Advance Logistics Investment (TSE:3493) Debt-to-Equity : 0.77 (As of Feb. 2024)

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What is Advance Logistics Investment Debt-to-Equity?

Advance Logistics Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円10,570 Mil. Advance Logistics Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円46,850 Mil. Advance Logistics Investment's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円74,307 Mil. Advance Logistics Investment's debt to equity for the quarter that ended in Feb. 2024 was 0.77.

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

TSE:3493' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 0.72 Max: 0.77
Current: 0.77

During the past 5 years, the highest Debt-to-Equity Ratio of Advance Logistics Investment was 0.77. The lowest was 0.54. And the median was 0.72.

TSE:3493's Debt-to-Equity is ranked better than
52.14% of 677 companies
in the REITs industry
Industry Median: 0.79 vs TSE:3493: 0.77

Advance Logistics Investment Debt-to-Equity Historical Data

The historical data trend for Advance Logistics 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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Advance Logistics Investment Debt-to-Equity Chart

Advance Logistics Investment Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Aug23

Debt-to-Equity

0.68

0.71

0.73

0.77

Advance Logistics Investment Semi-Annual Data
	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Aug23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial					0.73	0.73	0.73	0.77	0.77

Competitive Comparison of Advance Logistics Investment's Debt-to-Equity

For the REIT - Industrial subindustry, Advance Logistics 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.

Advance Logistics Investment's Debt-to-Equity Distribution in the REITs Industry

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

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

Advance Logistics Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advance Logistics Investment's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(0	+	57420)	/	74545.655
	=	0.77

Advance Logistics Investment's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
	=	(10570	+	46850)	/	74307.192
	=	0.77

Advance Logistics Investment (TSE:3493) 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.

Advance Logistics Investment Debt-to-Equity Related Terms

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Advance Logistics Investment (TSE:3493) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Advance Logistics Investment Corp (TSE:3493) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-105 Kanda-Jinbocho, 17th Floor, Jinbocho Mitsui Building, Chiyoda Ward, Tokyo, JPN

Website

https://www.adl-reit.com

Advance Logistics Investment Corp is a Japanese real estate investment company. It is engaged in investing in logistics real estate.

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