Mezzan Holding Co KSC (KUW:MEZZAN) Debt-to-Equity : 0.80 (As of Mar. 2024)

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What is Mezzan Holding Co KSC Debt-to-Equity?

Mezzan Holding Co KSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD91.0 Mil. Mezzan Holding Co KSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD1.7 Mil. Mezzan Holding Co KSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD116.4 Mil. Mezzan Holding Co KSC's debt to equity for the quarter that ended in Mar. 2024 was 0.80.

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

KUW:MEZZAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.69 Max: 0.9
Current: 0.8

During the past 9 years, the highest Debt-to-Equity Ratio of Mezzan Holding Co KSC was 0.90. The lowest was 0.40. And the median was 0.69.

KUW:MEZZAN's Debt-to-Equity is ranked worse than
70.86% of 1654 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs KUW:MEZZAN: 0.80

Mezzan Holding Co KSC Debt-to-Equity Historical Data

The historical data trend for Mezzan Holding Co 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.

Mezzan Holding Co KSC Debt-to-Equity Chart

Mezzan Holding Co KSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.90

0.69

0.68

0.86

0.82

Mezzan Holding Co KSC 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															0.79	0.86	0.81	0.82	0.80

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

For the Packaged Foods subindustry, Mezzan Holding Co 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.

Mezzan Holding Co KSC's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mezzan Holding Co KSC's Debt-to-Equity distribution charts can be found below:

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

Mezzan Holding Co KSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mezzan Holding Co 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
	=	(88.416	+	2.02)	/	109.971
	=	0.82

Mezzan Holding Co KSC'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
	=	(90.966	+	1.721)	/	116.381
	=	0.80

Mezzan Holding Co KSC (KUW:MEZZAN) 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.

Mezzan Holding Co KSC Debt-to-Equity Related Terms

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Mezzan Holding Co KSC (KUW:MEZZAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mezzan Holding Co KSC (KUW:MEZZAN) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Shuwaikh Industrial Area 3, Block 1A, Jassim Al Wazzan Sons Building, P.O Box: 124, Safat, KWT, 13002

Website

https://www.mezzan.com

Mezzan Holding Co KSC is engaged in the manufacturing, sale, and distribution of food and non-food products. It manufactures and distributes chips, snacks, meats, bottled water, and canned foods and is also involved in the catering business, providing meals to corporations, hotels, airlines, industrial sites, and government ministries. It operates in five segments namely: Food; Catering; Services; Fast Moving Consumer Goods, Healthcare Industrial; and Industrial. The firm derives most of its revenue from the Food segment. The company's geographical segments include Kuwait, Saudi Arabia, United Arab Emirates, Qatar, Jordan, Afghanistan, and Iraq.

Mezzan Holding Co KSC (KUW:MEZZAN) Headlines

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