Al Rajhi REIT Fund (SAU:4340) Debt-to-Equity : 0.41 (As of Dec. 2023)

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What is Al Rajhi REIT Fund Debt-to-Equity?

Al Rajhi REIT Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼0.0 Mil. Al Rajhi REIT Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼896.4 Mil. Al Rajhi REIT Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼2,213.7 Mil. Al Rajhi REIT Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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 Al Rajhi REIT Fund's Debt-to-Equity or its related term are showing as below:

SAU:4340' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.51 Max: 0.71
Current: 0.41

During the past 6 years, the highest Debt-to-Equity Ratio of Al Rajhi REIT Fund was 0.71. The lowest was 0.37. And the median was 0.51.

SAU:4340's Debt-to-Equity is ranked better than
81.7% of 672 companies
in the REITs industry
Industry Median: 0.785 vs SAU:4340: 0.41

Al Rajhi REIT Fund Debt-to-Equity Historical Data

The historical data trend for Al Rajhi REIT Fund'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.

Al Rajhi REIT Fund Debt-to-Equity Chart

Al Rajhi REIT Fund Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.50

0.52

0.64

0.71

0.41

Al Rajhi REIT Fund Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						0.64	0.71	0.71	0.76	0.41

Competitive Comparison of Al Rajhi REIT Fund's Debt-to-Equity

For the REIT - Diversified subindustry, Al Rajhi REIT Fund'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.

Al Rajhi REIT Fund's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Al Rajhi REIT Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Al Rajhi REIT Fund's Debt-to-Equity falls into.

Al Rajhi REIT Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Al Rajhi REIT Fund'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
	=	(0	+	896.4)	/	2213.74
	=	0.40

Al Rajhi REIT Fund'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
	=	(0	+	896.4)	/	2213.74
	=	0.40

Al Rajhi REIT Fund (SAU:4340) 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.

Al Rajhi REIT Fund Debt-to-Equity Related Terms

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Al Rajhi REIT Fund (SAU:4340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Al Rajhi REIT Fund (SAU:4340) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road, Unit No. 1, PO Box 5561, Al Muruj District, Riyadh, SAU, 11432

Website

https://www.alrajhi-capital.com

Al Rajhi REIT Fund is a close-ended real estate investment traded fund. The investment objective of the company is to invest in income-generating real estate assets. It is divided into four divisions namely Brokerage, Asset Management, Investment Banking, and Research. The Brokerage Division offers a comprehensive brokerage and execution service, The Asset management division manages global, regional, and local mutual funds. Investment Banking offers a complete range of strategic financial advisory services, including debt and equity structuring and arranging to assist clients in achieving their business and financial goals The research division focuses on delivering detailed investment analysis of regional and international equity, markets, and economies.

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