Debt-to-Equity Ratio

The Debt-to-Equity Ratio measures how much a company relies on debt versus shareholder equity to finance its assets; at 5.81x, SPG has $5.81 of debt for every dollar of equity, indicating heavy leverage.

This is far above the sector median of 0.73x, placing SPG in the 98th percentile among peers — meaning only 2% of sector companies carry more debt relative to equity. No trend data is available: the year-over-year change is marked N/A, the quarter-over-quarter change is N/A, and no historical values beyond the current figure are provided. With the level extremely high and no trend to assess direction, the risk is elevated because a highly leveraged firm is more vulnerable to interest rate increases or earnings downturns, but the absence of trend makes it impossible to judge whether leverage is increasing or decreasing. The extreme leverage alone would normally suggest caution, but without knowing recent changes, the metric neither confirms nor contradicts the overall NEUTRAL verdict — it highlights a structural risk that may already be priced in, leaving the rating unchanged.

Frequently Asked Questions

Closest Sector Peers