Zacks reports that Sun Communities (SUI) Debt To Asset ratio are relatively high compared to the top five companies in the residential REITs (Real Estate Investment Trust) industry. The Debt/Asset ratio shows the proportion of a company’s assets that are financed through debt. If the ratio is greater than one, most of the company’s assets are financed through debt. Sun Communities has a Debt/Asset ratio of 1.02x based on total debt of $1.3 billion. Apartment Investment & Management has a Debt/Asset ratio of 0.75x based on total debt of $5.4 billion. Home Properties has a Debt/Asset ratio of 0.69x based on total debt of $2.5 billion. Mid-America Apartment Communities has a Debt/Asset ratio of 0.66x based on total debt of $1.5 billion. Associated Estates Realty has a Debt/Asset ratio of 0.63x based on total debt of $589.2 million.
