MREIT (PHS:MREIT) Debt-to-Equity : 0.14 (As of Dec. 2023)

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What is MREIT Debt-to-Equity?

MREIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱0 Mil. MREIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱7,207 Mil. MREIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱52,139 Mil. MREIT's debt to equity for the quarter that ended in Dec. 2023 was 0.14.

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

PHS:MREIT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.14 Max: 0.15
Current: 0.14

During the past 3 years, the highest Debt-to-Equity Ratio of MREIT was 0.15. The lowest was 0.14. And the median was 0.14.

PHS:MREIT's Debt-to-Equity is ranked better than
93.89% of 671 companies
in the REITs industry
Industry Median: 0.78 vs PHS:MREIT: 0.14

MREIT Debt-to-Equity Historical Data

The historical data trend for MREIT'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.

MREIT Debt-to-Equity Chart

MREIT Annual Data

Trend

Jun21

Dec22

Dec23

Debt-to-Equity

0.15

0.14

MREIT Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						0.15	0.13	0.13	0.13	0.14

Competitive Comparison of MREIT's Debt-to-Equity

For the REIT - Office subindustry, MREIT'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.

MREIT's Debt-to-Equity Distribution in the REITs Industry

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

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

MREIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MREIT'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	+	7206.698)	/	52138.559
	=	0.14

MREIT'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	+	7206.698)	/	52138.559
	=	0.14

MREIT (PHS:MREIT) 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.

MREIT Debt-to-Equity Related Terms

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

MREIT (PHS:MREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MREIT Inc (PHS:MREIT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

36th Street corner 11th Avenue, 18th Floor, Alliance Global Tower, Uptown Bonifacio, Taguig, PHL, 1634

Website

https://www.mreit.com.ph

MREIT Inc operates as a Real Estate Investment Trust. The company's portfolio consists of commercial spaces primarily leased for office purposes, which may also be used and leased for retail purposes as required The Company operates in single operating segment which is the lease of its buildings.

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