Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Debt-to-Equity : 0.31 (As of Mar. 2024)

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What is Golden Ventures Leasehold Real Estate Investment Trust Debt-to-Equity?

Golden Ventures Leasehold Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿0 Mil. Golden Ventures Leasehold Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿2,765 Mil. Golden Ventures Leasehold Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿8,990 Mil. Golden Ventures Leasehold Real Estate Investment Trust's debt to equity for the quarter that ended in Mar. 2024 was 0.31.

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 Golden Ventures Leasehold Real Estate Investment Trust's Debt-to-Equity or its related term are showing as below:

BKK:GVREIT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.24 Max: 0.32
Current: 0.31

During the past 8 years, the highest Debt-to-Equity Ratio of Golden Ventures Leasehold Real Estate Investment Trust was 0.32. The lowest was 0.22. And the median was 0.24.

BKK:GVREIT's Debt-to-Equity is ranked better than
88.05% of 678 companies
in the REITs industry
Industry Median: 0.785 vs BKK:GVREIT: 0.31

Golden Ventures Leasehold Real Estate Investment Trust Debt-to-Equity Historical Data

The historical data trend for Golden Ventures Leasehold Real Estate Investment Trust'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.

Golden Ventures Leasehold Real Estate Investment Trust Debt-to-Equity Chart

Golden Ventures Leasehold Real Estate Investment Trust Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.23

0.22

0.31

Golden Ventures Leasehold Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.31	0.31	0.31	0.31	0.31

Competitive Comparison of Golden Ventures Leasehold Real Estate Investment Trust's Debt-to-Equity

For the REIT - Office subindustry, Golden Ventures Leasehold Real Estate Investment Trust'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.

Golden Ventures Leasehold Real Estate Investment Trust's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Golden Ventures Leasehold Real Estate Investment Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Golden Ventures Leasehold Real Estate Investment Trust's Debt-to-Equity falls into.

Golden Ventures Leasehold Real Estate Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golden Ventures Leasehold Real Estate Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(0	+	2749.918)	/	8935.524
	=	0.31

Golden Ventures Leasehold Real Estate Investment Trust's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	2765.174)	/	8990.414
	=	0.31

Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) 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.

Golden Ventures Leasehold Real Estate Investment Trust Debt-to-Equity Related Terms

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Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

944 Rama 4 Road, 22nd Floor, Mitrtown Office Tower, Wangmai, Pathumwan, Bangkok, THA, 10330

Website

https://www.gvreit.com

Golden Ventures Leasehold Real Estate Investment Trust operates leasehold properties, focusing on office buildings. The company invests in properties located in Thailand. The Trust's objectives are to raise funds from investors both ordinary and juristic persons, including long-term loans from financial institutions and deposits from rental to invest in 2 projects Park Ventures Ecoplex Project and Sathorn Square Project.

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