Heriot REIT (JSE:HET) Debt-to-Revenue : 3.37 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Heriot REIT Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Heriot REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R63.0 Mil. Heriot REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R3,961.0 Mil. Heriot REIT's annualized Revenue for the quarter that ended in Dec. 2023 was R1,193.2 Mil. Heriot REIT's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 3.37.

Heriot REIT Debt-to-Revenue Historical Data

The historical data trend for Heriot REIT's Debt-to-Revenue 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.

Heriot REIT Debt-to-Revenue Chart

Heriot REIT Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Revenue

Get a 7-Day Free Trial

4.30

4.40

4.59

4.92

7.92

Heriot REIT Semi-Annual Data
	Nov17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial							3.68	6.60	3.91	10.70	3.37

Competitive Comparison of Heriot REIT's Debt-to-Revenue

For the REIT - Diversified subindustry, Heriot REIT's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

Heriot REIT's Debt-to-Revenue Distribution in the REITs Industry

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

* The bar in red indicates where Heriot REIT's Debt-to-Revenue falls into.

Heriot REIT Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Heriot REIT's Debt-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(609.919	+	3229.653)	/	484.867
	=	7.92

Heriot REIT's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(63.002	+	3961.035)	/	1193.238
	=	3.37

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.

Heriot REIT Debt-to-Revenue Related Terms

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

Heriot REIT (JSE:HET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Heriot REIT Ltd (JSE:HET) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196

Website

http://www.heriotreit.com

Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.

Heriot REIT (JSE:HET) Headlines

No Headlines