Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Kuwait Resorts Co KSCC (Muntazahat) Debt-to-Equity?

Kuwait Resorts Co KSCC (Muntazahat)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD0.00 Mil. Kuwait Resorts Co KSCC (Muntazahat)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD0.00 Mil. Kuwait Resorts Co KSCC (Muntazahat)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD30.85 Mil. Kuwait Resorts Co KSCC (Muntazahat)'s debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Resorts Co KSCC (Muntazahat)'s Debt-to-Equity or its related term are showing as below:

KUW:MUNTAZAHAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.39
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Kuwait Resorts Co KSCC (Muntazahat) was 0.39. The lowest was 0.01. And the median was 0.07.

KUW:MUNTAZAHAT's Debt-to-Equity is ranked better than
90.22% of 695 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs KUW:MUNTAZAHAT: 0.04

Kuwait Resorts Co KSCC (Muntazahat) Debt-to-Equity Historical Data

The historical data trend for Kuwait Resorts Co KSCC (Muntazahat)'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 Resorts Co KSCC (Muntazahat) Debt-to-Equity Chart

Kuwait Resorts Co KSCC (Muntazahat) Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.05

0.01

0.07

Kuwait Resorts Co KSCC (Muntazahat) 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															0.05	0.04	-	-	-

Competitive Comparison of Kuwait Resorts Co KSCC (Muntazahat)'s Debt-to-Equity

For the Resorts & Casinos subindustry, Kuwait Resorts Co KSCC (Muntazahat)'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 Resorts Co KSCC (Muntazahat)'s Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kuwait Resorts Co KSCC (Muntazahat)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kuwait Resorts Co KSCC (Muntazahat)'s Debt-to-Equity falls into.

Kuwait Resorts Co KSCC (Muntazahat) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kuwait Resorts Co KSCC (Muntazahat)'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	+	0)	/	28.109
	=	0.00

Kuwait Resorts Co KSCC (Muntazahat)'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
	=	(0	+	0)	/	30.851
	=	0.00

Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) 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 Resorts Co KSCC (Muntazahat) Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Kuwait Resorts Co KSCC (Muntazahat)'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jaber Al-Mobarak Street, Sheroq Touwer, 5th Floor, P.O. Box 5601, Sharq, Kuwait City, KWT, 13057

Website

https://www.muntazahat.com.kw

Kuwait Resorts Co KSCC (Muntazahat) is engaged in managing, investing, owning selling, and acquiring real estate lands and developing them into hotels, motels, clubs, resorts, parks, exhibitions, restaurants, commercial complexes, and sports clubs. Its activities include the creation and management, operation, investment, and renting of hotels, health clubs, motels and guest houses, rest houses, parks, gardens, galleries, restaurants and cafeterias and residential complexes, resorts and tourist facilities, and health projects, recreational and sports shops at various grades and levels, including all services, assistance, and facilities thereto and other necessary services.

Kuwait Resorts Co KSCC (Muntazahat) (KUW:MUNTAZAHAT) Headlines

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