Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda (BSP:AZPL11) Debt-to-Equity: 0.00 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:AZPL11 Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda BSP:AZPL11
7 GF Score
Price R$7.27
! 1 Warning Sign
View Full Analysis

What is Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Debt-to-Equity?

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda BSP:AZPL11 +0.14% 7 Debt-to-Equity is 0.00 as of Dec. 2025. GuruFocus rates BSP:AZPL11 with a GF Score™ of 7/100. The stock has 1 warning sign investors should review. Among 685 REITs companies, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ranks worse than 145985.26% on this metric.

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R$0.00 Mil. Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R$0.00 Mil. Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Total Stockholders Equity for the quarter that ended in Dec. 2025 was R$359.86 Mil. Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's debt to equity for the quarter that ended in Dec. 2025 was 0.00.

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 Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Debt-to-Equity or its related term are showing as below:

BSP:AZPL11's Debt-to-Equity is not ranked *
in the REITs industry.
Industry Median: 0.78
* Ranked among companies with meaningful Debt-to-Equity only.

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda  (BSP:AZPL11) 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.


Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Debt-to-Equity Related Terms


Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda'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.

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Debt-to-Equity Chart

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Annual Data
Trend Dec24 Dec25
Debt-to-Equity
0.00 0.00

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Semi-Annual Data
Dec24 Dec25
Debt-to-Equity 0.00 0.00

BSP:AZPL11 vs PLD, PSA, EXR: Debt-to-Equity Comparison

For the REIT - Industrial subindustry, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda'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.


Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Debt-to-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Debt-to-Equity falls into.


BSP:AZPL11
7GF Score
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda BSP:AZPL11
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda (BSP:AZPL11) has a Debt-to-Equity of 0.00 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda and its competitors. According to the industry distribution chart, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ranks #999999 out of 685 companies in the REITs industry.
Is Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Debt-to-Equity too high?
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's current Debt-to-Equity is 0.00. Based on the distribution chart, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ranks #999999 out of 685 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Debt-to-Equity compare to PLD and PSA?
According to the REITs industry distribution chart, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ranks #999999 out of 685 companies for Debt-to-Equity. This places Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda in the lower half of its industry. The industry median Debt-to-Equity is 0.78. 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 685 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. 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 Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda 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. Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda stock overvalued right now?
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda (BSP:AZPL11) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's overall GF Score™ is 7/100 with 1 warning sign 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 Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda (BSP:AZPL11), the current Debt-to-Equity is 0.00 as of Dec. 2025. 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.

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Business Description

Industry Real EstateREITs
Address 1793, Bela Vista, Sao Paulo, SP, BRA, 01311200
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda is a real estate investment fund. It invests in performing logistics warehouses leased to tenants with good credit quality. Its Portfolio is composed of (i) assets located close (up to 40km) to the main urban centers of the country and (ii) assets that may be outside the 40km radius, but that have an atypical long-term lease agreement.
7GF Score

Get the complete analysis for BSP:AZPL11

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$7.27
Price