GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Halmont Properties Corp (TSXV:HMT) » Definitions » Debt-to-Equity

Halmont Properties (TSXV:HMT) Debt-to-Equity : 0.75 (As of Sep. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Halmont Properties Debt-to-Equity?

Halmont Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Halmont Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$118.38 Mil. Halmont Properties's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$158.82 Mil. Halmont Properties's debt to equity for the quarter that ended in Sep. 2024 was 0.75.

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 Halmont Properties's Debt-to-Equity or its related term are showing as below:

TSXV:HMT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4   Med: 0.96   Max: 1.62
Current: 0.75

During the past 13 years, the highest Debt-to-Equity Ratio of Halmont Properties was 1.62. The lowest was 0.40. And the median was 0.96.

TSXV:HMT's Debt-to-Equity is ranked worse than
50.48% of 1569 companies
in the Real Estate industry
Industry Median: 0.73 vs TSXV:HMT: 0.75

Halmont Properties Debt-to-Equity Historical Data

The historical data trend for Halmont Properties'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.

Halmont Properties Debt-to-Equity Chart

Halmont Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 1.08 0.88 0.43 0.46

Halmont Properties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only 0.54 0.46 0.48 0.88 0.75

Competitive Comparison of Halmont Properties's Debt-to-Equity

For the Real Estate Services subindustry, Halmont Properties'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.


Halmont Properties's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Halmont Properties's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Halmont Properties's Debt-to-Equity falls into.



Halmont Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Halmont Properties's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Halmont Properties's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Halmont Properties  (TSXV:HMT) 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.


Halmont Properties Debt-to-Equity Related Terms

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


Halmont Properties Business Description

Traded in Other Exchanges
N/A
Address
51 Yonge Street, Suite 400, Toronto, ON, CAN, M5E 1J1
Halmont Properties Corp is a Canadian company that invests in commercial, residential, and forest properties, securities of companies holding property, and energy and infrastructure assets. It generates maximum revenue from the Commercial property. The company currently operates under one segment, which is Real Estate.
Executives
M. Diane Horton Director

Halmont Properties Headlines

No Headlines