SOSiLA Logistics REIT (TSE:2979) Debt-to-Equity : 0.78 (As of Nov. 2023)

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What is SOSiLA Logistics REIT Debt-to-Equity?

SOSiLA Logistics REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円9,320 Mil. SOSiLA Logistics REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was 円52,700 Mil. SOSiLA Logistics REIT's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円79,594 Mil. SOSiLA Logistics REIT's debt to equity for the quarter that ended in Nov. 2023 was 0.78.

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

TSE:2979' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.68 Max: 0.78
Current: 0.78

During the past 4 years, the highest Debt-to-Equity Ratio of SOSiLA Logistics REIT was 0.78. The lowest was 0.57. And the median was 0.68.

TSE:2979's Debt-to-Equity is ranked better than
51.34% of 674 companies
in the REITs industry
Industry Median: 0.79 vs TSE:2979: 0.78

SOSiLA Logistics REIT Debt-to-Equity Historical Data

The historical data trend for SOSiLA Logistics 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.

SOSiLA Logistics REIT Debt-to-Equity Chart

SOSiLA Logistics REIT Annual Data

Trend

Nov19

Nov20

Nov21

Nov22

Debt-to-Equity

0.57

0.71

0.67

SOSiLA Logistics REIT Semi-Annual Data
	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial			0.71	0.68	0.67	0.77	0.78

Competitive Comparison of SOSiLA Logistics REIT's Debt-to-Equity

For the REIT - Industrial subindustry, SOSiLA Logistics 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.

SOSiLA Logistics REIT's Debt-to-Equity Distribution in the REITs Industry

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

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

SOSiLA Logistics REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SOSiLA Logistics REIT's Debt to Equity Ratio for the fiscal year that ended in Nov. 2022 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
	=	(1400	+	47800)	/	73878.393
	=	0.67

SOSiLA Logistics REIT's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(9320	+	52700)	/	79594.339
	=	0.78

SOSiLA Logistics REIT (TSE:2979) 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.

SOSiLA Logistics REIT Debt-to-Equity Related Terms

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SOSiLA Logistics REIT (TSE:2979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SOSiLA Logistics REIT Inc (TSE:2979) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Otemachi Place East Tower 2-3-2 Otemachi, Logistics Facilities Division, Chiyoda-ku, Tokyo, JPN

Website

http://www.sosila.com

SOSiLA Logistics REIT Inc offers logistics services. It offers facility based on the three themes Sociability, Sustainability and Logistic Aspect considering the environment and sustainable growth; and people and the work environment.

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