Mori Hills Reit Investment (TSE:3234) Debt-to-Equity : 0.94 (As of Jul. 2023)

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What is Mori Hills Reit Investment Debt-to-Equity?

Mori Hills Reit Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円18,800 Mil. Mori Hills Reit Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was 円173,622 Mil. Mori Hills Reit Investment's Total Stockholders Equity for the quarter that ended in Jul. 2023 was 円204,798 Mil. Mori Hills Reit Investment's debt to equity for the quarter that ended in Jul. 2023 was 0.94.

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 Mori Hills Reit Investment's Debt-to-Equity or its related term are showing as below:

TSE:3234' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.84 Med: 0.92 Max: 0.99
Current: 0.94

During the past 13 years, the highest Debt-to-Equity Ratio of Mori Hills Reit Investment was 0.99. The lowest was 0.84. And the median was 0.92.

TSE:3234's Debt-to-Equity is ranked worse than
63.1% of 672 companies
in the REITs industry
Industry Median: 0.785 vs TSE:3234: 0.94

Mori Hills Reit Investment Debt-to-Equity Historical Data

The historical data trend for Mori Hills Reit Investment'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.

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Mori Hills Reit Investment Debt-to-Equity Chart

Mori Hills Reit Investment Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.92

0.93

0.95

0.94

Mori Hills Reit Investment Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.95	0.95	0.94	0.94	N/A

Competitive Comparison of Mori Hills Reit Investment's Debt-to-Equity

For the REIT - Diversified subindustry, Mori Hills Reit Investment'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.

Mori Hills Reit Investment's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Mori Hills Reit Investment's Debt-to-Equity falls into.

Mori Hills Reit Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mori Hills Reit Investment's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(18800	+	173622)	/	204797.737
	=	0.94

Mori Hills Reit Investment's Debt to Equity Ratio for the quarter that ended in Jul. 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
	=	(18800	+	173622)	/	204797.737
	=	0.94

Mori Hills Reit Investment (TSE:3234) 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.

Mori Hills Reit Investment Debt-to-Equity Related Terms

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Mori Hills Reit Investment (TSE:3234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mori Hills Reit Investment Corp (TSE:3234) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

12-32 Akasaka 1-chome, Minato-ku, Tokyo, JPN

Website

http://www.mori-hills-reit.co.jp

Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate primarily office buildings and residential and retail properties available for lease in Tokyo.

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