Resilient REIT (JSE:RES) Debt-to-Equity: 0.54 (As of Dec. 2025) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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JSE:RES Resilient REIT Ltd JSE:RES
75 GF Score
Price R82.20
GF Value R65.26
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Resilient REIT Debt-to-Equity?

Resilient REIT JSE:RES +0.21% 75 Debt-to-Equity is 0.54 as of Dec. 2025, which is 4% below its 10-year median of 0.56. GuruFocus rates JSE:RES with a GF Score™ of 75/100 and a GF Value™ of R65.26 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 683 REITs companies, Resilient REIT ranks better than 69.4% on this metric.

Resilient REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R2,696 Mil. Resilient REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was R11,468 Mil. Resilient REIT's Total Stockholders Equity for the quarter that ended in Dec. 2025 was R26,028 Mil. Resilient REIT's debt to equity for the quarter that ended in Dec. 2025 was 0.54.

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

JSE:RES' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28   Med: 0.56   Max: 0.74
Current: 0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Resilient REIT was 0.74. The lowest was 0.28. And the median was 0.56.

JSE:RES's Debt-to-Equity is ranked better than
69.4% of 683 companies
in the REITs industry
Industry Median: 0.78 vs JSE:RES: 0.54

Resilient REIT  (JSE:RES) 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.


Resilient REIT Debt-to-Equity Related Terms


Resilient REIT Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Resilient 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.

Resilient REIT Debt-to-Equity Chart

Resilient REIT Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.46 0.59 0.55 0.60

Resilient REIT Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.55 0.59 0.60 0.56 0.54

JSE:RES vs SPG, O, KIM: Debt-to-Equity Comparison

For the REIT - Retail subindustry, Resilient 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.


Resilient REIT Debt-to-Equity vs REITs Industry

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

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


JSE:RES
75GF Score
Resilient REIT Ltd JSE:RES
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Resilient REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Resilient REIT's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Resilient REIT's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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 0.54 mean?
Resilient REIT (JSE:RES) has a Debt-to-Equity of 0.54 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Resilient REIT and its competitors. This is near median its historical median of 0.56. Over the past decade, Resilient REIT's Debt-to-Equity has ranged from 0.28 to 0.74. According to the industry distribution chart, Resilient REIT ranks #209 out of 683 companies in the REITs industry, placing it in the top 30.6%.
Is Resilient REIT's Debt-to-Equity too high?
Resilient REIT's current Debt-to-Equity of 0.54 is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.74. The REITs industry median Debt-to-Equity is 0.78. Resilient REIT's value of 0.54 is 30.8% below this industry median. Based on the distribution chart, Resilient REIT ranks #209 out of 683 companies in the REITs industry, which is above the industry midpoint. Overall, Resilient REIT has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resilient REIT's Debt-to-Equity compare to SPG and O?
According to the REITs industry distribution chart, Resilient REIT ranks #209 out of 683 companies for Debt-to-Equity. This puts Resilient REIT in the upper half of its industry. The industry median Debt-to-Equity is 0.78. Resilient REIT's value of 0.54 is 30.8% below this benchmark. Historically, Resilient REIT's own Debt-to-Equity has ranged from 0.28 to 0.74 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.78, Resilient REIT has consistently been below 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 683 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. Resilient REIT's current Debt-to-Equity of 0.54 is 30.8% below 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 Resilient 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. Resilient REIT's current Debt-to-Equity is 0.54, which is near median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resilient REIT stock overvalued right now?
Based on GuruFocus' analysis, Resilient REIT (JSE:RES) is currently considered Modestly Overvalued. The stock's GF Value™ is R65.26, compared to a current price of R82.20 — trading 26% above its estimated fair value. The current Debt-to-Equity is 0.54, which is near median its 10-year median of 0.56 and 30.8% below the REITs industry median of 0.78. Resilient REIT's overall GF Score™ is 75/100 with 9 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 Resilient REIT (JSE:RES), the current Debt-to-Equity is 0.54 as of Dec. 2025. 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 Resilient REIT (JSE:RES) Overvalued in 2026?

Based on GuruFocus' analysis, Resilient REIT stock appears to be overvalued. The current stock price of R82.20 is trading 26% above its estimated GF Value™ of R65.26. GuruFocus considers Resilient REIT to be Modestly Overvalued.

Key valuation signals for JSE:RES:

  • Debt-to-Equity: 0.54 (near median its 10-year median of 0.56)
  • GF Value™: R65.26 vs. price of R82.20 (26% above fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 30.8% below the REITs median (#209 of 683)

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


Resilient REIT Business Description

Industry Real EstateREITs
Address Rivonia Boulevard, 4th Floor, Rivonia Village, Rivonia, Johannesburg, GT, ZAF, 2191
Resilient REIT Ltd is a South Africa-based real estate investment trust. The company's portfolio consists of regional shopping malls tenanted by national retailers. Resilient's properties are mostly located in nonmetropolitan areas, including Limpopo, Gauteng, Mpumalanga, Northern Cape, and KwaZulu-Natal. The company operates through two segments: Corporate and Retail. The company further divides the segments geographically into South Africa, Portugal, and Nigeria with the South Africa segment generating the majority of total revenue. Resilient internally manages its assets, and outsources the property management to third-party companies.
75GF Score

Get the complete analysis for JSE:RES

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

R82.20
Price
R65.26
GF Value