Saudi Chemical Co (SAU:2230) Debt-to-Equity : 0.68 (As of Dec. 2023)

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

What is Saudi Chemical Co Debt-to-Equity?

Saudi Chemical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼574 Mil. Saudi Chemical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼653 Mil. Saudi Chemical Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼1,800 Mil. Saudi Chemical Co's debt to equity for the quarter that ended in Dec. 2023 was 0.68.

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 Saudi Chemical Co's Debt-to-Equity or its related term are showing as below:

SAU:2230' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.91 Max: 1.18
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Saudi Chemical Co was 1.18. The lowest was 0.24. And the median was 0.91.

SAU:2230's Debt-to-Equity is ranked worse than
76.97% of 851 companies
in the Drug Manufacturers industry
Industry Median: 0.29 vs SAU:2230: 0.68

Saudi Chemical Co Debt-to-Equity Historical Data

The historical data trend for Saudi Chemical 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.

Saudi Chemical Co Debt-to-Equity Chart

Saudi Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.92

1.06

1.18

0.91

0.68

Saudi Chemical 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															0.91	0.96	0.97	0.89	0.68

Competitive Comparison of Saudi Chemical Co's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Saudi Chemical 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.

Saudi Chemical Co's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Saudi Chemical Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Saudi Chemical Co's Debt-to-Equity falls into.

Saudi Chemical Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saudi Chemical 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
	=	(573.906	+	652.572)	/	1800.287
	=	0.68

Saudi Chemical 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
	=	(573.906	+	652.572)	/	1800.287
	=	0.68

Saudi Chemical Co (SAU:2230) 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.

Saudi Chemical Co Debt-to-Equity Related Terms

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

Saudi Chemical Co (SAU:2230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Saudi Chemical Co (SAU:2230) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7632 Al-Ihsa Rd, Al-Malaz, P.O. Box 2665, Riyadh, SAU, 11461

Website

https://www.saudichemical.com

Saudi Chemical Co, along with its subsidiaries, is engaged in the manufacturing and distribution of explosives and their derivatives. Its other business operations include providing technical support services in explosions, wholesale and retail trading in medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment, supplies of hospitals and medical centers, and manufacture of ammonium nitrate. The company operates in three segments: Explosives, Medicines & medical supplies, and Production of Ammonium Nitrate.

Saudi Chemical Co (SAU:2230) Headlines

No Headlines