Dar Al Dawa Development and Investment (AMM:DADI) Debt-to-Equity : 0.89 (As of Mar. 2024)

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What is Dar Al Dawa Development and Investment Debt-to-Equity?

Dar Al Dawa Development and Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD40.87 Mil. Dar Al Dawa Development and Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD0.22 Mil. Dar Al Dawa Development and Investment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was JOD46.32 Mil. Dar Al Dawa Development and Investment's debt to equity for the quarter that ended in Mar. 2024 was 0.89.

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 Dar Al Dawa Development and Investment's Debt-to-Equity or its related term are showing as below:

AMM:DADI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.93 Max: 2.38
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Dar Al Dawa Development and Investment was 2.38. The lowest was 0.07. And the median was 0.93.

AMM:DADI's Debt-to-Equity is ranked worse than
81.89% of 845 companies
in the Drug Manufacturers industry
Industry Median: 0.3 vs AMM:DADI: 0.89

Dar Al Dawa Development and Investment Debt-to-Equity Historical Data

The historical data trend for Dar Al Dawa Development and Investment'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.

Dar Al Dawa Development and Investment Debt-to-Equity Chart

Dar Al Dawa Development and Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.16

1.61

0.95

0.91

0.85

Dar Al Dawa Development and Investment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.96	1.07	1.04	0.85	0.89

Competitive Comparison of Dar Al Dawa Development and Investment's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Dar Al Dawa Development and Investment'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.

Dar Al Dawa Development and Investment's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Dar Al Dawa Development and Investment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dar Al Dawa Development and Investment's Debt-to-Equity falls into.

Dar Al Dawa Development and Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dar Al Dawa Development and Investment'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
	=	(38.931	+	0.169)	/	45.811
	=	0.85

Dar Al Dawa Development and Investment's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(40.87	+	0.222)	/	46.324
	=	0.89

Dar Al Dawa Development and Investment (AMM:DADI) 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.

Dar Al Dawa Development and Investment Debt-to-Equity Related Terms

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Dar Al Dawa Development and Investment (AMM:DADI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Dar Al Dawa Development and Investment (AMM:DADI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Naour, P.O. Box 9364, Amman, JOR, 11191

Website

https://www.dadgroup.com

Dar Al Dawa Development and Investment is a pharmaceutical company. The main objectives of the company are to manufacture pharmaceutical, chemical, pharmaceutical, and related products and to import medicines. It offers products in the therapeutic areas of anti-infective, cardiovascular and diabetes, dermatology, eye-ear preparations, gastroenterology and metabolism, genitourinary system and sex hormones, musculoskeletal system, nervous system, ophthalmological/otological, and respiratory system, as well as vitamins. The company's geographical segments are Levant and Iraq, Gulf and Yemen, Africa, and Europe and Asia.

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