Kuwait Projects Co Holding KSC (KUW:KPROJ) Debt-to-Equity : 2.40 (As of Sep. 2024)

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What is Kuwait Projects Co Holding KSC Debt-to-Equity?

Kuwait Projects Co Holding KSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD0.0 Mil. Kuwait Projects Co Holding KSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD1,942.4 Mil. Kuwait Projects Co Holding KSC's Total Stockholders Equity for the quarter that ended in Sep. 2024 was KWD810.0 Mil. Kuwait Projects Co Holding KSC's debt to equity for the quarter that ended in Sep. 2024 was 2.40.

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

KUW:KPROJ' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.55 Med: 3.07 Max: 5.66
Current: 2.4

During the past 13 years, the highest Debt-to-Equity Ratio of Kuwait Projects Co Holding KSC was 5.66. The lowest was 1.55. And the median was 3.07.

KUW:KPROJ's Debt-to-Equity is ranked worse than
88.58% of 1453 companies
in the Banks industry
Industry Median: 0.63 vs KUW:KPROJ: 2.40

Kuwait Projects Co Holding KSC Debt-to-Equity Historical Data

The historical data trend for Kuwait Projects Co Holding KSC'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 Projects Co Holding KSC Debt-to-Equity Chart

Kuwait Projects Co Holding KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.78

5.66

3.77

3.07

2.62

Kuwait Projects Co Holding KSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															2.67	2.62	2.59	2.50	2.40

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

For the Banks - Regional subindustry, Kuwait Projects Co Holding KSC'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 Projects Co Holding KSC's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kuwait Projects Co Holding KSC's Debt-to-Equity distribution charts can be found below:

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

Kuwait Projects Co Holding KSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kuwait Projects Co Holding KSC'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
	=	(0	+	2090.314)	/	796.907
	=	2.62

Kuwait Projects Co Holding KSC's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	1942.357)	/	809.997
	=	2.40

Kuwait Projects Co Holding KSC (KUW:KPROJ) 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 Projects Co Holding KSC Debt-to-Equity Related Terms

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Kuwait Projects Co Holding KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kuwait Projects Co Holding KSC (KUW:KPROJ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

KIPCO Tower, Khalid Bin Al Waleed Street, Sharq, P.O. Box 23982, Safat, Kuwait City, KWT, 13100

Website

https://www.kipco.com

Kuwait Projects Co Holding KSC is an investment holding company operating in a sector such as financial services, manufacturing, and real estate. The business activity of the firm functions through various segments which include Commercial Banking, Asset Management, Investment Banking, Insurance, Media & Satellite Services, Industrial, Hospitality and Real Estate, and others. It generates maximum revenue from the Commercial banking segment. Geographic areas of operation include Kuwait, the Rest of GCC, the Rest of the Middle East and North Africa, North America and Europe.

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