Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) Debt-to-Equity: 0.43 (As of Dec. 2025) — 14% Below Median

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BSP:HDEL11 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11
10 GF Score
Price R$3.26
! 2 Warning Signs
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What is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Debt-to-Equity?

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11 10 Debt-to-Equity is 0.43 as of Dec. 2025, which is 14% below its 10-year median of 0.50. GuruFocus rates BSP:HDEL11 with a GF Scoreâ„¢ of 10/100. The stock has 2 warning signs investors should review. Among 684 REITs companies, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks better than 77.78% on this metric.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R$34.10 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R$0.00 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Total Stockholders Equity for the quarter that ended in Dec. 2025 was R$78.62 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's debt to equity for the quarter that ended in Dec. 2025 was 0.43.

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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Debt-to-Equity or its related term are showing as below:

BSP:HDEL11' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.5   Max: 13.92
Current: 0.43

During the past 4 years, the highest Debt-to-Equity Ratio of Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio was 13.92. The lowest was 0.22. And the median was 0.50.

BSP:HDEL11's Debt-to-Equity is ranked better than
77.78% of 684 companies
in the REITs industry
Industry Median: 0.78 vs BSP:HDEL11: 0.43

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio  (BSP:HDEL11) 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.


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Debt-to-Equity Related Terms


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Debt-to-Equity Chart

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
13.92 0.22 0.56 0.43

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Debt-to-Equity 13.92 0.22 0.56 0.43

BSP:HDEL11 vs VICI, WPC, BNL: Debt-to-Equity Comparison

For the REIT - Diversified subindustry, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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.


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Debt-to-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Debt-to-Equity falls into.


BSP:HDEL11
10GF Score
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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 0.43 mean?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) has a Debt-to-Equity of 0.43 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio and its competitors. This is 14% below median its historical median of 0.50. Over the past decade, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Debt-to-Equity has ranged from 0.22 to 13.92. According to the industry distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #152 out of 684 companies in the REITs industry, placing it in the top 22.2%.
Is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Debt-to-Equity too high?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Debt-to-Equity of 0.43 is 14% below median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 13.92. The REITs industry median Debt-to-Equity is 0.78. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's value of 0.43 is 44.9% below this industry median. Based on the distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #152 out of 684 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Debt-to-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #152 out of 684 companies for Debt-to-Equity. This places Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.78. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's value of 0.43 is 44.9% below this benchmark. Historically, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's own Debt-to-Equity has ranged from 0.22 to 13.92 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.78, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio 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 684 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. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Debt-to-Equity of 0.43 is 44.9% 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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio 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. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Debt-to-Equity is 0.43, which is 14% below median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio stock overvalued right now?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) has a current Debt-to-Equity of 0.43. The current Debt-to-Equity is 0.43, which is 14% below median its 10-year median of 0.50 and 44.9% below the REITs industry median of 0.78. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's overall GF Score™ is 10/100 with 2 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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11), the current Debt-to-Equity is 0.43 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.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Business Description

Industry Real EstateREITs
Address Avenida Brigadeiro Faria Lima 3600, 11th Floor, cjto 112 (parte), Sao Paulo, SP, BRA, 4538132
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio is a closed-end fund. The fund's objective is to provide its shareholders with appreciation and profitability of their shares in the long term, aiming to obtain capital gains through the investment of its assets.
10GF Score

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R$3.26
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