Kuwait Telecommunications Co KSC (KUW:STC) Debt-to-Equity : 0.10 (As of Mar. 2024)

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What is Kuwait Telecommunications Co KSC Debt-to-Equity?

Kuwait Telecommunications Co KSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD5.8 Mil. Kuwait Telecommunications Co KSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD15.8 Mil. Kuwait Telecommunications Co KSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD217.8 Mil. Kuwait Telecommunications Co KSC's debt to equity for the quarter that ended in Mar. 2024 was 0.10.

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

KUW:STC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.12 Max: 2.99
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Kuwait Telecommunications Co KSC was 2.99. The lowest was 0.03. And the median was 0.12.

KUW:STC's Debt-to-Equity is ranked better than
84.26% of 343 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs KUW:STC: 0.10

Kuwait Telecommunications Co KSC Debt-to-Equity Historical Data

The historical data trend for Kuwait Telecommunications 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.

Kuwait Telecommunications Co KSC Debt-to-Equity Chart

Kuwait Telecommunications Co KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.09

0.06

0.14

0.13

Kuwait Telecommunications 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															0.11	0.10	0.10	0.13	0.10

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

For the Telecom Services subindustry, Kuwait Telecommunications 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.

Kuwait Telecommunications Co KSC's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kuwait Telecommunications Co KSC's Debt-to-Equity distribution charts can be found below:

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

Kuwait Telecommunications Co KSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kuwait Telecommunications 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
	=	(5.75	+	25.939)	/	243.866
	=	0.13

Kuwait Telecommunications 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
	=	(5.75	+	15.813)	/	217.754
	=	0.10

Kuwait Telecommunications Co KSC (KUW:STC) 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 Telecommunications Co KSC Debt-to-Equity Related Terms

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Kuwait Telecommunications Co KSC (KUW:STC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Kuwait Telecommunications Co KSC (KUW:STC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Khansa Street, P.O. Box. 181, Olympia Building, Salmiya, KWT, 22002

Website

https://www.stc.com.kw

Kuwait Telecommunications Co KSC is a telecommunication service provider. The company provides internet access using 4G LTE technology, and 5G technology. The principal activities of the company are to purchase, supply, install, operate, and maintain wireless telecommunication devices and equipment. The company offers numerous opportunities in the fields of telecommunications, entertainment, information, digital, and data transfer services.