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Watania International Holding PJSC (DFM:WATANIA) Debt-to-Equity : 0.23 (As of Dec. 2024)


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What is Watania International Holding PJSC Debt-to-Equity?

Watania International Holding PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was د.إ48.9 Mil. Watania International Holding PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was د.إ6.1 Mil. Watania International Holding PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2024 was د.إ236.2 Mil. Watania International Holding PJSC's debt to equity for the quarter that ended in Dec. 2024 was 0.23.

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 Watania International Holding PJSC's Debt-to-Equity or its related term are showing as below:

DFM:WATANIA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.42   Max: 1.56
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Watania International Holding PJSC was 1.56. The lowest was 0.00. And the median was 0.42.

DFM:WATANIA's Debt-to-Equity is ranked worse than
52.12% of 378 companies
in the Insurance industry
Industry Median: 0.215 vs DFM:WATANIA: 0.23

Watania International Holding PJSC Debt-to-Equity Historical Data

The historical data trend for Watania International Holding 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.

Watania International Holding PJSC Debt-to-Equity Chart

Watania International Holding PJSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 0.74 0.48 0.36 0.23

Watania International Holding PJSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.30 0.29 0.24 0.23

Competitive Comparison of Watania International Holding PJSC's Debt-to-Equity

For the Insurance - Diversified subindustry, Watania International Holding 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.


Watania International Holding PJSC's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Watania International Holding PJSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Watania International Holding PJSC's Debt-to-Equity falls into.


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Watania International Holding PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Watania International Holding PJSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Watania International Holding PJSC's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* 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.


Watania International Holding PJSC  (DFM:WATANIA) 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.


Watania International Holding PJSC Debt-to-Equity Related Terms

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Watania International Holding PJSC Business Description

Traded in Other Exchanges
N/A
Address
15th Floor, O-14 Tower, Marasi Drive, Business Bay, P.O. Box 235353, Dubai, ARE
Watania International Holding PJSC is an Investment holding company. It has two business segments; General Management and Investment.

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