Salhia Real Estate Co KSCP (KUW:SRE) Debt-to-Equity : 1.74 (As of Mar. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Salhia Real Estate Co KSCP Debt-to-Equity?

Salhia Real Estate Co KSCP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD0.00 Mil. Salhia Real Estate Co KSCP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD302.67 Mil. Salhia Real Estate Co KSCP's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD174.32 Mil. Salhia Real Estate Co KSCP's debt to equity for the quarter that ended in Mar. 2024 was 1.74.

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

KUW:SRE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 0.98 Max: 1.74
Current: 1.74

During the past 13 years, the highest Debt-to-Equity Ratio of Salhia Real Estate Co KSCP was 1.74. The lowest was 0.76. And the median was 0.98.

KUW:SRE's Debt-to-Equity is ranked worse than
78.69% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs KUW:SRE: 1.74

Salhia Real Estate Co KSCP Debt-to-Equity Historical Data

The historical data trend for Salhia Real Estate Co KSCP'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.

Salhia Real Estate Co KSCP Debt-to-Equity Chart

Salhia Real Estate Co KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.05

0.98

1.21

1.27

1.32

Salhia Real Estate Co KSCP 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															1.29	1.33	1.26	1.32	1.74

Competitive Comparison of Salhia Real Estate Co KSCP's Debt-to-Equity

For the Real Estate Services subindustry, Salhia Real Estate Co KSCP'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.

Salhia Real Estate Co KSCP's Debt-to-Equity Distribution in the Real Estate Industry

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

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

Salhia Real Estate Co KSCP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Salhia Real Estate Co KSCP'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
	=	(50.073	+	187.935)	/	179.71
	=	1.32

Salhia Real Estate Co KSCP'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
	=	(0	+	302.673)	/	174.32
	=	1.74

Salhia Real Estate Co KSCP (KUW:SRE) 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.

Salhia Real Estate Co KSCP Debt-to-Equity Related Terms

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

Salhia Real Estate Co KSCP (KUW:SRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Salhia Real Estate Co KSCP (KUW:SRE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mohammed Thunayan Al-Ghanim Street, P.O. Box 23413, Salhia Complex, Safat, Kuwait City, KWT, 13095

Website

https://www.salhia.com

Salhia Real Estate Co KSC is engaged in real estate leasing and development of commercial properties and hotel operations in Kuwait and the United Kingdom. The company operates its business through three segments: Real Estate Operations, Hotel Operations, and Care Home Operations. Real Estate Operations being the highest revenue generator is engaged in the development and leasing of properties. Hotel Operations consist of the hotel hospitality services provided through JW Marriott Hotel - Kuwait; Courtyard Marriott Hotel-Kuwait; and Arraya Ballroom - Kuwait. Care Home Operations consist of care home activities provided by subsidiary companies. Its primary geographic markets are Kuwait & GCC and Europe.