Umm Al Qaiwain General Investments Co (ADX:QIC) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Umm Al Qaiwain General Investments Co Debt-to-Equity?

Umm Al Qaiwain General Investments Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ42.78 Mil. Umm Al Qaiwain General Investments Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ0.00 Mil. Umm Al Qaiwain General Investments Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ610.52 Mil. Umm Al Qaiwain General Investments Co's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 Umm Al Qaiwain General Investments Co's Debt-to-Equity or its related term are showing as below:

ADX:QIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.12
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Umm Al Qaiwain General Investments Co was 0.12. The lowest was 0.00. And the median was 0.03.

ADX:QIC's Debt-to-Equity is ranked better than
76.44% of 607 companies
in the Capital Markets industry
Industry Median: 0.37 vs ADX:QIC: 0.07

Umm Al Qaiwain General Investments Co Debt-to-Equity Historical Data

The historical data trend for Umm Al Qaiwain General Investments 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.

Umm Al Qaiwain General Investments Co Debt-to-Equity Chart

Umm Al Qaiwain General Investments Co Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.06

0.07

Umm Al Qaiwain General Investments 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															0.06	0.07	0.09	0.10	0.07

Competitive Comparison of Umm Al Qaiwain General Investments Co's Debt-to-Equity

For the Capital Markets subindustry, Umm Al Qaiwain General Investments 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.

Umm Al Qaiwain General Investments Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Umm Al Qaiwain General Investments Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Umm Al Qaiwain General Investments Co's Debt-to-Equity falls into.

Umm Al Qaiwain General Investments Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Umm Al Qaiwain General Investments 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
	=	(42.777	+	0)	/	610.521
	=	0.07

Umm Al Qaiwain General Investments 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
	=	(42.777	+	0)	/	610.521
	=	0.07

Umm Al Qaiwain General Investments Co (ADX:QIC) 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.

Umm Al Qaiwain General Investments Co Debt-to-Equity Related Terms

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Umm Al Qaiwain General Investments Co (ADX:QIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Umm Al Qaiwain General Investments Co (ADX:QIC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

QIC:Kuwait

Address

Al Ittihad Street, Fahad Al Salem Street, P.O.Box: 816, Building a Big Market Tower Floor 9, Al Raafah Kuwait: Al Dar Audit - Abdullah Muzaini, Umm Al-Qaiwain, ARE

Website

http://www.qic-uaq.ae

Umm Al Qaiwain General Investments Co is engaged in real estate enterprise investment, development, and institution and management, funds and stock investments. The commercial activities of the company include investment in lands, buildings, education, health sector, general investments, among others. The two geographical segments in which the company operates comprise of the United Arab Emirates and the Gulf Cooperation Council.

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