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Shinhan Alpha REIT (XKRX:293940) Debt-to-Equity : 2.50 (As of Dec. 2023)


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What is Shinhan Alpha REIT Debt-to-Equity?

Shinhan Alpha REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩102,533 Mil. Shinhan Alpha REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,233,069 Mil. Shinhan Alpha REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩533,380 Mil. Shinhan Alpha REIT's debt to equity for the quarter that ended in Dec. 2023 was 2.50.

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 Shinhan Alpha REIT's Debt-to-Equity or its related term are showing as below:

XKRX:293940' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.42   Med: 2.49   Max: 5.26
Current: 2.5

During the past 7 years, the highest Debt-to-Equity Ratio of Shinhan Alpha REIT was 5.26. The lowest was 1.42. And the median was 2.49.

XKRX:293940's Debt-to-Equity is ranked worse than
91.59% of 678 companies
in the REITs industry
Industry Median: 0.785 vs XKRX:293940: 2.50

Shinhan Alpha REIT Debt-to-Equity Historical Data

The historical data trend for Shinhan Alpha 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.

* Premium members only.

Shinhan Alpha REIT Debt-to-Equity Chart

Shinhan Alpha REIT Annual Data
Trend Sep18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial 1.82 3.74 5.26 3.27 2.49

Shinhan Alpha REIT Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.29 3.17 3.30 2.70 2.50

Competitive Comparison of Shinhan Alpha REIT's Debt-to-Equity

For the REIT - Office subindustry, Shinhan Alpha 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.


Shinhan Alpha REIT's Debt-to-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Shinhan Alpha REIT's Debt-to-Equity falls into.



Shinhan Alpha REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shinhan Alpha REIT's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Shinhan Alpha REIT's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Shinhan Alpha REIT  (XKRX:293940) 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.


Shinhan Alpha REIT Debt-to-Equity Related Terms

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


Shinhan Alpha REIT (XKRX:293940) Business Description

Traded in Other Exchanges
N/A
Address
Jongno 33, Jongno-gu, Seoul, KOR
Shinhan Alpha REIT is a Korean based company engaged in providing real estate services.

Shinhan Alpha REIT (XKRX:293940) Headlines

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