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PGRE (Paramount Group) Debt-to-Equity : 1.16 (As of Sep. 2024)


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What is Paramount Group Debt-to-Equity?

Paramount Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.0 Mil. Paramount Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3,674.4 Mil. Paramount Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $3,173.9 Mil. Paramount Group's debt to equity for the quarter that ended in Sep. 2024 was 1.16.

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 Paramount Group's Debt-to-Equity or its related term are showing as below:

PGRE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.74   Med: 0.98   Max: 1.19
Current: 1.16

During the past 13 years, the highest Debt-to-Equity Ratio of Paramount Group was 1.19. The lowest was 0.74. And the median was 0.98.

PGRE's Debt-to-Equity is ranked worse than
75.8% of 715 companies
in the REITs industry
Industry Median: 0.78 vs PGRE: 1.16

Paramount Group Debt-to-Equity Historical Data

The historical data trend for Paramount Group'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.

Paramount Group Debt-to-Equity Chart

Paramount Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 1.04 1.07 1.07 1.19

Paramount Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.11 1.19 1.15 1.15 1.16

Competitive Comparison of Paramount Group's Debt-to-Equity

For the REIT - Office subindustry, Paramount Group'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.


Paramount Group's Debt-to-Equity Distribution in the REITs Industry

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

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



Paramount Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Paramount Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Paramount Group's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Paramount Group  (NYSE:PGRE) 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.


Paramount Group Debt-to-Equity Related Terms

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


Paramount Group Business Description

Traded in Other Exchanges
Address
1633 Broadway, Suite 1801, New York, NY, USA, 10019
Paramount Group Inc is a real estate investment trust engaged in owning, operating, managing, acquiring, and redeveloping high-quality, Class A office properties in select central business district (CBD) submarkets of New York City and San Francisco. The company operates in two geographical segments New York and San Francisco. Paramount Group derives nearly all of its revenue in the form of rental income from leasing its offices to tenants.
Executives
Albert P. Behler director, officer: Chairman, CEO and President PARAMOUNT GROUP, INC., 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Gage R. Johnson officer: SVP, GC and Secretary PARAMOUNT GROUP, INC., 1633 BROADWAY, NEW YORK NY 10018
Thomas Armbrust director WERNER OTTO STRASSE 1-7, D-22179 HAMBURG 2M D-22179
Martin Bussmann director C/O PARAMOUNT GROUP, INC., 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Paula Sutter director 969 BROADWAY, SUITE 200, OAKLAND CA 94607
Hitoshi Saito director PARAMOUNT GROUP, INC., 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Ermelinda Berberi officer: See Remarks 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019
Gregory S Wright director FOUR EMBARCADERO CENTER, SUITE 3200, SAN FRANCISCO CA 94111
Katharina Otto-bernstein director, 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Alexander Otto 10 percent owner C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Maren Otto 10 percent owner WERNER-OTTO-STR. 1-7, HAMBURG 2M D-22179
Dyer Colin director JONES LANG LASALLE INCORPORATED, 200 EAST RANDOLPH DRIVE, CHICAGO IL 60601
David Zobel officer: See Remarks 144 E. 84TH STREET #6D, NEW YORK NY 10028
Mark R Patterson director 40 MINNISINK ROAD, SHORT HILLS NJ 07078
Brindley Peter R.c. officer: EVP, Leasing 1633 BROADWAY, SUITE 1801, NEW YORK NY 10019