ANGH (Anghami) Debt-to-Equity : -0.01 (As of Dec. 2023)

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What is Anghami Debt-to-Equity?

Anghami's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.11 Mil. Anghami's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.06 Mil. Anghami's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-12.92 Mil. Anghami's debt to equity for the quarter that ended in Dec. 2023 was -0.01.

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 Anghami's Debt-to-Equity or its related term are showing as below:

ANGH' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.77 Med: -0.47 Max: -0.01
Current: -0.01

During the past 6 years, the highest Debt-to-Equity Ratio of Anghami was -0.01. The lowest was -0.77. And the median was -0.47.

ANGH's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.28 vs ANGH: -0.01

Anghami Debt-to-Equity Historical Data

The historical data trend for Anghami'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.

Anghami Debt-to-Equity Chart

Anghami Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.52

-0.77

-0.70

-0.07

-0.01

Anghami Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				-0.70	-0.07	-0.07	-0.02	-0.01

Competitive Comparison of Anghami's Debt-to-Equity

For the Entertainment subindustry, Anghami'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.

Anghami's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Anghami's Debt-to-Equity distribution charts can be found below:

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

Anghami Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anghami'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
	=	(0.112	+	0.058)	/	-12.923
	=	-0.01

Anghami'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
	=	(0.112	+	0.058)	/	-12.923
	=	-0.01

Anghami (NAS:ANGH) 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.

Anghami Debt-to-Equity Related Terms

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

Anghami Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Anghami Inc (NAS:ANGH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, Al Maryah Island, 16th Floor, Al-Khatem Tower, WeWork Hub71, Abu Dhabi, ARE

Website

https://www.anghami.com

Anghami Inc is a digital music entertainment technology platform in the Middle East and North Africa, with the catalog of songs. The company features licensed content from Arabic labels, independent artists, and distributors. It also features music from International labels such as Universal, Sony, and Warner and is continuously licensing new content.