Sagicor Real Estate X Fund (XJAM:XFUND) Debt-to-Equity : 0.33 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Sagicor Real Estate X Fund Debt-to-Equity?

Sagicor Real Estate X Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was JMD252 Mil. Sagicor Real Estate X Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was JMD6,589 Mil. Sagicor Real Estate X Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was JMD20,828 Mil. Sagicor Real Estate X Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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 Sagicor Real Estate X Fund's Debt-to-Equity or its related term are showing as below:

XJAM:XFUND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.36 Max: 0.43
Current: 0.33

During the past 3 years, the highest Debt-to-Equity Ratio of Sagicor Real Estate X Fund was 0.43. The lowest was 0.33. And the median was 0.36.

XJAM:XFUND's Debt-to-Equity is ranked better than
71.63% of 1579 companies
in the Real Estate industry
Industry Median: 0.76 vs XJAM:XFUND: 0.33

Sagicor Real Estate X Fund Debt-to-Equity Historical Data

The historical data trend for Sagicor Real Estate X Fund'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.

Sagicor Real Estate X Fund Debt-to-Equity Chart

Sagicor Real Estate X Fund Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.43

0.36

0.33

Sagicor Real Estate X Fund Semi-Annual Data
	Dec21	Dec22	Dec23
Debt-to-Equity	0.43	0.36	0.33

Competitive Comparison of Sagicor Real Estate X Fund's Debt-to-Equity

For the Real Estate - Development subindustry, Sagicor Real Estate X Fund'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.

Sagicor Real Estate X Fund's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Sagicor Real Estate X Fund's Debt-to-Equity falls into.

Sagicor Real Estate X Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sagicor Real Estate X Fund'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
	=	(252.469	+	6588.938)	/	20828.333
	=	0.33

Sagicor Real Estate X Fund's Debt to Equity Ratio for the quarter 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
	=	(252.469	+	6588.938)	/	20828.333
	=	0.33

Sagicor Real Estate X Fund (XJAM:XFUND) 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.

Sagicor Real Estate X Fund Debt-to-Equity Related Terms

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

Sagicor Real Estate X Fund (XJAM:XFUND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sagicor Real Estate X Fund Ltd (XJAM:XFUND) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

28-48 Barbados Avenue, Kingston, 5, Jamaica, JAM

Website

https://www.sagicor.com

Sagicor Real Estate X Fund Ltd specializes in real estate investments. The Company's main business activity is to invest in hotel and commercial real estate activities. The Group is organized into two primary business segments: (a) Hotel operations direct ownership and operation of hotels. (b) Indirect hotel operations and commercial indirect investment in real estate via the Sagicor Sigma Global Funds and Jamziv. The wind-up of Jamziv was completed in 2022. (c) Other - comprises other investment assets and other liabilities.

Sagicor Real Estate X Fund (XJAM:XFUND) Headlines

No Headlines