Norstar Holdings (XTAE:NSTR) Debt-to-Equity : 13.44 (As of Dec. 2023)

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What is Norstar Holdings Debt-to-Equity?

Norstar Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪4,303 Mil. Norstar Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪19,523 Mil. Norstar Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪1,773 Mil. Norstar Holdings's debt to equity for the quarter that ended in Dec. 2023 was 13.44.

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 Norstar Holdings's Debt-to-Equity or its related term are showing as below:

XTAE:NSTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 4.69 Med: 10.12 Max: 15.11
Current: 13.44

During the past 13 years, the highest Debt-to-Equity Ratio of Norstar Holdings was 15.11. The lowest was 4.69. And the median was 10.12.

XTAE:NSTR's Debt-to-Equity is ranked worse than
98.55% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs XTAE:NSTR: 13.44

Norstar Holdings Debt-to-Equity Historical Data

The historical data trend for Norstar Holdings'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.

Norstar Holdings Debt-to-Equity Chart

Norstar Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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7.67

11.53

11.78

13.24

13.44

Norstar Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															13.24	12.07	11.24	11.37	13.44

Competitive Comparison of Norstar Holdings's Debt-to-Equity

For the Real Estate Services subindustry, Norstar Holdings'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.

Norstar Holdings's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Norstar Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Norstar Holdings'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
	=	(4303	+	19523)	/	1773
	=	13.44

Norstar Holdings'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
	=	(4303	+	19523)	/	1773
	=	13.44

Norstar Holdings (XTAE:NSTR) 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.

Norstar Holdings Debt-to-Equity Related Terms

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Norstar Holdings (XTAE:NSTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Norstar Holdings Inc (XTAE:NSTR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Meitar Liquornik Geva & Leshem Brandwein Law Office, 16 Aba Hilel Silver Street, Ramat Gan, ISR, 52506

Website

http://www.gazit-globe.com

Norstar Holdings Inc is a multinational real estate holdings company based in Israel. The company is the major shareholder of Gazit Globe, a multi-national real estate investment company that acquires, develops, and manages supermarket anchored shopping centers. The company operates through a variety of subsidiaries: in the United States through Equity One Inc., Royal Senior Care LLC, and ProMed Properties Inc.; in Canada through First Capital Realty Inc.; and in Europe through Citycon Oyj. In the United States the company focuses on projects in the senior housing and the medical office building sectors in North America.

Norstar Holdings (XTAE:NSTR) Headlines

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