Kadestone Capital (Kadestone Capital) Debt-to-Equity : 1.77 (As of Mar. 2024)

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What is Kadestone Capital Debt-to-Equity?

Kadestone Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Kadestone Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $12.11 Mil. Kadestone Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $6.85 Mil. Kadestone Capital's debt to equity for the quarter that ended in Mar. 2024 was 1.77.

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 Kadestone Capital's Debt-to-Equity or its related term are showing as below:

KDCCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 1.4 Max: 1.77
Current: 1.77

During the past 5 years, the highest Debt-to-Equity Ratio of Kadestone Capital was 1.77. The lowest was 0.31. And the median was 1.40.

KDCCF's Debt-to-Equity is ranked worse than
79.16% of 1579 companies
in the Real Estate industry
Industry Median: 0.76 vs KDCCF: 1.77

Kadestone Capital Debt-to-Equity Historical Data

The historical data trend for Kadestone Capital'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.

Kadestone Capital Debt-to-Equity Chart

Kadestone Capital Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.31

0.62

1.38

1.57

Kadestone Capital Quarterly Data
	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														1.43	1.55	1.66	1.57	1.77

Competitive Comparison of Kadestone Capital's Debt-to-Equity

For the Real Estate - Development subindustry, Kadestone Capital'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.

Kadestone Capital's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kadestone Capital's Debt-to-Equity distribution charts can be found below:

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

Kadestone Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kadestone Capital'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
	=	(12.026	+	0)	/	7.657
	=	1.57

Kadestone Capital'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
	=	(0	+	12.113)	/	6.853
	=	1.77

Kadestone Capital (OTCPK:KDCCF) 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.

Kadestone Capital Debt-to-Equity Related Terms

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Kadestone Capital (Kadestone Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kadestone Capital Corp (OTCPK:KDCCF) » Definitions » Debt-to-Equity

Traded in Other Exchanges

KDSX:Canada

Address

595 Burrard Street, Suite 2600, Three Bentall Centre, P.O. Box 49314,, Vancouver, BC, CAN, V7X 1L3

Website

https://www.kadestone.com

Kadestone Capital Corp is engaged in the acquisition, development, and management of residential and commercial rental units, and the development and construction of residential housing units for sale. Property revenues include rental revenue from income-producing properties. In addition, it is also engaged in the procurement and sale of building materials within urban centers and high-growth, emerging markets in Canada. It recognizes revenue from the sale of building materials in Canada and the United States.