Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) Debt-to-Equity : 2.10 (As of Dec. 2023)

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What is Kuwait And Middle East Financial Investment Co Debt-to-Equity?

Kuwait And Middle East Financial Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD38.98 Mil. Kuwait And Middle East Financial Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD3.51 Mil. Kuwait And Middle East Financial Investment Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was KWD20.28 Mil. Kuwait And Middle East Financial Investment Co's debt to equity for the quarter that ended in Dec. 2023 was 2.10.

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 Kuwait And Middle East Financial Investment Co's Debt-to-Equity or its related term are showing as below:

KUW:KMEFIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.46 Max: 2.1
Current: 2.1

During the past 13 years, the highest Debt-to-Equity Ratio of Kuwait And Middle East Financial Investment Co was 2.10. The lowest was 0.16. And the median was 0.46.

KUW:KMEFIC's Debt-to-Equity is ranked worse than
94.6% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs KUW:KMEFIC: 2.10

Kuwait And Middle East Financial Investment Co Debt-to-Equity Historical Data

The historical data trend for Kuwait And Middle East Financial Investment 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.

Kuwait And Middle East Financial Investment Co Debt-to-Equity Chart

Kuwait And Middle East Financial Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.19

1.70

2.10

Kuwait And Middle East Financial Investment Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.70	1.88	1.71	1.87	2.10

Competitive Comparison of Kuwait And Middle East Financial Investment Co's Debt-to-Equity

For the Asset Management subindustry, Kuwait And Middle East Financial Investment 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.

Kuwait And Middle East Financial Investment Co's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kuwait And Middle East Financial Investment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kuwait And Middle East Financial Investment Co's Debt-to-Equity falls into.

Kuwait And Middle East Financial Investment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kuwait And Middle East Financial Investment 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
	=	(38.977	+	3.512)	/	20.281
	=	2.10

Kuwait And Middle East Financial Investment Co'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
	=	(38.977	+	3.512)	/	20.281
	=	2.10

Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) 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.

Kuwait And Middle East Financial Investment Co Debt-to-Equity Related Terms

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Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arabian Gulf Street, Khalid Tower, Block 1, Building No.1, Al-Qibla – First Commercial District, Kuwait, KWT, 13009

Website

https://www.kmefic.com.kw

Kuwait And Middle East Financial Investment Co is a Kuwait-based asset management company. The business activity of the group functions through Asset Management, Brokerage and Online Trading, Credit Operations, and Investment and Treasury segments of which it generates the majority of revenue from Asset Management segments. The Asset Management segment is engaged in providing third-party fund and portfolio management services on a fiduciary basis. Besides, the firm is also engaged in other activities such as providing margin loans, money market placements, real estate activities, and proprietary trading in equity stocks and funds. Geographically, the business presence of the firm is seen in both Kuwait and the international market.

Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) Headlines

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