Fortune Real Estate Investment Trust (HKSE:00778) Debt-to-Equity : 0.36 (As of Dec. 2024)

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

Fortune Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$3,296 Mil. Fortune Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$6,516 Mil. Fortune Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$26,931 Mil. Fortune Real Estate Investment Trust's debt to equity for the quarter that ended in Dec. 2024 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 Fortune Real Estate Investment Trust's Debt-to-Equity or its related term are showing as below:

HKSE:00778' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.34 Max: 0.46
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Fortune Real Estate Investment Trust was 0.46. The lowest was 0.26. And the median was 0.34.

HKSE:00778's Debt-to-Equity is ranked better than
85.13% of 713 companies
in the REITs industry
Industry Median: 0.79 vs HKSE:00778: 0.36

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

The historical data trend for Fortune 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.

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Fortune Real Estate Investment Trust Debt-to-Equity Chart

Fortune Real Estate Investment Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.31

0.30

0.33

0.34

0.36

Fortune Real Estate Investment Trust Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.33	0.33	0.34	0.35	0.36

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

For the REIT - Retail subindustry, Fortune 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.

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

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

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

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Fortune Real Estate Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fortune Real Estate Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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
	=	(3295.941	+	6516.104)	/	26930.753
	=	0.36

Fortune Real Estate Investment Trust's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(3295.941	+	6516.104)	/	26930.753
	=	0.36

Fortune Real Estate Investment Trust (HKSE:00778) 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.

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

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Fortune Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fortune Real Estate Investment Trust (HKSE:00778) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

5 Temasek Boulevard, No. 12-01, Suntec Tower 5, Singapore, SGP, 038985

Website

https://www.fortunereit.com

Fortune Real Estate Investment Trust is a real estate company that invests in retail shopping malls located in Hong Kong and Singapore with the primary objective of producing stable distributions for unitholders and achieving long-term growth in the net asset value per unit. The trust generates the majority of its revenue from rents and leases, with the remaining revenue from utility charges, management fees, car park revenue, license fees, and other sources. Fortune REIT's tenants include supermarkets, banking, and real estate services companies, restaurants, convenience stores, and general retailers.

Executives

Ck Asset Holdings Limited
Li Ka-shing

Fortune Real Estate Investment Trust Headlines

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