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PGZ (Principal Real Estateome Fund) Debt-to-Equity : 0.40 (As of Oct. 2024)


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What is Principal Real Estateome Fund Debt-to-Equity?

Principal Real Estateome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $0.00 Mil. Principal Real Estateome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $32.00 Mil. Principal Real Estateome Fund's Total Stockholders Equity for the quarter that ended in Oct. 2024 was $79.33 Mil. Principal Real Estateome Fund's debt to equity for the quarter that ended in Oct. 2024 was 0.40.

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 Principal Real Estateome Fund's Debt-to-Equity or its related term are showing as below:

PGZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 0.43   Max: 0.49
Current: 0.4

During the past 8 years, the highest Debt-to-Equity Ratio of Principal Real Estateome Fund was 0.49. The lowest was 0.38. And the median was 0.43.

PGZ's Debt-to-Equity is ranked worse than
66.67% of 972 companies
in the Asset Management industry
Industry Median: 0.19 vs PGZ: 0.40

Principal Real Estateome Fund Debt-to-Equity Historical Data

The historical data trend for Principal Real Estateome Fund'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.

Principal Real Estateome Fund Debt-to-Equity Chart

Principal Real Estateome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Debt-to-Equity
Get a 7-Day Free Trial 0.42 0.41 0.46 0.49 0.40

Principal Real Estateome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 0.46 0.49 0.49 0.43 0.40

Competitive Comparison of Principal Real Estateome Fund's Debt-to-Equity

For the Asset Management subindustry, Principal Real Estateome Fund'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.


Principal Real Estateome Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Principal Real Estateome Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Principal Real Estateome Fund's Debt-to-Equity falls into.


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Principal Real Estateome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Principal Real Estateome Fund's Debt to Equity Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Principal Real Estateome Fund's Debt to Equity Ratio for the quarter that ended in Oct. 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.


Principal Real Estateome Fund  (NYSE:PGZ) 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.


Principal Real Estateome Fund Debt-to-Equity Related Terms

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


Principal Real Estateome Fund Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Principal Real Estate Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide high current income with capital appreciation by investing in commercial real estate-related securities. The company does its investments in USA, Australia, Japan, France, Great Britain, Canada, Hong Kong, Germany, Singapore, South Korea, British Virgin Islands and more.
Executives
Laton Spahr other: President of the Adviser 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Brendan Hamill officer: Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Robert Douglas Mcclure officer: Treasurer 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Matthew Sutula other: Interim CCO 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jennifer Craig officer: Assistant Secretary 1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Sleightholme other: Officer of Investment Advisor 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Ernest J Scalberg other: Trustee C/O PRINCIPAL REAL ESTATE INCOME FUND, 1290 BROADWAY SUITE 1100, DENVER CO 80203
Kathryn Burns officer: Treasurer 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Ss&c Technologies Holdings Inc other: Affiliate of Inv Adviser 80 LAMBERTON RD, WINDSOR CT 06095
Richard Craig Noyes other: Officer of Investment Advisor 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Sharon R Akselrod other: Assistant Secretary 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Marc Peterson other: Subadvisor Portfolio Manager 6253 PLEASANT ST, WEST DES MOINES IA 50266