Alargan International Real Estate Co (KUW:ARGAN) Debt-to-Equity : 1.73 (As of Mar. 2024)

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What is Alargan International Real Estate Co Debt-to-Equity?

Alargan International Real Estate Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD13.05 Mil. Alargan International Real Estate Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD130.94 Mil. Alargan International Real Estate Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD83.18 Mil. Alargan International Real Estate Co's debt to equity for the quarter that ended in Mar. 2024 was 1.73.

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 Alargan International Real Estate Co's Debt-to-Equity or its related term are showing as below:

KUW:ARGAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 1.52 Max: 1.96
Current: 1.73

During the past 13 years, the highest Debt-to-Equity Ratio of Alargan International Real Estate Co was 1.96. The lowest was 0.47. And the median was 1.52.

KUW:ARGAN's Debt-to-Equity is ranked worse than
78.18% of 1586 companies
in the Real Estate industry
Industry Median: 0.755 vs KUW:ARGAN: 1.73

Alargan International Real Estate Co Debt-to-Equity Historical Data

The historical data trend for Alargan International Real Estate Co'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.

Alargan International Real Estate Co Debt-to-Equity Chart

Alargan International Real Estate Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.37

1.67

1.74

1.77

1.71

Alargan International Real Estate Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.81	1.91	1.96	1.71	1.73

Competitive Comparison of Alargan International Real Estate Co's Debt-to-Equity

For the Real Estate Services subindustry, Alargan International Real Estate Co'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.

Alargan International Real Estate Co's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Alargan International Real Estate Co's Debt-to-Equity falls into.

Alargan International Real Estate Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alargan International Real Estate Co'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
	=	(13.183	+	131.608)	/	84.462
	=	1.71

Alargan International Real Estate Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(13.054	+	130.941)	/	83.177
	=	1.73

Alargan International Real Estate Co (KUW:ARGAN) 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.

Alargan International Real Estate Co Debt-to-Equity Related Terms

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Alargan International Real Estate Co (KUW:ARGAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alargan International Real Estate Co (KUW:ARGAN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Free Trade Zone, Argan Business Park, P.O.Box 8904, Shuwaikh (Block F98), Kuwait City, KWT, 22060

Website

http://www.alargan.com

Alargan International Real Estate Co is a real estate company in Kuwait. Its activities are represented primarily in real estate investment activity, contracting activities and hotels and resorts activities. Its operating segments include Real estate investment, Contracting, Hotels, and resorts. The group primarily operates inside Kuwait and outside Kuwait which includes the Kingdom of Saudi Arabia, Kingdom of Bahrain, Arab Republic of Egypt, Sultanate of Oman, and the Republic of Lebanon. Geographically the company receives maximum revenue from inside Kuwait.

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