Sunlight Real Estate Investment Trust (HKSE:00435) Debt-to-Equity : 0.36 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Sunlight Real Estate Investment Trust Debt-to-Equity?

Sunlight Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.0 Mil. Sunlight Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4,873.0 Mil. Sunlight Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$13,544.6 Mil. Sunlight Real Estate Investment Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.36.

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 Sunlight Real Estate Investment Trust's Debt-to-Equity or its related term are showing as below:

HKSE:00435' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.29 Max: 0.36
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Sunlight Real Estate Investment Trust was 0.36. The lowest was 0.27. And the median was 0.29.

HKSE:00435's Debt-to-Equity is ranked better than
85.42% of 672 companies
in the REITs industry
Industry Median: 0.78 vs HKSE:00435: 0.36

Sunlight Real Estate Investment Trust Debt-to-Equity Historical Data

The historical data trend for Sunlight Real Estate Investment Trust'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.

* Premium members only.

Sunlight Real Estate Investment Trust Debt-to-Equity Chart

Sunlight Real Estate Investment Trust Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.27

0.29

0.31

0.36

Sunlight Real Estate Investment Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.31	0.31	0.32	0.36	0.36

Competitive Comparison of Sunlight Real Estate Investment Trust's Debt-to-Equity

For the REIT - Diversified subindustry, Sunlight Real Estate Investment Trust'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.

Sunlight Real Estate Investment Trust's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Sunlight Real Estate Investment Trust's Debt-to-Equity falls into.

Sunlight Real Estate Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunlight Real Estate Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(707	+	4164.229)	/	13669.204
	=	0.36

Sunlight Real Estate Investment Trust's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	4873.03)	/	13544.552
	=	0.36

Sunlight Real Estate Investment Trust (HKSE:00435) 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.

Sunlight Real Estate Investment Trust Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Sunlight Real Estate Investment Trust's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Sunlight Real Estate Investment Trust (HKSE:00435) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sunlight Real Estate Investment Trust (HKSE:00435) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

Q9R:Germany

Address

248 Queen’s Road East, 30th Floor, Dah Sing Financial Centre, Wan Chai, Hong Kong, HKG

Website

http://www.sunlightreit.com

Sunlight Real Estate Investment Trust invests in a portfolio of office and retail properties in Hong Kong. The office properties are located in core business areas, including the Central, Wan Chai, and Sheung Wan districts. Properties are also located in decentralized business areas of the city, including North Point, Mong Kok, and Yau Ma Tei. The major office properties include Sunlight Tower, Strand 50, Righteous Centre, and Winsome House Property. The retail properties are located in regional transportation hubs, towns, and urban areas, including Sheung Shui Centre Shopping Arcade, Metro City, and Kwong Wash Plaza. Henderson Sunlight Asset Management is the manager of Sunlight REIT.

Sunlight Real Estate Investment Trust (HKSE:00435) Headlines

No Headlines