Hornigold Reit (WAR:HRL) Debt-to-Equity: 0.00 (As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Hornigold Reit Debt-to-Equity?

Hornigold Reit WAR:HRL Debt-to-Equity is 0.00 as of Jun. 2024.

Hornigold Reit's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was zł0.00 Mil. Hornigold Reit's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was zł0.00 Mil. Hornigold Reit's Total Stockholders Equity for the quarter that ended in Jun. 2024 was zł9.56 Mil. Hornigold Reit's debt to equity for the quarter that ended in Jun. 2024 was 0.00.

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

WAR:HRL's Debt-to-Equity is not ranked *
in the REITs industry.
Industry Median: 0.78
* Ranked among companies with meaningful Debt-to-Equity only.

Hornigold Reit  (WAR:HRL) 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.

Hornigold Reit Debt-to-Equity Related Terms

Hornigold Reit Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Hornigold Reit'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.

Hornigold Reit Debt-to-Equity Chart

Hornigold Reit Annual Data
Trend Dec11 Dec12 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.00 1.82 1.47 2.15

Hornigold Reit Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24
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 0.00 N/A 0.00 0.00 0.00

WAR:HRL vs AVB, EQR, INVH: Debt-to-Equity Comparison

For the REIT - Residential subindustry, Hornigold Reit'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.

Hornigold Reit Debt-to-Equity vs REITs Industry

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

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


Hornigold Reit Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hornigold Reit's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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 + 18.103) / 8.415
=2.15

Hornigold Reit's Debt to Equity Ratio for the quarter that ended in Jun. 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
=(0 + 0) / 9.558
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Hornigold Reit (WAR:HRL) has a Debt-to-Equity of 0.00 as of Jun. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hornigold Reit and its competitors.
Is Hornigold Reit's Debt-to-Equity too high?
Hornigold Reit's current Debt-to-Equity is 0.00.
How does Hornigold Reit's Debt-to-Equity compare to AVB and EQR?
Hornigold Reit's Debt-to-Equity of 0.00 can be compared against companies in the REITs industry. The industry median Debt-to-Equity is 0.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hornigold Reit and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hornigold Reit's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hornigold Reit stock overvalued right now?
Hornigold Reit (WAR:HRL) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Hornigold Reit (WAR:HRL), the current Debt-to-Equity is 0.00 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hornigold Reit Business Description

Industry Real EstateREITs
Address Ul. Moniuszki 10/1, Katowice, POL, 40-005
Hornigold Reit SA is a Poland based company that engages in the short-term rental of apartments. It provides apartments for rent located in renovated tenement houses in the city centers. The company has various apartments located in Grodowa, Slowackiego, Szopienice, Szopienicka, and Kopernika.