IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Debt-to-Equity : 3.16 (As of Dec. 2023)

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What is IFA Hotels & Resorts Co KSCC Debt-to-Equity?

IFA Hotels & Resorts Co KSCC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD5.75 Mil. IFA Hotels & Resorts Co KSCC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD51.26 Mil. IFA Hotels & Resorts Co KSCC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was KWD18.05 Mil. IFA Hotels & Resorts Co KSCC's debt to equity for the quarter that ended in Dec. 2023 was 3.16.

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 IFA Hotels & Resorts Co KSCC's Debt-to-Equity or its related term are showing as below:

KUW:IFAHR' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.81 Med: 3.64 Max: 28.08
Current: 3.16

During the past 13 years, the highest Debt-to-Equity Ratio of IFA Hotels & Resorts Co KSCC was 28.08. The lowest was 1.81. And the median was 3.64.

KUW:IFAHR's Debt-to-Equity is ranked worse than
91.55% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs KUW:IFAHR: 3.16

IFA Hotels & Resorts Co KSCC Debt-to-Equity Historical Data

The historical data trend for IFA Hotels & Resorts Co KSCC'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.

IFA Hotels & Resorts Co KSCC Debt-to-Equity Chart

IFA Hotels & Resorts Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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6.61

28.08

17.70

11.01

3.16

IFA Hotels & Resorts Co KSCC 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															11.01	11.35	11.34	3.71	3.16

Competitive Comparison of IFA Hotels & Resorts Co KSCC's Debt-to-Equity

For the Real Estate Services subindustry, IFA Hotels & Resorts Co KSCC'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.

IFA Hotels & Resorts Co KSCC's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IFA Hotels & Resorts Co KSCC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where IFA Hotels & Resorts Co KSCC's Debt-to-Equity falls into.

IFA Hotels & Resorts Co KSCC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IFA Hotels & Resorts Co KSCC'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
	=	(5.75	+	51.26)	/	18.049
	=	3.16

IFA Hotels & Resorts Co KSCC'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
	=	(5.75	+	51.26)	/	18.049
	=	3.16

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) 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.

IFA Hotels & Resorts Co KSCC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of IFA Hotels & Resorts Co KSCC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IFA Hotels & Resorts Co KSCC (KUW:IFAHR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047

Website

https://www.ifahotelsresorts.com

IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Headlines

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