NIPPON REIT Investment (TSE:3296) Debt-to-Equity : 1.02 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is NIPPON REIT Investment Debt-to-Equity?

NIPPON REIT Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円17,600 Mil. NIPPON REIT Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円115,020 Mil. NIPPON REIT Investment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円130,606 Mil. NIPPON REIT Investment's debt to equity for the quarter that ended in Dec. 2023 was 1.02.

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

TSE:3296' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.92 Med: 0.97 Max: 1.02
Current: 1.02

During the past 10 years, the highest Debt-to-Equity Ratio of NIPPON REIT Investment was 1.02. The lowest was 0.92. And the median was 0.97.

TSE:3296's Debt-to-Equity is ranked worse than
68.5% of 673 companies
in the REITs industry
Industry Median: 0.78 vs TSE:3296: 1.02

NIPPON REIT Investment Debt-to-Equity Historical Data

The historical data trend for NIPPON 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.

* Premium members only.

NIPPON REIT Investment Debt-to-Equity Chart

NIPPON REIT Investment Annual Data

Trend

Jun13

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.97

1.01

1.02

NIPPON REIT Investment Semi-Annual Data
	Jun13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial														1.01	1.01	1.01	1.02	1.02

Competitive Comparison of NIPPON REIT Investment's Debt-to-Equity

For the REIT - Diversified subindustry, NIPPON 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.

NIPPON REIT Investment's Debt-to-Equity Distribution in the REITs Industry

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

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

NIPPON REIT Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NIPPON REIT Investment'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
	=	(17600	+	115020)	/	130605.872
	=	1.02

NIPPON REIT Investment'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
	=	(17600	+	115020)	/	130605.872
	=	1.02

NIPPON REIT Investment (TSE:3296) 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.

NIPPON REIT Investment Debt-to-Equity Related Terms

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

NIPPON REIT Investment (TSE:3296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NIPPON REIT Investment Corp (TSE:3296) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 17 No. 18 Shinkawa, Chuo-ku, Tokyo-chome, JPN

Website

http://www.nippon-reit.com

NIPPON REIT Investment Corp is engaged in the property leasing business. The company manages assets by investing the funds paid in by the unitholders primarily in real estate-related assets. The company develops a portfolio of properties focused on income growth and stability, aiming to maximize unitholder value.

NIPPON REIT Investment (TSE:3296) Headlines

No Headlines