Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Debt-to-Equity : 0.74 (As of Dec. 2023)

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What is Future Kid Entertainment and Real Estate Co Debt-to-Equity?

Future Kid Entertainment and Real Estate Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD4.18 Mil. Future Kid Entertainment and Real Estate Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD6.67 Mil. Future Kid Entertainment and Real Estate Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was KWD14.60 Mil. Future Kid Entertainment and Real Estate Co's debt to equity for the quarter that ended in Dec. 2023 was 0.74.

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 Future Kid Entertainment and Real Estate Co's Debt-to-Equity or its related term are showing as below:

KUW:FUTUREKID' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.63 Max: 0.84
Current: 0.74

During the past 13 years, the highest Debt-to-Equity Ratio of Future Kid Entertainment and Real Estate Co was 0.84. The lowest was 0.00. And the median was 0.63.

KUW:FUTUREKID's Debt-to-Equity is ranked worse than
61.65% of 691 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs KUW:FUTUREKID: 0.74

Future Kid Entertainment and Real Estate Co Debt-to-Equity Historical Data

The historical data trend for Future Kid Entertainment and 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.

Future Kid Entertainment and Real Estate Co Debt-to-Equity Chart

Future Kid Entertainment and Real Estate Co Annual Data

Trend

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.59

0.79

0.84

0.67

0.74

Future Kid Entertainment and Real Estate Co 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															0.67	0.64	0.90	0.75	0.74

Competitive Comparison of Future Kid Entertainment and Real Estate Co's Debt-to-Equity

For the Leisure subindustry, Future Kid Entertainment and 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.

Future Kid Entertainment and Real Estate Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Future Kid Entertainment and Real Estate Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Future Kid Entertainment and Real Estate Co's Debt-to-Equity falls into.

Future Kid Entertainment and Real Estate Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Future Kid Entertainment and 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
	=	(4.179	+	6.668)	/	14.597
	=	0.74

Future Kid Entertainment and Real Estate Co'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
	=	(4.179	+	6.668)	/	14.597
	=	0.74

Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) 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.

Future Kid Entertainment and Real Estate Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Future Kid Entertainment and Real Estate Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Free Zone Area, Futur Ara, Block D20, P.O. Box 4277, Al-Safat, KWT, 13043

Website

https://www.futurekid.com.kw

Future Kid Entertainment and Real Estate Co operates and manages family entertainment centers in Kuwait. It provides recreational services for kids and families. It also operates entertainment complexes which include facilities like games & aqua parks. It also engages in the acquisition, development, and sale of real estate and lands. It derives revenue from customer charges and game cards used for games available in different branches.

Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Headlines

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