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Vastned Belgium (CHIX:VASTBB) Debt-to-Equity : 0.32 (As of Mar. 2024)


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What is Vastned Belgium Debt-to-Equity?

Vastned Belgium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.12 Mil. Vastned Belgium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €74.81 Mil. Vastned Belgium's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €236.16 Mil. Vastned Belgium's debt to equity for the quarter that ended in Mar. 2024 was 0.32.

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 Vastned Belgium's Debt-to-Equity or its related term are showing as below:

CHIX:VASTBb' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32   Med: 0.38   Max: 0.63
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Vastned Belgium was 0.63. The lowest was 0.32. And the median was 0.38.

CHIX:VASTBb's Debt-to-Equity is ranked better than
87.52% of 673 companies
in the REITs industry
Industry Median: 0.78 vs CHIX:VASTBb: 0.32

Vastned Belgium Debt-to-Equity Historical Data

The historical data trend for Vastned Belgium'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.

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Vastned Belgium Debt-to-Equity Chart

Vastned Belgium Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.39 0.40 0.36 0.35

Vastned Belgium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.33 0.38 0.36 0.32

Competitive Comparison of Vastned Belgium's Debt-to-Equity

For the REIT - Retail subindustry, Vastned Belgium'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.


Vastned Belgium's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Vastned Belgium's Debt-to-Equity falls into.



Vastned Belgium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vastned Belgium's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Vastned Belgium's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Vastned Belgium  (CHIX:VASTBb) 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.


Vastned Belgium Debt-to-Equity Related Terms

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Vastned Belgium (CHIX:VASTBB) Business Description

Traded in Other Exchanges
Address
Generaal Lemanstraat 74, Berchem, BEL, 2600
Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.

Vastned Belgium (CHIX:VASTBB) Headlines

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