Livestock Transport & Trading Co (KUW:CATTL) Debt-to-Equity : 0.51 (As of Jun. 2024)

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What is Livestock Transport & Trading Co Debt-to-Equity?

Livestock Transport & Trading Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was KWD2.29 Mil. Livestock Transport & Trading Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was KWD13.40 Mil. Livestock Transport & Trading Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was KWD30.98 Mil. Livestock Transport & Trading Co's debt to equity for the quarter that ended in Jun. 2024 was 0.51.

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 Livestock Transport & Trading Co's Debt-to-Equity or its related term are showing as below:

KUW:CATTL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.57 Max: 0.84
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Livestock Transport & Trading Co was 0.84. The lowest was 0.06. And the median was 0.57.

KUW:CATTL's Debt-to-Equity is ranked better than
51.26% of 277 companies
in the Retail - Defensive industry
Industry Median: 0.53 vs KUW:CATTL: 0.51

Livestock Transport & Trading Co Debt-to-Equity Historical Data

The historical data trend for Livestock Transport & Trading Co'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.

Livestock Transport & Trading Co Debt-to-Equity Chart

Livestock Transport & Trading Co Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.27

0.44

0.60

0.77

0.60

Livestock Transport & Trading Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.73	0.69	0.60	0.62	0.51

Competitive Comparison of Livestock Transport & Trading Co's Debt-to-Equity

For the Food Distribution subindustry, Livestock Transport & Trading Co'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.

Livestock Transport & Trading Co's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Livestock Transport & Trading Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Livestock Transport & Trading Co's Debt-to-Equity falls into.

Livestock Transport & Trading Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Livestock Transport & Trading Co'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
	=	(3.869	+	14.608)	/	30.653
	=	0.60

Livestock Transport & Trading Co's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(2.288	+	13.403)	/	30.975
	=	0.51

Livestock Transport & Trading Co (KUW:CATTL) 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.

Livestock Transport & Trading Co Debt-to-Equity Related Terms

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Livestock Transport & Trading Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Livestock Transport & Trading Co (KUW:CATTL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sulaibiya Agricultural Area, Block 12, P.O. Box 23727, Kuwait, KWT, 13098

Website

https://www.almawashi.com.kw

Livestock Transport & Trading Co is engaged in livestock import & export business. It operates in three segments: Commercial, which includes purchasing, transporting, ranching, and selling the live and slaughtered sheep and all skins, intestines, and fertilizers, and also purchasing and selling fodder and chilled & frozen meat in wholesale and retail; Food processing segment includes meat processing and its classification in all products and selling it in wholesale; and Investments segment include investment portfolios managed by specialized companies and deposits. It generates the majority of its revenue from the Commercial segment. Its geographical segments are Kuwait, UAE, Australia, and South Africa, of which Kuwait accounts for most of its revenue.

Livestock Transport & Trading Co Headlines

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