LKREF (Link Real Estate Investment Trust) Debt-to-Equity: 0.38 (As of Mar. 2026) — 41% Above Median


LKREF Link Real Estate Investment Trust LKREF
67 GF Score
Price $4.70
GF Value $4.67
Valuation Fairly Valued
! 6 Warning Signs
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What is Link Real Estate Investment Trust Debt-to-Equity?

Link Real Estate Investment Trust LKREF 67 Debt-to-Equity is 0.38 as of Mar. 2026, which is 41% above its 10-year median of 0.27. GuruFocus rates LKREF with a GF Score™ of 67/100 and a GF Value™ of $4.67 (Fairly Valued). The stock has 6 warning signs investors should review. Among 693 REITs companies, Link Real Estate Investment Trust ranks better than 83.12% on this metric.

Link Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,503 Mil. Link Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $5,690 Mil. Link Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $19,177 Mil. Link Real Estate Investment Trust's debt to equity for the quarter that ended in Mar. 2026 was 0.38.

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 Link Real Estate Investment Trust's Debt-to-Equity or its related term are showing as below:

LKREF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.27   Max: 0.38
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Link Real Estate Investment Trust was 0.38. The lowest was 0.13. And the median was 0.27.

LKREF's Debt-to-Equity is ranked better than
83.12% of 693 companies
in the REITs industry
Industry Median: 0.78 vs LKREF: 0.38

Link Real Estate Investment Trust  (OTCPK:LKREF) 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.


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


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

* Premium members only.

The historical data trend for Link 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.

Link Real Estate Investment Trust Debt-to-Equity Chart

Link Real Estate Investment Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.34 0.33 0.32 0.38

Link Real Estate Investment Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.33 0.32 0.32 0.34 0.38

LKREF vs SPG, O, KIM: Debt-to-Equity Comparison

For the REIT - Retail subindustry, Link 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.


Link Real Estate Investment Trust Debt-to-Equity vs REITs Industry

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

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


LKREF
67GF Score
Link Real Estate Investment Trust LKREF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Link Real Estate Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Link Real Estate Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Link Real Estate Investment Trust's Debt to Equity Ratio for the quarter that ended in Mar. 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 0.38 mean?
Link Real Estate Investment Trust (LKREF) has a Debt-to-Equity of 0.38 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Link Real Estate Investment Trust and its competitors. This is 41% above median its historical median of 0.27. Over the past decade, Link Real Estate Investment Trust's Debt-to-Equity has ranged from 0.13 to 0.38. According to the industry distribution chart, Link Real Estate Investment Trust ranks #117 out of 693 companies in the REITs industry, placing it in the top 16.9%.
Is Link Real Estate Investment Trust's Debt-to-Equity too high?
Link Real Estate Investment Trust's current Debt-to-Equity of 0.38 is 41% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.38. The REITs industry median Debt-to-Equity is 0.78. Link Real Estate Investment Trust's value of 0.38 is 51.3% below this industry median. Based on the distribution chart, Link Real Estate Investment Trust ranks #117 out of 693 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Link Real Estate Investment Trust has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Link Real Estate Investment Trust's Debt-to-Equity compare to SPG and O?
According to the REITs industry distribution chart, Link Real Estate Investment Trust ranks #117 out of 693 companies for Debt-to-Equity. This places Link Real Estate Investment Trust in the top 17% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.78. Link Real Estate Investment Trust's value of 0.38 is 51.3% below this benchmark. Historically, Link Real Estate Investment Trust's own Debt-to-Equity has ranged from 0.13 to 0.38 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.78, Link Real Estate Investment Trust 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 693 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. Link Real Estate Investment Trust's current Debt-to-Equity of 0.38 is 51.3% 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 Link Real Estate Investment Trust 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. Link Real Estate Investment Trust's current Debt-to-Equity is 0.38, which is 41% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Link Real Estate Investment Trust (LKREF) is currently considered Fairly Valued. The stock's GF Value™ is $4.67, compared to a current price of $4.70 — trading 0.6% above its estimated fair value. The current Debt-to-Equity is 0.38, which is 41% above median its 10-year median of 0.27 and 51.3% below the REITs industry median of 0.78. Link Real Estate Investment Trust's overall GF Score™ is 67/100 with 6 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 Link Real Estate Investment Trust (LKREF), the current Debt-to-Equity is 0.38 as of Mar. 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 Link Real Estate Investment Trust (LKREF) Overvalued in 2026?

Based on GuruFocus' analysis, Link Real Estate Investment Trust stock appears to be overvalued. The current stock price of $4.70 is trading 0.6% above its estimated GF Value™ of $4.67. GuruFocus considers Link Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for LKREF:

  • Debt-to-Equity: 0.38 (41% above median its 10-year median of 0.27)
  • GF Value™: $4.67 vs. price of $4.70 (0.6% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 51.3% below the REITs median (#117 of 693)

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


Link Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges 00823:Hong KongL5R:Germany
Address 77 Hoi Bun Road, 20th Floor, Tower 1, The Quayside, Kowloon, Kwun Tong, Hong Kong, HKG
Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and around 57,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions, and has since acquired retail, office, and logistics properties in China, as well as an office development project in Hong Kong. Link also expanded its footprint to Sydney, Melbourne, London, and Singapore.
67GF Score

Get the complete analysis for LKREF

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

$4.70
Price
$4.67
GF Value