Arab Palestinian Investment Co (XPAE:APIC) Debt-to-Equity : 2.09 (As of Sep. 2023)

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What is Arab Palestinian Investment Co Debt-to-Equity?

Arab Palestinian Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $237 Mil. Arab Palestinian Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $160 Mil. Arab Palestinian Investment Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $190 Mil. Arab Palestinian Investment Co's debt to equity for the quarter that ended in Sep. 2023 was 2.09.

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 Arab Palestinian Investment Co's Debt-to-Equity or its related term are showing as below:

XPAE:APIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 1.55 Max: 2.12
Current: 2.09

During the past 10 years, the highest Debt-to-Equity Ratio of Arab Palestinian Investment Co was 2.12. The lowest was 0.48. And the median was 1.55.

XPAE:APIC's Debt-to-Equity is ranked worse than
88.32% of 471 companies
in the Conglomerates industry
Industry Median: 0.56 vs XPAE:APIC: 2.09

Arab Palestinian Investment Co Debt-to-Equity Historical Data

The historical data trend for Arab Palestinian Investment 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.

Arab Palestinian Investment Co Debt-to-Equity Chart

Arab Palestinian Investment Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.39

0.48

1.46

1.76

1.95

Arab Palestinian Investment Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.95	1.95	1.82	2.07	2.09

Competitive Comparison of Arab Palestinian Investment Co's Debt-to-Equity

For the Conglomerates subindustry, Arab Palestinian Investment 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.

Arab Palestinian Investment Co's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Arab Palestinian Investment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Arab Palestinian Investment Co's Debt-to-Equity falls into.

Arab Palestinian Investment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arab Palestinian Investment Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(212.545	+	150.542)	/	185.886
	=	1.95

Arab Palestinian Investment Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(237.349	+	160.018)	/	190.46
	=	2.09

Arab Palestinian Investment Co (XPAE:APIC) 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.

Arab Palestinian Investment Co Debt-to-Equity Related Terms

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

Arab Palestinian Investment Co (XPAE:APIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Arab Palestinian Investment Co (XPAE:APIC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Ayyam Street, Palestine Automobile Co. Building, 3rd Floor, P.O.Box 2190, Ramallah, PSE

Website

https://www.apic.ps

Arab Palestinian Investment Co is an investment holding company. The company through its subsidiaries is involved in the manufacturing, distribution, and service sectors in Palestine, Jordan, Saudi Arabia, Gabon, and Cameroon. It focuses on the production of food and aluminum profiles, as well as general trading. The company also distributes pharmaceuticals, medical and laboratory equipment, surgical and disposable items, and fast-moving consumer goods; and a range of passenger cars, trucks, and vans, as well as operates shopping centers.

Arab Palestinian Investment Co (XPAE:APIC) Headlines

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