Egypt Kuwait Holding Co (KUW:EKHOLDING) Debt-to-Equity : 1.97 (As of Mar. 2024)

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What is Egypt Kuwait Holding Co Debt-to-Equity?

Egypt Kuwait Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD67.7 Mil. Egypt Kuwait Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD109.3 Mil. Egypt Kuwait Holding Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD89.7 Mil. Egypt Kuwait Holding Co's debt to equity for the quarter that ended in Mar. 2024 was 1.97.

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 Egypt Kuwait Holding Co's Debt-to-Equity or its related term are showing as below:

KUW:EKHOLDING' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.45 Max: 1.97
Current: 1.97

During the past 13 years, the highest Debt-to-Equity Ratio of Egypt Kuwait Holding Co was 1.97. The lowest was 0.02. And the median was 0.45.

KUW:EKHOLDING's Debt-to-Equity is ranked worse than
95.53% of 1388 companies
in the Chemicals industry
Industry Median: 0.36 vs KUW:EKHOLDING: 1.97

Egypt Kuwait Holding Co Debt-to-Equity Historical Data

The historical data trend for Egypt Kuwait Holding 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.

Egypt Kuwait Holding Co Debt-to-Equity Chart

Egypt Kuwait Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.40

0.42

1.24

1.46

Egypt Kuwait Holding Co 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															0.99	0.02	1.88	1.46	1.97

Competitive Comparison of Egypt Kuwait Holding Co's Debt-to-Equity

For the Chemicals subindustry, Egypt Kuwait Holding 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.

Egypt Kuwait Holding Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Egypt Kuwait Holding Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Egypt Kuwait Holding Co's Debt-to-Equity falls into.

Egypt Kuwait Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Egypt Kuwait Holding 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
	=	(78.7	+	117.712)	/	134.605
	=	1.46

Egypt Kuwait Holding Co'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
	=	(67.708	+	109.32)	/	89.729
	=	1.97

Egypt Kuwait Holding Co (KUW:EKHOLDING) 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.

Egypt Kuwait Holding Co Debt-to-Equity Related Terms

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Egypt Kuwait Holding Co (KUW:EKHOLDING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Egypt Kuwait Holding Co (KUW:EKHOLDING) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EKHOA:Egypt EKHO:Egypt

Address

14, Hassan Mohamed El Razzaz Street, Dokki, Agouza, Giza, EGY

Website

https://www.ekholding.com

Egypt Kuwait Holding Co is an investment company with a portfolio of companies that operate in oil and gas, fertilizers and petrochemicals, insurance, manufacturing, information technology, transportation, and infrastructure. The company operates in the business segments comprising the energy sector, fertilizers and chemicals; the Insurance sector; the Wood Processing sector, and other operations. The company generates maximum revenue from the Fertilizers and chemicals segment. The fertilizers and chemicals segment of the company encompasses products ranging from urea, ammonium nitrate, and melamine to formaldehyde and liquid and powder glue.

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