Al Ramz Investment and Development Company (DFM:ALRAMZ) Debt-to-Equity : 0.60 (As of Dec. 2023)

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What is Al Ramz Investment and Development Company Debt-to-Equity?

Al Ramz Investment and Development Company's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ328.8 Mil. Al Ramz Investment and Development Company's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ0.8 Mil. Al Ramz Investment and Development Company's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ551.9 Mil. Al Ramz Investment and Development Company's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

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

DFM:ALRAMZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.6 Max: 1.05
Current: 0.6

During the past 12 years, the highest Debt-to-Equity Ratio of Al Ramz Investment and Development Company was 1.05. The lowest was 0.38. And the median was 0.60.

DFM:ALRAMZ's Debt-to-Equity is ranked worse than
61.12% of 607 companies
in the Capital Markets industry
Industry Median: 0.37 vs DFM:ALRAMZ: 0.60

Al Ramz Investment and Development Company Debt-to-Equity Historical Data

The historical data trend for Al Ramz Investment and Development Company'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.

Al Ramz Investment and Development Company Debt-to-Equity Chart

Al Ramz Investment and Development Company Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.66

0.41

0.40

0.38

0.60

Al Ramz Investment and Development Company 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															0.38	0.32	0.22	0.44	0.60

Competitive Comparison of Al Ramz Investment and Development Company's Debt-to-Equity

For the Capital Markets subindustry, Al Ramz Investment and Development Company'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.

Al Ramz Investment and Development Company's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Al Ramz Investment and Development Company's Debt-to-Equity distribution charts can be found below:

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

Al Ramz Investment and Development Company Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Al Ramz Investment and Development Company'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
	=	(328.8	+	0.828)	/	551.925
	=	0.60

Al Ramz Investment and Development Company'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
	=	(328.8	+	0.828)	/	551.925
	=	0.60

Al Ramz Investment and Development Company (DFM:ALRAMZ) 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.

Al Ramz Investment and Development Company Debt-to-Equity Related Terms

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

Al Ramz Investment and Development Company (DFM:ALRAMZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Al Ramz Corporation Investment and Development Company (DFM:ALRAMZ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rolex tower - 9th Floor, Dubai, ARE

Website

https://www.alramz.ae

Al Ramz Corporation Investment and Development Company is a financial institution providing a variety of services including asset management, corporate finance, lending, market making, liquidity providing, and research. The main activities of the company and its subsidiaries are to invest and manage commercial, industrial, and agricultural enterprises and to provide brokerage services including brokerage in selling and buying shares, margin trading, market making, and liquidity providing, and to perform all related transactions and activities.

Al Ramz Investment and Development Company (DFM:ALRAMZ) Headlines

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