Salalah Port Services Co (MUS:SPSI) Debt-to-Equity : 0.19 (As of Jun. 2024)

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What is Salalah Port Services Co Debt-to-Equity?

Salalah Port Services Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ر.ع2.60 Mil. Salalah Port Services Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ر.ع11.54 Mil. Salalah Port Services Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ر.ع75.12 Mil. Salalah Port Services Co's debt to equity for the quarter that ended in Jun. 2024 was 0.19.

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 Salalah Port Services Co's Debt-to-Equity or its related term are showing as below:

MUS:SPSI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.18 Max: 0.94
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Salalah Port Services Co was 0.94. The lowest was 0.08. And the median was 0.18.

MUS:SPSI's Debt-to-Equity is ranked better than
79.43% of 880 companies
in the Transportation industry
Industry Median: 0.54 vs MUS:SPSI: 0.19

Salalah Port Services Co Debt-to-Equity Historical Data

The historical data trend for Salalah Port Services Co'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.

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Salalah Port Services Co Debt-to-Equity Chart

Salalah Port Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.21

0.17

0.15

0.13

0.12

Salalah Port Services Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.13	0.12	0.12	0.19

Competitive Comparison of Salalah Port Services Co's Debt-to-Equity

For the Marine Shipping subindustry, Salalah Port Services Co'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.

Salalah Port Services Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Salalah Port Services Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Salalah Port Services Co's Debt-to-Equity falls into.

Salalah Port Services Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Salalah Port Services Co'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
	=	(2.106	+	7.007)	/	75.348
	=	0.12

Salalah Port Services Co's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(2.6	+	11.539)	/	75.12
	=	0.19

Salalah Port Services Co (MUS:SPSI) 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.

Salalah Port Services Co Debt-to-Equity Related Terms

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Salalah Port Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Salalah Port Services Co (MUS:SPSI) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

P.O. Box 369, Salalah, OMN, 211

Website

https://www.salalahport.com.om

Salalah Port Services Co operates the Port of Salalah, which is in the east-west shipping lane of the Sultanate of Oman. Its port activity includes leasing, equipping, operating, and managing Terminals and Cargo. The group operates with two business divisions; Container Terminal and General Cargo Terminal. Its geographical area of operation includes Oman, Europe, Asia, and others of which the Europe region accounts for a larger share of the revenue.

Salalah Port Services Co Headlines

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