Aldar Properties PJSC (ADX:ALDAR) Debt-to-Equity : 0.40 (As of Dec. 2023)

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What is Aldar Properties PJSC Debt-to-Equity?

Aldar Properties PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ1,212 Mil. Aldar Properties PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ11,794 Mil. Aldar Properties PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ32,881 Mil. Aldar Properties PJSC'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 Aldar Properties PJSC's Debt-to-Equity or its related term are showing as below:

ADX:ALDAR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.33 Max: 0.51
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Aldar Properties PJSC was 0.51. The lowest was 0.28. And the median was 0.33.

ADX:ALDAR's Debt-to-Equity is ranked better than
66.69% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs ADX:ALDAR: 0.40

Aldar Properties PJSC Debt-to-Equity Historical Data

The historical data trend for Aldar Properties PJSC'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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Aldar Properties PJSC Debt-to-Equity Chart

Aldar Properties PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.34

0.33

0.32

0.36

0.40

Aldar Properties PJSC 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															0.36	0.36	0.37	0.37	0.40

Competitive Comparison of Aldar Properties PJSC's Debt-to-Equity

For the Real Estate - Development subindustry, Aldar Properties PJSC'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.

Aldar Properties PJSC's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aldar Properties PJSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aldar Properties PJSC's Debt-to-Equity falls into.

Aldar Properties PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aldar Properties PJSC'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
	=	(1212.257	+	11793.779)	/	32880.748
	=	0.40

Aldar Properties PJSC'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
	=	(1212.257	+	11793.779)	/	32880.748
	=	0.40

Aldar Properties PJSC (ADX:ALDAR) 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.

Aldar Properties PJSC Debt-to-Equity Related Terms

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

Aldar Properties PJSC (ADX:ALDAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aldar Properties PJSC (ADX:ALDAR) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Al Raha Beach, P.O. Box 51133, Abu Dhabi, ARE

Website

https://www.aldar.com

Aldar Properties PJSC is a general real estate company. Its operating segment includes Property development and sales; Project management services; Investment properties; Hospitality and leisure; Education and Principal investments. The company generates maximum revenue from the Property development and sales segment.

Aldar Properties PJSC (ADX:ALDAR) Headlines

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