KDXRF (KDX Realty Investment) Debt-to-Equity: 0.92 (As of Apr. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KDXRF KDX Realty Investment Corp KDXRF
71 GF Score
Price $2,342.50
GF Value $2,604.38
! 4 Warning Signs
View Full Analysis

What is KDX Realty Investment Debt-to-Equity?

KDX Realty Investment KDXRF 71 Debt-to-Equity is 0.92 as of Apr. 2026, which is 7% above its 10-year median of 0.86. GuruFocus rates KDXRF with a GF Score™ of 71/100 and a GF Value™ of $2,604.38. The stock has 4 warning signs investors should review. Among 690 REITs companies, KDX Realty Investment ranks worse than 62.75% on this metric.

KDX Realty Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $830.0 Mil. KDX Realty Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $2,843.0 Mil. KDX Realty Investment's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $3,986.1 Mil. KDX Realty Investment's debt to equity for the quarter that ended in Apr. 2026 was 0.92.

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 KDX Realty Investment's Debt-to-Equity or its related term are showing as below:

KDXRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.79   Med: 0.86   Max: 0.94
Current: 0.92

During the past 13 years, the highest Debt-to-Equity Ratio of KDX Realty Investment was 0.94. The lowest was 0.79. And the median was 0.86.

KDXRF's Debt-to-Equity is ranked worse than
62.75% of 690 companies
in the REITs industry
Industry Median: 0.78 vs KDXRF: 0.92

KDX Realty Investment  (OTCPK:KDXRF) 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.


KDX Realty Investment Debt-to-Equity Related Terms


KDX Realty Investment Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for KDX Realty Investment'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.

KDX Realty Investment Debt-to-Equity Chart

KDX Realty Investment Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.94 0.93 0.86 0.89

KDX Realty Investment Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.86 0.86 0.88 0.89 0.92

KDXRF vs VICI, WPC: Debt-to-Equity Comparison

For the REIT - Diversified subindustry, KDX Realty Investment'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.


KDX Realty Investment Debt-to-Equity vs REITs Industry

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

* The bar in red indicates where KDX Realty Investment's Debt-to-Equity falls into.


KDXRF
71GF Score
KDX Realty Investment Corp KDXRF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KDX Realty Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KDX Realty Investment's Debt to Equity Ratio for the fiscal year that ended in Oct. 2025 is calculated as

KDX Realty Investment's Debt to Equity Ratio for the quarter that ended in Apr. 2026 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 0.92 mean?
KDX Realty Investment (KDXRF) has a Debt-to-Equity of 0.92 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on KDX Realty Investment and its competitors. This is near median its historical median of 0.86. Over the past decade, KDX Realty Investment's Debt-to-Equity has ranged from 0.79 to 0.94. According to the industry distribution chart, KDX Realty Investment ranks #433 out of 690 companies in the REITs industry, placing it in the top 62.8%.
Is KDX Realty Investment's Debt-to-Equity too high?
KDX Realty Investment's current Debt-to-Equity of 0.92 is near median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 0.94. The REITs industry median Debt-to-Equity is 0.78. KDX Realty Investment's value of 0.92 is 17.9% above this industry median. Based on the distribution chart, KDX Realty Investment ranks #433 out of 690 companies in the REITs industry, which is below the industry midpoint. Overall, KDX Realty Investment has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does KDX Realty Investment's Debt-to-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, KDX Realty Investment ranks #433 out of 690 companies for Debt-to-Equity. This places KDX Realty Investment in the lower half of its industry. The industry median Debt-to-Equity is 0.78. KDX Realty Investment's value of 0.92 is 17.9% above this benchmark. Historically, KDX Realty Investment's own Debt-to-Equity has ranged from 0.79 to 0.94 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.78, KDX Realty Investment has consistently been above 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 690 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. KDX Realty Investment's current Debt-to-Equity of 0.92 is 17.9% above 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 KDX Realty Investment 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. KDX Realty Investment's current Debt-to-Equity is 0.92, which is near median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDX Realty Investment stock overvalued right now?
KDX Realty Investment (KDXRF) has a current Debt-to-Equity of 0.92. The stock's GF Value™ is $2,604.38, compared to a current price of $2,342.50 — trading 10.1% below its estimated fair value. The current Debt-to-Equity is 0.92, which is near median its 10-year median of 0.86 and 17.9% above the REITs industry median of 0.78. KDX Realty Investment's overall GF Score™ is 71/100 with 4 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 KDX Realty Investment (KDXRF), the current Debt-to-Equity is 0.92 as of Apr. 2026. 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 KDX Realty Investment (KDXRF) Overvalued in 2026?

Based on GuruFocus' analysis, KDX Realty Investment stock appears to be undervalued. The current stock price of $2,342.50 is trading 10.1% below its estimated GF Value™ of $2,604.38.

Key valuation signals for KDXRF:

  • Debt-to-Equity: 0.92 (near median its 10-year median of 0.86)
  • GF Value™: $2,604.38 vs. price of $2,342.50 (10.1% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 17.9% above the REITs median (#433 of 690)

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


KDX Realty Investment Business Description

Industry Real EstateREITs
Other Exchanges 8972:Japan
Address 2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 105-0004
KDX Realty Investment Corp is a Japan-based real estate investment trust. It is engaged in the business of investing in office and residential buildings. The company has around 100 properties, which include Mid-sized Office Buildings and other office buildings, central urban properties, residential properties, and others. The company owns properties in 5 Central wards of Tokyo, Tokyo Metropolitan area, and other regional areas.
71GF Score

Get the complete analysis for KDXRF

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

$2,342.50
Price
$2,604.38
GF Value