Zamil Industrial Investment Co (SAU:2240) Debt-to-Equity : 5.32 (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Zamil Industrial Investment Co Debt-to-Equity?

Zamil Industrial Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼2,301 Mil. Zamil Industrial Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼21 Mil. Zamil Industrial Investment Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼436 Mil. Zamil Industrial Investment Co's debt to equity for the quarter that ended in Mar. 2024 was 5.32.

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 Zamil Industrial Investment Co's Debt-to-Equity or its related term are showing as below:

SAU:2240' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.28 Med: 2.15 Max: 5.32
Current: 5.32

During the past 13 years, the highest Debt-to-Equity Ratio of Zamil Industrial Investment Co was 5.32. The lowest was 1.28. And the median was 2.15.

SAU:2240's Debt-to-Equity is ranked worse than
98.16% of 1525 companies
in the Construction industry
Industry Median: 0.44 vs SAU:2240: 5.32

Zamil Industrial Investment Co Debt-to-Equity Historical Data

The historical data trend for Zamil Industrial Investment 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.

* Premium members only.

Zamil Industrial Investment Co Debt-to-Equity Chart

Zamil Industrial Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.17

2.15

2.64

3.77

5.21

Zamil Industrial Investment Co 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															3.76	4.75	4.81	5.21	5.32

Competitive Comparison of Zamil Industrial Investment Co's Debt-to-Equity

For the Building Products & Equipment subindustry, Zamil Industrial Investment 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.

Zamil Industrial Investment Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zamil Industrial Investment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zamil Industrial Investment Co's Debt-to-Equity falls into.

Zamil Industrial Investment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zamil Industrial Investment 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
	=	(2331.44	+	23.684)	/	451.803
	=	5.21

Zamil Industrial Investment Co'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
	=	(2301.013	+	20.905)	/	436.344
	=	5.32

Zamil Industrial Investment Co (SAU:2240) 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.

Zamil Industrial Investment Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Zamil Industrial Investment Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Zamil Industrial Investment Co (SAU:2240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zamil Industrial Investment Co (SAU:2240) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

P. O. Box 14441, Dammam, SAU, 31424

Website

https://www.zamilindustrial.com

Zamil Industrial Investment Co is engaged in the development of design and engineering solutions for use in the construction industry. It designs and manufactures pre-engineered steel buildings, steel structures, air conditioning and climate control systems, telecom and transmission towers, process equipment, precast concrete building products, rock wool, fiberglass and engineered plastic foam insulations, and solar power projects. Its operating segments are the Air conditioners industry; the Steel industry; the Insulation industry; and Corporate and others. The key revenue is derived from the Air conditioners industry and the Steel industry. The company has a business presence in Saudi Arabia, Africa, and Other Asian countries, of which key revenue is derived from Saudi Arabia.

Zamil Industrial Investment Co (SAU:2240) Headlines

No Headlines