Al-Babtain Power & Telecommunication Co (SAU:2320) Debt-to-Equity : 1.32 (As of Jun. 2024)

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What is Al-Babtain Power & Telecommunication Co Debt-to-Equity?

Al-Babtain Power & Telecommunication Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼1,026 Mil. Al-Babtain Power & Telecommunication Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼268 Mil. Al-Babtain Power & Telecommunication Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ﷼981 Mil. Al-Babtain Power & Telecommunication Co's debt to equity for the quarter that ended in Jun. 2024 was 1.32.

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 Al-Babtain Power & Telecommunication Co's Debt-to-Equity or its related term are showing as below:

SAU:2320' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.87 Max: 1.92
Current: 1.32

During the past 13 years, the highest Debt-to-Equity Ratio of Al-Babtain Power & Telecommunication Co was 1.92. The lowest was 0.31. And the median was 0.87.

SAU:2320's Debt-to-Equity is ranked worse than
83.93% of 1549 companies
in the Construction industry
Industry Median: 0.44 vs SAU:2320: 1.32

Al-Babtain Power & Telecommunication Co Debt-to-Equity Historical Data

The historical data trend for Al-Babtain Power & Telecommunication 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.

Al-Babtain Power & Telecommunication Co Debt-to-Equity Chart

Al-Babtain Power & Telecommunication Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.00

1.21

1.37

1.92

1.54

Al-Babtain Power & Telecommunication 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															1.78	1.75	1.54	1.33	1.32

Competitive Comparison of Al-Babtain Power & Telecommunication Co's Debt-to-Equity

For the Engineering & Construction subindustry, Al-Babtain Power & Telecommunication 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.

Al-Babtain Power & Telecommunication Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Al-Babtain Power & Telecommunication Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Al-Babtain Power & Telecommunication Co's Debt-to-Equity falls into.

Al-Babtain Power & Telecommunication Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Al-Babtain Power & Telecommunication 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
	=	(1038.936	+	357.696)	/	904.837
	=	1.54

Al-Babtain Power & Telecommunication 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
	=	(1025.914	+	267.924)	/	980.749
	=	1.32

Al-Babtain Power & Telecommunication Co (SAU:2320) 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.

Al-Babtain Power & Telecommunication Co Debt-to-Equity Related Terms

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Al-Babtain Power & Telecommunication Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Al-Babtain Power & Telecommunication Co (SAU:2320) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 88373, Al-Sulay District, Riyadh, SAU, 11662

Website

https://www.al-babtain.com.sa

Al-Babtain Power & Telecommunication Co provides solutions for power and telecommunications infrastructure. The company's activity involves establishing and repairing stations and towers of wired and wireless communication and radars. Its operating segment involves (i) the Towers and metal structures sector which includes the production of power transmission towers, galvanized communication towers and their tests, and galvanized steel structures. (ii) Poles and lighting which include the production and galvanization of electricity and lighting poles, masts, and their accessories. (iv) Design, supply, and installation sector which includes the work of supplying, installing, and maintaining communication systems. (v) Solar energy sector and (vi) Headquarters.

Al-Babtain Power & Telecommunication Co Headlines

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