WHLRP.PFD (Wheeler Real Estate Investment Trust) Debt-to-Equity : 19.71 (As of Sep. 2024)

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What is Wheeler Real Estate Investment Trust Debt-to-Equity?

Wheeler Real Estate Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $12.28 Mil. Wheeler Real Estate Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $493.08 Mil. Wheeler Real Estate Investment Trust's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $25.64 Mil. Wheeler Real Estate Investment Trust's debt to equity for the quarter that ended in Sep. 2024 was 19.71.

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 Wheeler Real Estate Investment Trust's Debt-to-Equity or its related term are showing as below:

WHLRP.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.44 Med: 3.35 Max: 19.71
Current: 19.71

During the past 13 years, the highest Debt-to-Equity Ratio of Wheeler Real Estate Investment Trust was 19.71. The lowest was 1.44. And the median was 3.35.

WHLRP.PFD's Debt-to-Equity is ranked worse than
99.58% of 714 companies
in the REITs industry
Industry Median: 0.78 vs WHLRP.PFD: 19.71

Wheeler Real Estate Investment Trust Debt-to-Equity Historical Data

The historical data trend for Wheeler Real Estate Investment Trust'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.

Wheeler Real Estate Investment Trust Debt-to-Equity Chart

Wheeler Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

3.24

3.19

3.70

5.87

6.71

Wheeler Real Estate Investment Trust 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															8.33	6.71	7.55	7.86	19.71

Competitive Comparison of Wheeler Real Estate Investment Trust's Debt-to-Equity

For the REIT - Retail subindustry, Wheeler Real Estate Investment Trust'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.

Wheeler Real Estate Investment Trust's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Wheeler Real Estate Investment Trust's Debt-to-Equity falls into.

Wheeler Real Estate Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wheeler Real Estate Investment Trust'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
	=	(17.814	+	487.903)	/	75.412
	=	6.71

Wheeler Real Estate Investment Trust's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(12.275	+	493.083)	/	25.644
	=	19.71

Wheeler Real Estate Investment Trust (NAS:WHLRP.PFD) 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.

Wheeler Real Estate Investment Trust Debt-to-Equity Related Terms

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Wheeler Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Wheeler Real Estate Investment Trust Inc (NAS:WHLRP.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WHLRD.PFD:USA WHLR:USA

Address

2529 Virginia Beach Boulevard, Virginia Beach, VA, USA, 23452

Website

https://www.whlr.us

Wheeler Real Estate Investment Trust Inc is a self-managed commercial real estate investment company. It owns, leases, and operates income-producing retail properties with a primary focus on grocery-anchored centers. The company's properties include Alex City Marketplace in Alexander City, Alabama; Bryan Station in Lexington, Kentucky; Cardinal Plaza in Henderson, North Carolina; Clover Plaza in Clover, South Carolina; Winslow Plaza in Sicklerville, New Jersey and many more.