Picton Propertyome (LSE:PCTN) Debt-to-Equity : 0.44 (As of Mar. 2024)

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What is Picton Propertyome Debt-to-Equity?

Picton Propertyome's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £0.00 Mil. Picton Propertyome's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £228.82 Mil. Picton Propertyome's Total Stockholders Equity for the quarter that ended in Mar. 2024 was £524.48 Mil. Picton Propertyome's debt to equity for the quarter that ended in Mar. 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 Picton Propertyome's Debt-to-Equity or its related term are showing as below:

LSE:PCTN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.42 Max: 0.56
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Picton Propertyome was 0.56. The lowest was 0.31. And the median was 0.42.

LSE:PCTN's Debt-to-Equity is ranked better than
79.02% of 672 companies
in the REITs industry
Industry Median: 0.78 vs LSE:PCTN: 0.44

Picton Propertyome Debt-to-Equity Historical Data

The historical data trend for Picton Propertyome'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.

Picton Propertyome Debt-to-Equity Chart

Picton Propertyome Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.33

0.31

0.33

0.41

0.44

Picton Propertyome Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.33	0.36	0.41	0.42	0.44

Competitive Comparison of Picton Propertyome's Debt-to-Equity

For the REIT - Diversified subindustry, Picton Propertyome'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.

Picton Propertyome's Debt-to-Equity Distribution in the REITs Industry

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

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

Picton Propertyome Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Picton Propertyome's Debt to Equity Ratio for the fiscal year that ended in Mar. 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	+	228.819)	/	524.475
	=	0.44

Picton Propertyome's Debt to Equity Ratio for the quarter that ended in Mar. 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	+	228.819)	/	524.475
	=	0.44

Picton Propertyome (LSE:PCTN) 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.

Picton Propertyome Debt-to-Equity Related Terms

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

Picton Propertyome (LSE:PCTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Picton Property Income Ltd (LSE:PCTN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1st & 2nd Floors, Elizabeth House, Les Ruettes Brayes, Saint Peter Port, GGY, GY1 1EW

Website

https://www.picton.co.uk

Picton Property Income Ltd is a UK Real Estate Investment Trust which invests in commercial property across the United Kingdom. It owns a property portfolio consisting of assets invested across the main commercial property sectors: Industrial, Office, Retail, and Leisure. The portfolio is invested in the industrial and office sectors and is biased towards London and the South East. Some of the properties include Parkbury Industrial Estate, River Way Industrial Estate, Angel Gate, Stanford House, Tower Wharf, and others.

Picton Propertyome (LSE:PCTN) Headlines

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