AlSaif Stores for Development and Investment Co (SAU:4192) Debt-to-Equity : 0.67 (As of Sep. 2024)

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What is AlSaif Stores for Development and Investment Co Debt-to-Equity?

AlSaif Stores for Development and Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ﷼147.0 Mil. AlSaif Stores for Development and Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ﷼144.7 Mil. AlSaif Stores for Development and Investment Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ﷼437.5 Mil. AlSaif Stores for Development and Investment Co's debt to equity for the quarter that ended in Sep. 2024 was 0.67.

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 AlSaif Stores for Development and Investment Co's Debt-to-Equity or its related term are showing as below:

SAU:4192' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.67 Max: 1.13
Current: 0.67

During the past 3 years, the highest Debt-to-Equity Ratio of AlSaif Stores for Development and Investment Co was 1.13. The lowest was 0.31. And the median was 0.67.

SAU:4192's Debt-to-Equity is ranked worse than
72.63% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.36 vs SAU:4192: 0.67

AlSaif Stores for Development and Investment Co Debt-to-Equity Historical Data

The historical data trend for AlSaif Stores for Development and 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.

AlSaif Stores for Development and Investment Co Debt-to-Equity Chart

AlSaif Stores for Development and Investment Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.46

0.32

1.13

AlSaif Stores for Development and Investment Co Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial							0.67	1.13	0.88	0.80	0.67

Competitive Comparison of AlSaif Stores for Development and Investment Co's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, AlSaif Stores for Development and 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.

AlSaif Stores for Development and Investment Co's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, AlSaif Stores for Development and Investment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where AlSaif Stores for Development and Investment Co's Debt-to-Equity falls into.

AlSaif Stores for Development and Investment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AlSaif Stores for Development and 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
	=	(256.817	+	198.796)	/	402.553
	=	1.13

AlSaif Stores for Development and Investment Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(147.005	+	144.718)	/	437.546
	=	0.67

AlSaif Stores for Development and Investment Co (SAU:4192) 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.

AlSaif Stores for Development and Investment Co Debt-to-Equity Related Terms

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AlSaif Stores for Development and Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » AlSaif Stores for Development and Investment Co (SAU:4192) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saud bin Abdulaziz bin Mohammed Street, Riyadh Altaawon Distrct Emam, P.O. Box 10448, Riyadh, SAU, 11626

Website

https://www.alsaifgallery.com

AlSaif Stores for Development and Investment Co operates in the home utensils and appliances retail sector in Saudi Arabia. The company fulfills customer needs such as by providing small home appliances, kitchenware, serveware, and other home accessories.

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