DAMAC Properties Dubai Co PJSC (DFM:DAMAC) Debt-to-Equity : 0.21 (As of Dec. 2021)

View and export this data going back to 2015. Start your Free Trial

What is DAMAC Properties Dubai Co PJSC Debt-to-Equity?

DAMAC Properties Dubai Co PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was د.إ125 Mil. DAMAC Properties Dubai Co PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was د.إ2,604 Mil. DAMAC Properties Dubai Co PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2021 was د.إ13,085 Mil. DAMAC Properties Dubai Co PJSC's debt to equity for the quarter that ended in Dec. 2021 was 0.21.

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 DAMAC Properties Dubai Co PJSC's Debt-to-Equity or its related term are showing as below:

DFM:DAMAC's Debt-to-Equity is not ranked ^*
in the Real Estate industry.
Industry Median: 0.76
* Ranked among companies with meaningful Debt-to-Equity only.

DAMAC Properties Dubai Co PJSC Debt-to-Equity Historical Data

The historical data trend for DAMAC Properties Dubai Co 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.

* Premium members only.

DAMAC Properties Dubai Co PJSC Debt-to-Equity Chart

DAMAC Properties Dubai Co PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-Equity

Get a 7-Day Free Trial

0.34

0.35

0.28

0.25

0.21

DAMAC Properties Dubai Co PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Debt-to-Equity	Get a 7-Day Free Trial															0.25	0.27	0.24	0.22	0.21

Competitive Comparison of DAMAC Properties Dubai Co PJSC's Debt-to-Equity

For the Real Estate - Development subindustry, DAMAC Properties Dubai Co 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.

DAMAC Properties Dubai Co PJSC's Debt-to-Equity Distribution in the Real Estate Industry

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

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

DAMAC Properties Dubai Co PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DAMAC Properties Dubai Co PJSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(124.834	+	2603.55)	/	13085.078
	=	0.21

DAMAC Properties Dubai Co PJSC's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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
	=	(124.834	+	2603.55)	/	13085.078
	=	0.21

DAMAC Properties Dubai Co PJSC (DFM:DAMAC) 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.

DAMAC Properties Dubai Co PJSC Debt-to-Equity Related Terms

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

DAMAC Properties Dubai Co PJSC (DFM:DAMAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » DAMAC Properties Dubai Co PJSC (DFM:DAMAC) » Definitions » Debt-to-Equity

Comparable Companies

SHSE:600639 SHSE:600325 OSTO:ATRLJ B XTAE:GVYM TPE:2542 HKSE:09993 SHSE:600376 HKSE:00813 SHSE:600773 SZSE:002146

Traded in Other Exchanges

N/A

Address

Al Barsha Heights (Tecom), P.O. Box 2195, Executive Heights Building, Dubai, ARE

Website

https://www.damacproperties.com

DAMAC Properties Dubai Co PJSC along with its subsidiaries is engaged in the development of properties in the Middle East. It develops high-end and luxury residential, commercial and leisure properties across the UAE and internationally. The company derives a majority of revenue from the UAE region.

DAMAC Properties Dubai Co PJSC (DFM:DAMAC) Headlines

No Headlines