Citicore Energy REIT (PHS:CREIT) Debt-to-Equity : 1.05 (As of Mar. 2024)

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What is Citicore Energy REIT Debt-to-Equity?

Citicore Energy REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱2 Mil. Citicore Energy REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱4,681 Mil. Citicore Energy REIT's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱4,475 Mil. Citicore Energy REIT's debt to equity for the quarter that ended in Mar. 2024 was 1.05.

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 Citicore Energy REIT's Debt-to-Equity or its related term are showing as below:

PHS:CREIT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.12 Max: 1.08
Current: 1.05

During the past 7 years, the highest Debt-to-Equity Ratio of Citicore Energy REIT was 1.08. The lowest was 0.05. And the median was 0.12.

PHS:CREIT's Debt-to-Equity is ranked worse than
69.91% of 678 companies
in the REITs industry
Industry Median: 0.785 vs PHS:CREIT: 1.05

Citicore Energy REIT Debt-to-Equity Historical Data

The historical data trend for Citicore Energy 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.

* Premium members only.

Citicore Energy REIT Debt-to-Equity Chart

Citicore Energy REIT Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.08

0.06

0.05

1.05

Citicore Energy REIT Quarterly Data
	Dec17	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial													1.08	1.08	1.07	1.05	1.05

Competitive Comparison of Citicore Energy REIT's Debt-to-Equity

For the REIT - Specialty subindustry, Citicore Energy 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.

Citicore Energy REIT's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Citicore Energy REIT's Debt-to-Equity falls into.

Citicore Energy REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Citicore Energy 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
	=	(5.864	+	4686.86)	/	4469.244
	=	1.05

Citicore Energy REIT'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
	=	(1.946	+	4681.069)	/	4475.065
	=	1.05

Citicore Energy REIT (PHS:CREIT) 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.

Citicore Energy REIT Debt-to-Equity Related Terms

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

Citicore Energy REIT (PHS:CREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Citicore Energy REIT Corp (PHS:CREIT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

276 Col. Bonny Serrano Avenue, 11th Floor, Rockwell Santolan Town Plaza, Little Baguio, San Juan, PHL

Website

https://www.creit.com.ph

Citicore Energy REIT Corp has engaged in renewable energy generation as well as property leasing, both from leasehold and freehold land assets. It promotes renewable energy generation, agricultural production, and community development, offering stable and sustainable income, above-market returns, and capital appreciation.

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