Saudia Dairy and Foodstuff Co (SAU:2270) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Saudia Dairy and Foodstuff Co Debt-to-Equity?

Saudia Dairy and Foodstuff Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼13 Mil. Saudia Dairy and Foodstuff Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼51 Mil. Saudia Dairy and Foodstuff Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼1,902 Mil. Saudia Dairy and Foodstuff Co's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Saudia Dairy and Foodstuff Co's Debt-to-Equity or its related term are showing as below:

SAU:2270' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.05
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Saudia Dairy and Foodstuff Co was 0.05. The lowest was 0.03. And the median was 0.04.

SAU:2270's Debt-to-Equity is ranked better than
92.99% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs SAU:2270: 0.03

Saudia Dairy and Foodstuff Co Debt-to-Equity Historical Data

The historical data trend for Saudia Dairy and Foodstuff 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.

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Saudia Dairy and Foodstuff Co Debt-to-Equity Chart

Saudia Dairy and Foodstuff Co Annual Data

Trend

Mar12

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Debt-to-Equity

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0.05

0.04

Saudia Dairy and Foodstuff 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															0.03	0.04	0.03	0.03	0.03

Competitive Comparison of Saudia Dairy and Foodstuff Co's Debt-to-Equity

For the Packaged Foods subindustry, Saudia Dairy and Foodstuff 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.

Saudia Dairy and Foodstuff Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Saudia Dairy and Foodstuff Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Saudia Dairy and Foodstuff Co's Debt-to-Equity falls into.

Saudia Dairy and Foodstuff Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saudia Dairy and Foodstuff Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2022 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
	=	(10.526	+	56.107)	/	1540.203
	=	0.04

Saudia Dairy and Foodstuff 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
	=	(13.472	+	50.561)	/	1901.531
	=	0.03

Saudia Dairy and Foodstuff Co (SAU:2270) 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.

Saudia Dairy and Foodstuff Co Debt-to-Equity Related Terms

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Saudia Dairy and Foodstuff Co (SAU:2270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Saudia Dairy and Foodstuff Co (SAU:2270) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ibrahim Almalki Street, P.O. Box 5043, Al Nakheel District, Jeddah, SAU, 21422

Website

https://www.sadafco.com

Saudia Dairy and Foodstuff Co is involved in the business of local production, importation, distribution, and marketing of foodstuffs, beverages, and dairy products. It operates in two segments: Drinks, which include milk and juice products; and Non- drinks, which include ice creams, tomato paste, cheese, and snacks. The company's geographical segments are Saudi Arabia, Poland, Gulf Cooperation Council (GCC) countries, and Others.

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