Adgar Investments & Development (XTAE:ADGR) Debt-to-Equity : 2.51 (As of Dec. 2023)

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What is Adgar Investments & Development Debt-to-Equity?

Adgar Investments & Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪862.5 Mil. Adgar Investments & Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪2,855.0 Mil. Adgar Investments & Development's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪1,479.9 Mil. Adgar Investments & Development's debt to equity for the quarter that ended in Dec. 2023 was 2.51.

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 Adgar Investments & Development's Debt-to-Equity or its related term are showing as below:

XTAE:ADGR' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.32 Med: 2.76 Max: 3.49
Current: 2.51

During the past 13 years, the highest Debt-to-Equity Ratio of Adgar Investments & Development was 3.49. The lowest was 2.32. And the median was 2.76.

XTAE:ADGR's Debt-to-Equity is ranked worse than
88.03% of 1587 companies
in the Real Estate industry
Industry Median: 0.76 vs XTAE:ADGR: 2.51

Adgar Investments & Development Debt-to-Equity Historical Data

The historical data trend for Adgar Investments & Development'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.

Adgar Investments & Development Debt-to-Equity Chart

Adgar Investments & Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.36

2.56

2.32

2.66

2.51

Adgar Investments & Development 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															2.66	2.71	2.79	2.71	2.51

Competitive Comparison of Adgar Investments & Development's Debt-to-Equity

For the Real Estate Services subindustry, Adgar Investments & Development'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.

Adgar Investments & Development's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Adgar Investments & Development's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Adgar Investments & Development's Debt-to-Equity falls into.

Adgar Investments & Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adgar Investments & Development'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
	=	(862.476	+	2855.013)	/	1479.865
	=	2.51

Adgar Investments & Development'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
	=	(862.476	+	2855.013)	/	1479.865
	=	2.51

Adgar Investments & Development (XTAE:ADGR) 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.

Adgar Investments & Development Debt-to-Equity Related Terms

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

Adgar Investments & Development (XTAE:ADGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Adgar Investments & Development Ltd (XTAE:ADGR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Efal Street, Petach Tikva, ISR, 49511

Website

http://www.adgar.com

Adgar Investments & Development Ltd is a real estate company. It operates in the income-producing real estate market. The company holds investment properties, mainly for use as office premises in Israel and abroad. It also develops and manages construction projects. The company operates in Israel, Canada, Poland, and Belgium.

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