New Frontier Properties (JSE:NFP) Debt-to-Equity : -2.82 (As of May. 2020)

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What is New Frontier Properties Debt-to-Equity?

New Frontier Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2020 was R572.6 Mil. New Frontier Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2020 was R1,774.2 Mil. New Frontier Properties's Total Stockholders Equity for the quarter that ended in May. 2020 was R-833.2 Mil. New Frontier Properties's debt to equity for the quarter that ended in May. 2020 was -2.82.

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 New Frontier Properties's Debt-to-Equity or its related term are showing as below:

JSE:NFP's Debt-to-Equity is not ranked ^*
in the REITs industry.
Industry Median: 0.79
* Ranked among companies with meaningful Debt-to-Equity only.

New Frontier Properties Debt-to-Equity Historical Data

The historical data trend for New Frontier Properties'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.

New Frontier Properties Debt-to-Equity Chart

New Frontier Properties Annual Data

Trend

Dec14

Aug16

Aug17

Aug18

Aug19

Debt-to-Equity

0.92

1.50

1.71

7.57

-3.67

New Frontier Properties Quarterly Data
	May15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Debt-to-Equity	Get a 7-Day Free Trial															-4.69	-3.67	-0.19	-2.87	-2.82

Competitive Comparison of New Frontier Properties's Debt-to-Equity

For the REIT - Retail subindustry, New Frontier Properties'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.

New Frontier Properties's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where New Frontier Properties's Debt-to-Equity falls into.

New Frontier Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

New Frontier Properties's Debt to Equity Ratio for the fiscal year that ended in Aug. 2019 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
	=	(2992.191	+	0)	/	-814.961
	=	-3.67

New Frontier Properties's Debt to Equity Ratio for the quarter that ended in May. 2020 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
	=	(572.58	+	1774.194)	/	-833.172
	=	-2.82

New Frontier Properties (JSE:NFP) 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.

New Frontier Properties Debt-to-Equity Related Terms

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New Frontier Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New Frontier Properties Ltd (JSE:NFP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

B45 Twenty Foot Road, 5th Floor, La Croisette, Grand Baie, MUS

Website

http://newfrontierprop.com

New Frontier Properties Ltd operates as a UK real estate investment trust. The company's primary objective is to acquire and develop good quality, income-generating retail and logistics property in the UK and Europe. Its investment portfolio comprises UK shopping centers, Cleveland Centre in Middlesbrough, Coopers Square in Burton upon Trent, and Houndshill Shopping Centre in Blackpool.

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