasehold rights and generate benefit from such property. It Invest in Freehold & Leasehold of properties which comprises of nearly 23 shopping malls (Lotus's). The company operates only in Thailand.
86GF Score
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