Union Coop (DFM:UNIONCOOP) Debt-to-Equity : 0.18 (As of Dec. 2023)

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What is Union Coop Debt-to-Equity?

Union Coop's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ19 Mil. Union Coop's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ433 Mil. Union Coop's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ2,551 Mil. Union Coop's debt to equity for the quarter that ended in Dec. 2023 was 0.18.

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

DFM:UNIONCOOP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.17 Max: 0.18
Current: 0.18

During the past 4 years, the highest Debt-to-Equity Ratio of Union Coop was 0.18. The lowest was 0.03. And the median was 0.17.

DFM:UNIONCOOP's Debt-to-Equity is ranked better than
78.52% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs DFM:UNIONCOOP: 0.18

Union Coop Debt-to-Equity Historical Data

The historical data trend for Union Coop'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.

Union Coop Debt-to-Equity Chart

Union Coop Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.03

0.18

0.16

0.18

Union Coop Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.18	N/A	0.16	0.04	0.18

Competitive Comparison of Union Coop's Debt-to-Equity

For the Department Stores subindustry, Union Coop'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.

Union Coop's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Union Coop's Debt-to-Equity distribution charts can be found below:

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

Union Coop Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Union Coop'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
	=	(19.16	+	433.137)	/	2551.25
	=	0.18

Union Coop'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
	=	(19.16	+	433.137)	/	2551.25
	=	0.18

Union Coop (DFM:UNIONCOOP) 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.

Union Coop Debt-to-Equity Related Terms

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

Union Coop (DFM:UNIONCOOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Union Coop (DFM:UNIONCOOP) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

The Tripoli Street, Al Warqa - 3, Dubai, ARE

Website

https://corporate.unioncoop.ae/ar/

Union Coop is engaged in establishing and managing hypermarkets in the United Arab Emirates. The company has 26 branches, and owns five shopping centers: Al Warqa City Mall, Etihad Mall, Al Barsha South Mall, Al Barsha South Mall and Nad Al Hamar Mall, and launched a chain of stores under the name of Coop, representing new concepts of shopping, as it includes four outlets in addition to one branch of the Mini Coop chain, and Union Coop is the first consumer cooperative in the Middle East to include the concept of smart shopping.

Union Coop (DFM:UNIONCOOP) Headlines

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