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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.
The historical rank and industry rank for Ichigo Office REIT Investment's Debt-to-Equity or its related term are showing as below:
FCRQF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.95 Med: 1.08 Max: 1.23
Current: 1.23
During the past 13 years, the highest Debt-to-Equity Ratio of Ichigo Office REIT Investment was 1.23. The lowest was 0.95. And the median was 1.08.
FCRQF's Debt-to-Equity is ranked worse than 76.93% of 685
companies
in the REITs industry
Industry Median: 0.78
vs FCRQF: 1.23
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.
Ichigo Office REIT Investment Debt-to-Equity Related Terms
Ichigo Office REIT Investment 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.
For the REIT - Office subindustry, Ichigo Office REIT Investment'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.
Ichigo Office REIT Investment Debt-to-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Ichigo Office REIT Investment's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ichigo Office REIT Investment's Debt-to-Equity falls into.
* 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.
Ichigo Office REIT Investment (FCRQF) has a Debt-to-Equity of 1.23 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ichigo Office REIT Investment and its competitors. This is 14% above median its historical median of 1.08. Over the past decade, Ichigo Office REIT Investment's Debt-to-Equity has ranged from 0.95 to 1.23. According to the industry distribution chart, Ichigo Office REIT Investment ranks #527 out of 685 companies in the REITs industry, placing it in the top 76.9%.
Is Ichigo Office REIT Investment's Debt-to-Equity too high?
Ichigo Office REIT Investment's current Debt-to-Equity of 1.23 is 14% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.23. The REITs industry median Debt-to-Equity is 0.78. Ichigo Office REIT Investment's value of 1.23 is 57.7% above this industry median. Based on the distribution chart, Ichigo Office REIT Investment ranks #527 out of 685 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ichigo Office REIT Investment has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Ichigo Office REIT Investment's Debt-to-Equity compare to BXP and ARE?
According to the REITs industry distribution chart, Ichigo Office REIT Investment ranks #527 out of 685 companies for Debt-to-Equity. This places Ichigo Office REIT Investment in the lower half of its industry. The industry median Debt-to-Equity is 0.78. Ichigo Office REIT Investment's value of 1.23 is 57.7% above this benchmark. Historically, Ichigo Office REIT Investment's own Debt-to-Equity has ranged from 0.95 to 1.23 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.78, Ichigo Office REIT Investment has consistently been above 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 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. Ichigo Office REIT Investment's current Debt-to-Equity of 1.23 is 57.7% above 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 Ichigo Office REIT Investment 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. Ichigo Office REIT Investment's current Debt-to-Equity is 1.23, which is 14% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Office REIT Investment stock overvalued right now?
Ichigo Office REIT Investment (FCRQF) has a current Debt-to-Equity of 1.23. The stock's GF Value™ is $547.59, compared to a current price of $585.00 — trading 6.8% above its estimated fair value. The current Debt-to-Equity is 1.23, which is 14% above median its 10-year median of 1.08 and 57.7% above the REITs industry median of 0.78. Ichigo Office REIT Investment's overall GF Score™ is 67/100 with 11 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 Ichigo Office REIT Investment (FCRQF), the current Debt-to-Equity is 1.23 as of Apr. 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 Ichigo Office REIT Investment (FCRQF) Overvalued in 2026?
Based on GuruFocus' analysis, Ichigo Office REIT Investment stock appears to be overvalued.
The current stock price of $585.00 is trading 6.8% above its estimated GF Value™ of $547.59.
Key valuation signals for FCRQF:
Debt-to-Equity: 1.23 (14% above median its 10-year median of 1.08)
GF Value™: $547.59 vs. price of $585.00 (6.8% above fair value)
Industry Position: 57.7% above the REITs median (#527 of 685)
No single metric tells the full story. See the FCRQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.
67GF Score
Get the complete analysis for FCRQF
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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