GLPJF (GLP J-REIT) Debt-to-Equity: 0.88 (As of Feb. 2026) — Near Median

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GLPJF GLP J-REIT GLPJF
77 GF Score
Price $824.70
GF Value $847.11
! 6 Warning Signs
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What is GLP J-REIT Debt-to-Equity?

GLP J-REIT GLPJF -5.09% 77 Debt-to-Equity is 0.88 as of Feb. 2026, which is 2% above its 10-year median of 0.86. GuruFocus rates GLPJF with a GF Score™ of 77/100 and a GF Value™ of $847.11. The stock has 6 warning signs investors should review. Among 689 REITs companies, GLP J-REIT ranks worse than 60.38% on this metric.

GLP J-REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $389.9 Mil. GLP J-REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $2,166.9 Mil. GLP J-REIT's Total Stockholders Equity for the quarter that ended in Feb. 2026 was $2,897.5 Mil. GLP J-REIT's debt to equity for the quarter that ended in Feb. 2026 was 0.88.

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 GLP J-REIT's Debt-to-Equity or its related term are showing as below:

GLPJF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.83   Med: 0.86   Max: 1.01
Current: 0.88

During the past 13 years, the highest Debt-to-Equity Ratio of GLP J-REIT was 1.01. The lowest was 0.83. And the median was 0.86.

GLPJF's Debt-to-Equity is ranked worse than
60.38% of 689 companies
in the REITs industry
Industry Median: 0.78 vs GLPJF: 0.88

GLP J-REIT  (OTCPK:GLPJF) 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.


GLP J-REIT Debt-to-Equity Related Terms


GLP J-REIT Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for GLP J-REIT'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.

GLP J-REIT Debt-to-Equity Chart

GLP J-REIT Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.84 0.84 0.85 0.88

GLP J-REIT Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.85 0.85 0.88 0.88 0.88

GLPJF vs PLD, PSA, EXR: Debt-to-Equity Comparison

For the REIT - Industrial subindustry, GLP J-REIT'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.


GLP J-REIT Debt-to-Equity vs REITs Industry

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

* The bar in red indicates where GLP J-REIT's Debt-to-Equity falls into.


GLPJF
77GF Score
GLP J-REIT GLPJF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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GLP J-REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GLP J-REIT's Debt to Equity Ratio for the fiscal year that ended in Aug. 2025 is calculated as

GLP J-REIT's Debt to Equity Ratio for the quarter that ended in Feb. 2026 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 0.88 mean?
GLP J-REIT (GLPJF) has a Debt-to-Equity of 0.88 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on GLP J-REIT and its competitors. This is near median its historical median of 0.86. Over the past decade, GLP J-REIT's Debt-to-Equity has ranged from 0.83 to 1.01. According to the industry distribution chart, GLP J-REIT ranks #416 out of 689 companies in the REITs industry, placing it in the top 60.4%.
Is GLP J-REIT's Debt-to-Equity too high?
GLP J-REIT's current Debt-to-Equity of 0.88 is near median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.01. The REITs industry median Debt-to-Equity is 0.78. GLP J-REIT's value of 0.88 is 12.8% above this industry median. Based on the distribution chart, GLP J-REIT ranks #416 out of 689 companies in the REITs industry, which is below the industry midpoint. Overall, GLP J-REIT has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does GLP J-REIT's Debt-to-Equity compare to PLD and PSA?
According to the REITs industry distribution chart, GLP J-REIT ranks #416 out of 689 companies for Debt-to-Equity. This places GLP J-REIT in the lower half of its industry. The industry median Debt-to-Equity is 0.78. GLP J-REIT's value of 0.88 is 12.8% above this benchmark. Historically, GLP J-REIT's own Debt-to-Equity has ranged from 0.83 to 1.01 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.78, GLP J-REIT 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 689 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. GLP J-REIT's current Debt-to-Equity of 0.88 is 12.8% 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 GLP J-REIT 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. GLP J-REIT's current Debt-to-Equity is 0.88, which is near median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLP J-REIT stock overvalued right now?
GLP J-REIT (GLPJF) has a current Debt-to-Equity of 0.88. The stock's GF Value™ is $847.11, compared to a current price of $824.70 — trading 2.6% below its estimated fair value. The current Debt-to-Equity is 0.88, which is near median its 10-year median of 0.86 and 12.8% above the REITs industry median of 0.78. GLP J-REIT's overall GF Score™ is 77/100 with 6 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 GLP J-REIT (GLPJF), the current Debt-to-Equity is 0.88 as of Feb. 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 GLP J-REIT (GLPJF) Overvalued in 2026?

Based on GuruFocus' analysis, GLP J-REIT stock appears to be undervalued. The current stock price of $824.70 is trading 2.6% below its estimated GF Value™ of $847.11.

Key valuation signals for GLPJF:

  • Debt-to-Equity: 0.88 (near median its 10-year median of 0.86)
  • GF Value™: $847.11 vs. price of $824.70 (2.6% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 12.8% above the REITs median (#416 of 689)

No single metric tells the full story. See the GLPJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GLP J-REIT Business Description

Industry Real EstateREITs
Other Exchanges 3281:Japan
Address Tokyo Midtown Yaesu, 16F, Yaesu Central Tower, 2-2-1 Yaesu, Chuo-ku, Tokyo, JPN
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.
77GF Score

Get the complete analysis for GLPJF

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

$824.70
Price
$847.11
GF Value