Triple Point Social Housing REIT (LSE:SOHO) Debt-to-Equity : 0.59 (As of Dec. 2023)

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What is Triple Point Social Housing REIT Debt-to-Equity?

Triple Point Social Housing REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Triple Point Social Housing REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £262.65 Mil. Triple Point Social Housing REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £447.62 Mil. Triple Point Social Housing REIT's debt to equity for the quarter that ended in Dec. 2023 was 0.59.

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 Triple Point Social Housing REIT's Debt-to-Equity or its related term are showing as below:

LSE:SOHO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.52 Max: 0.6
Current: 0.59

During the past 7 years, the highest Debt-to-Equity Ratio of Triple Point Social Housing REIT was 0.60. The lowest was 0.19. And the median was 0.52.

LSE:SOHO's Debt-to-Equity is ranked better than
66.52% of 678 companies
in the REITs industry
Industry Median: 0.785 vs LSE:SOHO: 0.59

Triple Point Social Housing REIT Debt-to-Equity Historical Data

The historical data trend for Triple Point Social Housing 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.

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Triple Point Social Housing REIT Debt-to-Equity Chart

Triple Point Social Housing REIT Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.45

0.46

0.60

0.59

Triple Point Social Housing REIT Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.60	0.58	0.60	0.60	0.59

Competitive Comparison of Triple Point Social Housing REIT's Debt-to-Equity

For the REIT - Residential subindustry, Triple Point Social Housing 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.

Triple Point Social Housing REIT's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Triple Point Social Housing REIT's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Triple Point Social Housing REIT's Debt-to-Equity falls into.

Triple Point Social Housing REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Triple Point Social Housing 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	+	262.647)	/	447.617
	=	0.59

Triple Point Social Housing REIT's Debt to Equity Ratio for the quarter 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	+	262.647)	/	447.617
	=	0.59

Triple Point Social Housing REIT (LSE:SOHO) 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.

Triple Point Social Housing REIT Debt-to-Equity Related Terms

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Triple Point Social Housing REIT (LSE:SOHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Triple Point Social Housing REIT PLC (LSE:SOHO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SOHOl:UK

Address

1 King William Street, London, GBR, EC4N 7AF

Website

https://www.triplepointreit.com

Triple Point Social Housing REIT PLC is an investment company, which invests in UK social housing assets, in particular homes in the Supported Housing sector which have been adapted to provide care and support to vulnerable tenants. It has invested in a diverse range of investment sectors, including property, central and local government, NHS Hospital Trusts and infrastructure including lease and asset finance, and small and medium-sized businesses.