MENA Real Estate Co (K SC C) (KUW:MENA) Debt-to-Equity : 0.15 (As of Sep. 2024)

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What is MENA Real Estate Co (K SC C) Debt-to-Equity?

MENA Real Estate Co (K SC C)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD1.70 Mil. MENA Real Estate Co (K SC C)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD0.00 Mil. MENA Real Estate Co (K SC C)'s Total Stockholders Equity for the quarter that ended in Sep. 2024 was KWD11.67 Mil. MENA Real Estate Co (K SC C)'s debt to equity for the quarter that ended in Sep. 2024 was 0.15.

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 MENA Real Estate Co (K SC C)'s Debt-to-Equity or its related term are showing as below:

KUW:MENA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.2 Max: 0.35
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of MENA Real Estate Co (K SC C) was 0.35. The lowest was 0.04. And the median was 0.20.

KUW:MENA's Debt-to-Equity is ranked better than
82.86% of 1569 companies
in the Real Estate industry
Industry Median: 0.73 vs KUW:MENA: 0.15

MENA Real Estate Co (K SC C) Debt-to-Equity Historical Data

The historical data trend for MENA Real Estate Co (K SC C)'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.

MENA Real Estate Co (K SC C) Debt-to-Equity Chart

MENA Real Estate Co (K SC C) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.21

0.23

0.24

0.32

0.15

MENA Real Estate Co (K SC C) 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															0.35	-	0.15	0.15	0.15

Competitive Comparison of MENA Real Estate Co (K SC C)'s Debt-to-Equity

For the Real Estate Services subindustry, MENA Real Estate Co (K SC C)'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.

MENA Real Estate Co (K SC C)'s Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MENA Real Estate Co (K SC C)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where MENA Real Estate Co (K SC C)'s Debt-to-Equity falls into.

MENA Real Estate Co (K SC C) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MENA Real Estate Co (K SC C)'s Debt to Equity Ratio for the fiscal year 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
	=	(1.696	+	0)	/	11.142
	=	0.15

MENA Real Estate Co (K SC C)'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
	=	(1.696	+	0)	/	11.669
	=	0.15

MENA Real Estate Co (K SC C) (KUW:MENA) 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.

MENA Real Estate Co (K SC C) Debt-to-Equity Related Terms

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MENA Real Estate Co (K SC C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MENA Real Estate Co (K SC C) (KUW:MENA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fahad Al Salem Street, P.O. Box 38381, Panasonic Tower, 6th Floor, Al Qibla, Dahia Abullah Al Salem Suburb, Kuwait, KWT, 72254

Website

http://www.mena-realestate.com

MENA Real Estate Co (K SC C) is involved in providing real estate investment products and services. It purchases, sells, and develops real estate and land in Kuwait and abroad. The company also gives real estate advisory services in extension to the establishment and management of various companies and projects locally, regionally, and internationally. It has two segments Domestic and International in which it generates the majority of its revenue form Domestic Segment. It generates the revenue from Gain/loss from the sale of investment properties, Developed properties, Service Income, Dividend Income, and Rental Income.

MENA Real Estate Co (K SC C) Headlines

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