Tritax Big Box REIT (LSE:BBOX) Debt-to-Equity : 0.44 (As of Jun. 2024)

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What is Tritax Big Box REIT Debt-to-Equity?

Tritax Big Box REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.0 Mil. Tritax Big Box REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £1,935.6 Mil. Tritax Big Box REIT's Total Stockholders Equity for the quarter that ended in Jun. 2024 was £4,399.7 Mil. Tritax Big Box REIT's debt to equity for the quarter that ended in Jun. 2024 was 0.44.

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

LSE:BBOX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.44 Max: 0.49
Current: 0.44

During the past 10 years, the highest Debt-to-Equity Ratio of Tritax Big Box REIT was 0.49. The lowest was 0.33. And the median was 0.44.

LSE:BBOX's Debt-to-Equity is ranked better than
77.31% of 714 companies
in the REITs industry
Industry Median: 0.78 vs LSE:BBOX: 0.44

Tritax Big Box REIT Debt-to-Equity Historical Data

The historical data trend for Tritax Big Box 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.

* Premium members only.

Tritax Big Box REIT Debt-to-Equity Chart

Tritax Big Box REIT Annual Data

Trend

Feb13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.45

0.46

0.33

0.48

Tritax Big Box REIT Semi-Annual Data
	Feb13	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.33	0.48	0.46	0.48	0.44

Competitive Comparison of Tritax Big Box REIT's Debt-to-Equity

For the REIT - Industrial subindustry, Tritax Big Box 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.

Tritax Big Box REIT's Debt-to-Equity Distribution in the REITs Industry

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

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

Tritax Big Box REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tritax Big Box REIT's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0	+	1615.2)	/	3334
	=	0.48

Tritax Big Box REIT's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0	+	1935.6)	/	4399.7
	=	0.44

Tritax Big Box REIT (LSE:BBOX) 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.

Tritax Big Box REIT Debt-to-Equity Related Terms

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

Tritax Big Box REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tritax Big Box REIT PLC (LSE:BBOX) » Definitions » Debt-to-Equity

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BBOXl:UK

Address

6 Duke Street, 3rd Floor, St. James's, London, GBR, SW1Y 6BN

Website

https://www.tritaxbigbox.co.uk

Tritax Big Box REIT PLC is a UK based real estate investment trust. With the focus on the acquisition and management of large-scale logistics real estate Tritax operates in the Investment Property segment. It owns and operates big boxes stores which also serves as the breakdown point for bulk palleted deliveries and are often port-centric in their location focus. The customers it caters operate in the business of retail, logistics, consumer products and automotive.

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