RIOCF (Riocan Real Estate Investment Trust) Debt-to-Equity: 1.03 (As of Mar. 2026) — 20% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RIOCF Riocan Real Estate Investment Trust RIOCF
74 GF Score
Price $16.31
GF Value $14.86
Valuation Fairly Valued
! 11 Warning Signs
View Full Analysis

What is Riocan Real Estate Investment Trust Debt-to-Equity?

Riocan Real Estate Investment Trust RIOCF +0.63% 74 Debt-to-Equity is 1.03 as of Mar. 2026, which is 20% above its 10-year median of 0.86. GuruFocus rates RIOCF with a GF Score™ of 74/100 and a GF Value™ of $14.86 (Fairly Valued). The stock has 11 warning signs investors should review. Among 689 REITs companies, Riocan Real Estate Investment Trust ranks worse than 69.52% on this metric.

Riocan Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $987 Mil. Riocan Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $4,324 Mil. Riocan Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $5,181 Mil. Riocan Real Estate Investment Trust's debt to equity for the quarter that ended in Mar. 2026 was 1.03.

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 Riocan Real Estate Investment Trust's Debt-to-Equity or its related term are showing as below:

RIOCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.66   Med: 0.86   Max: 1.03
Current: 1.03

During the past 13 years, the highest Debt-to-Equity Ratio of Riocan Real Estate Investment Trust was 1.03. The lowest was 0.66. And the median was 0.86.

RIOCF's Debt-to-Equity is ranked worse than
69.52% of 689 companies
in the REITs industry
Industry Median: 0.78 vs RIOCF: 1.03

Riocan Real Estate Investment Trust  (OTCPK:RIOCF) 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.


Riocan Real Estate Investment Trust Debt-to-Equity Related Terms


Riocan Real Estate Investment Trust Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Riocan Real Estate Investment Trust'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.

Riocan Real Estate Investment Trust Debt-to-Equity Chart

Riocan Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.88 0.93 0.97 1.00

Riocan Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.02 1.02 1.02 1.00 1.03

RIOCF vs SPG, O, KIM: Debt-to-Equity Comparison

For the REIT - Retail subindustry, Riocan Real Estate Investment Trust'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.


Riocan Real Estate Investment Trust Debt-to-Equity vs REITs Industry

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

* The bar in red indicates where Riocan Real Estate Investment Trust's Debt-to-Equity falls into.


RIOCF
74GF Score
Riocan Real Estate Investment Trust RIOCF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riocan Real Estate Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Riocan Real Estate Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Riocan Real Estate Investment Trust's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.03 mean?
Riocan Real Estate Investment Trust (RIOCF) has a Debt-to-Equity of 1.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Riocan Real Estate Investment Trust and its competitors. This is 20% above median its historical median of 0.86. Over the past decade, Riocan Real Estate Investment Trust's Debt-to-Equity has ranged from 0.66 to 1.03. According to the industry distribution chart, Riocan Real Estate Investment Trust ranks #479 out of 689 companies in the REITs industry, placing it in the top 69.5%.
Is Riocan Real Estate Investment Trust's Debt-to-Equity too high?
Riocan Real Estate Investment Trust's current Debt-to-Equity of 1.03 is 20% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.03. The REITs industry median Debt-to-Equity is 0.78. Riocan Real Estate Investment Trust's value of 1.03 is 32.1% above this industry median. Based on the distribution chart, Riocan Real Estate Investment Trust ranks #479 out of 689 companies in the REITs industry, which is below the industry midpoint. Overall, Riocan Real Estate Investment Trust has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Riocan Real Estate Investment Trust's Debt-to-Equity compare to SPG and O?
According to the REITs industry distribution chart, Riocan Real Estate Investment Trust ranks #479 out of 689 companies for Debt-to-Equity. This places Riocan Real Estate Investment Trust in the lower half of its industry. The industry median Debt-to-Equity is 0.78. Riocan Real Estate Investment Trust's value of 1.03 is 32.1% above this benchmark. Historically, Riocan Real Estate Investment Trust's own Debt-to-Equity has ranged from 0.66 to 1.03 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.78, Riocan Real Estate Investment Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 689 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Riocan Real Estate Investment Trust's current Debt-to-Equity of 1.03 is 32.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Riocan Real Estate Investment Trust and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riocan Real Estate Investment Trust's current Debt-to-Equity is 1.03, which is 20% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riocan Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Riocan Real Estate Investment Trust (RIOCF) is currently considered Fairly Valued. The stock's GF Value™ is $14.86, compared to a current price of $16.31 — trading 9.8% above its estimated fair value. The current Debt-to-Equity is 1.03, which is 20% above median its 10-year median of 0.86 and 32.1% above the REITs industry median of 0.78. Riocan Real Estate Investment Trust's overall GF Score™ is 74/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Riocan Real Estate Investment Trust (RIOCF), the current Debt-to-Equity is 1.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Riocan Real Estate Investment Trust (RIOCF) Overvalued in 2026?

Based on GuruFocus' analysis, Riocan Real Estate Investment Trust stock appears to be overvalued. The current stock price of $16.31 is trading 9.8% above its estimated GF Value™ of $14.86. GuruFocus considers Riocan Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for RIOCF:

  • Debt-to-Equity: 1.03 (20% above median its 10-year median of 0.86)
  • GF Value™: $14.86 vs. price of $16.31 (9.8% above fair value)
  • GF Score™: 74/100 with 11 warning signs
  • Industry Position: 32.1% above the REITs median (#479 of 689)

No single metric tells the full story. See the RIOCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riocan Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges R7G:GermanyREI.UN:Canada
Address 2300 Yonge Street, Suite 500, P. O. Box 2386, RioCan Yonge Eglinton Centre, Toronto, ON, CAN, M4P 1E4
Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with majority of its properties located in Ontario, Canada. The company's tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates.
74GF Score

Get the complete analysis for RIOCF

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.31
Price
$14.86
GF Value