Safestore Holdings (LSE:SAFE) Debt-to-Equity : 0.43 (As of Oct. 2023)

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What is Safestore Holdings Debt-to-Equity?

Safestore Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £57.6 Mil. Safestore Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £769.6 Mil. Safestore Holdings's Total Stockholders Equity for the quarter that ended in Oct. 2023 was £1,935.1 Mil. Safestore Holdings's debt to equity for the quarter that ended in Oct. 2023 was 0.43.

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 Safestore Holdings's Debt-to-Equity or its related term are showing as below:

LSE:SAFE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.54 Max: 0.77
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Safestore Holdings was 0.77. The lowest was 0.40. And the median was 0.54.

LSE:SAFE's Debt-to-Equity is ranked better than
79.91% of 672 companies
in the REITs industry
Industry Median: 0.78 vs LSE:SAFE: 0.43

Safestore Holdings Debt-to-Equity Historical Data

The historical data trend for Safestore Holdings'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.

Safestore Holdings Debt-to-Equity Chart

Safestore Holdings Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.54

0.51

0.41

0.40

0.43

Safestore Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															0.41	0.44	0.40	0.43	0.43

Competitive Comparison of Safestore Holdings's Debt-to-Equity

For the REIT - Industrial subindustry, Safestore Holdings'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.

Safestore Holdings's Debt-to-Equity Distribution in the REITs Industry

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

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

Safestore Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Safestore Holdings's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(57.6	+	769.6)	/	1935.1
	=	0.43

Safestore Holdings's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(57.6	+	769.6)	/	1935.1
	=	0.43

Safestore Holdings (LSE:SAFE) 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.

Safestore Holdings Debt-to-Equity Related Terms

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

Safestore Holdings (LSE:SAFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Safestore Holdings PLC (LSE:SAFE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SFSHF:USA SAFEl:UK IHF:Germany

Address

Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT

Website

https://www.safestore.co.uk

Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.