Dipulaome Fund (JSE:DIB) Debt-to-Equity : 0.63 (As of Feb. 2024)

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What is Dipulaome Fund Debt-to-Equity?

Dipulaome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R16 Mil. Dipulaome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R3,802 Mil. Dipulaome Fund's Total Stockholders Equity for the quarter that ended in Feb. 2024 was R6,019 Mil. Dipulaome Fund's debt to equity for the quarter that ended in Feb. 2024 was 0.63.

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 Dipulaome Fund's Debt-to-Equity or its related term are showing as below:

JSE:DIB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.66 Max: 5.11
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Dipulaome Fund was 5.11. The lowest was 0.57. And the median was 0.66.

JSE:DIB's Debt-to-Equity is ranked better than
63.24% of 672 companies
in the REITs industry
Industry Median: 0.785 vs JSE:DIB: 0.63

Dipulaome Fund Debt-to-Equity Historical Data

The historical data trend for Dipulaome Fund'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.

Dipulaome Fund Debt-to-Equity Chart

Dipulaome Fund Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.68

0.70

0.65

0.61

Dipulaome Fund Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.65	0.61	0.65	0.61	0.63

Competitive Comparison of Dipulaome Fund's Debt-to-Equity

For the REIT - Retail subindustry, Dipulaome Fund'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.

Dipulaome Fund's Debt-to-Equity Distribution in the REITs Industry

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

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

Dipulaome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dipulaome Fund's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(1429.471	+	2241.255)	/	6050.615
	=	0.61

Dipulaome Fund's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(16.015	+	3801.581)	/	6018.717
	=	0.63

Dipulaome Fund (JSE:DIB) 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.

Dipulaome Fund Debt-to-Equity Related Terms

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

Dipulaome Fund (JSE:DIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dipula Income Fund Ltd (JSE:DIB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Baker Street, 12th Floor, Firestation Rosebank, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.dipula.co.za

Dipula Income Fund Ltd is a South Africa-based real estate investment trust. It owns a diversified portfolio of investments in different sectors in all nine provinces of South Africa. Its segments include Retail, Offices, Industrial, Land, Residential, and Corporate. A substantial part of the company's overall revenue is derived from its Retail segment. The majority of its properties are in Gauteng.

Dipulaome Fund (JSE:DIB) Headlines

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