Drake & Scull International PJSC (DFM:DSI) Debt-to-Equity : -0.49 (As of Mar. 2024)

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What is Drake & Scull International PJSC Debt-to-Equity?

Drake & Scull International PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ2,096.3 Mil. Drake & Scull International PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ5.7 Mil. Drake & Scull International PJSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was د.إ-4,334.7 Mil. Drake & Scull International PJSC's debt to equity for the quarter that ended in Mar. 2024 was -0.48.

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 Drake & Scull International PJSC's Debt-to-Equity or its related term are showing as below:

DFM:DSI' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.59 Med: 0.04 Max: 50.54
Current: -0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Drake & Scull International PJSC was 50.54. The lowest was -0.59. And the median was 0.04.

DFM:DSI's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.44 vs DFM:DSI: -0.49

Drake & Scull International PJSC Debt-to-Equity Historical Data

The historical data trend for Drake & Scull International 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.

Drake & Scull International PJSC Debt-to-Equity Chart

Drake & Scull International PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-0.47

-0.51

-0.54

-0.53

-0.48

Drake & Scull International PJSC 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															-0.54	-0.51	-0.49	-0.48	-0.49

Competitive Comparison of Drake & Scull International PJSC's Debt-to-Equity

For the Engineering & Construction subindustry, Drake & Scull International 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.

Drake & Scull International PJSC's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Drake & Scull International PJSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Drake & Scull International PJSC's Debt-to-Equity falls into.

Drake & Scull International PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Drake & Scull International 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
	=	(2058.565	+	6.218)	/	-4290.973
	=	-0.48

Drake & Scull International PJSC'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
	=	(2096.32	+	5.719)	/	-4334.723
	=	-0.48

Drake & Scull International PJSC (DFM:DSI) 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.

Drake & Scull International PJSC Debt-to-Equity Related Terms

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

Drake & Scull International PJSC (DFM:DSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Drake & Scull International PJSC (DFM:DSI) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

International Media Production Zone, P.O. Box 65794, Dubai, ARE

Website

https://www.drakescull.com

Drake & Scull International PJSC is engaged in carrying out contracting work relating to the construction industry, such as electrical, plumbing, oil and gas, air conditioning and sanitation work in the Middle East, Europe, Asia and North Africa region. The company is organized into business units based on its services and has three reportable business segments, namely, Engineering (Mechanical, Electrical and Plumbing) and Others. The company is geographically distributed in the UAE and Others. The company is presently engaged in carrying out contracting work relating to the construction industry in the United Arab Emirates, Kuwait, Egypt, Germany, Algeria, India, Iraq and Jordan.