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Tosei Reit Investment (TSE:3451) Debt-to-Equity : 1.00 (As of Oct. 2023)


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What is Tosei Reit Investment Debt-to-Equity?

Tosei Reit Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was 円6,000 Mil. Tosei Reit Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was 円35,300 Mil. Tosei Reit Investment's Total Stockholders Equity for the quarter that ended in Oct. 2023 was 円41,274 Mil. Tosei Reit Investment's debt to equity for the quarter that ended in Oct. 2023 was 1.00.

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

TSE:3451' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.91   Med: 0.97   Max: 1.02
Current: 1

During the past 9 years, the highest Debt-to-Equity Ratio of Tosei Reit Investment was 1.02. The lowest was 0.91. And the median was 0.97.

TSE:3451's Debt-to-Equity is ranked worse than
67.26% of 672 companies
in the REITs industry
Industry Median: 0.78 vs TSE:3451: 1.00

Tosei Reit Investment Debt-to-Equity Historical Data

The historical data trend for Tosei 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.

Tosei Reit Investment Debt-to-Equity Chart

Tosei Reit Investment Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.97 0.94 1.02 1.00 1.00

Tosei Reit Investment Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 1.02 1.00 1.00 1.02 1.00

Competitive Comparison of Tosei Reit Investment's Debt-to-Equity

For the REIT - Diversified subindustry, Tosei 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.


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

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

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



Tosei Reit Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tosei Reit Investment's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Tosei Reit Investment's Debt to Equity Ratio for the quarter that ended in Oct. 2023 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.


Tosei Reit Investment  (TSE:3451) 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.


Tosei Reit Investment Debt-to-Equity Related Terms

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Tosei Reit Investment (TSE:3451) Business Description

Traded in Other Exchanges
N/A
Address
Toranomon Tosei Building, 4-2-3 Toranomon, Minato-ku, Tokyo, JPN
Tosei Reit Investment Corp is a Japanese company operating in the real estate industry. The company invests in real estate and other assets and the investments are spread across Offices, Commercial facility and Housing.

Tosei Reit Investment (TSE:3451) Headlines

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