Emaar the Economic City JSC (SAU:4220) Debt-to-Equity : 1.09 (As of Dec. 2023)

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What is Emaar the Economic City JSC Debt-to-Equity?

Emaar the Economic City JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼6,956 Mil. Emaar the Economic City JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼33 Mil. Emaar the Economic City JSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼6,406 Mil. Emaar the Economic City JSC's debt to equity for the quarter that ended in Dec. 2023 was 1.09.

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 Emaar the Economic City JSC's Debt-to-Equity or its related term are showing as below:

SAU:4220' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.75 Med: 1 Max: 1.57
Current: 1.09

During the past 13 years, the highest Debt-to-Equity Ratio of Emaar the Economic City JSC was 1.57. The lowest was 0.75. And the median was 1.00.

SAU:4220's Debt-to-Equity is ranked worse than
62.91% of 1588 companies
in the Real Estate industry
Industry Median: 0.76 vs SAU:4220: 1.09

Emaar the Economic City JSC Debt-to-Equity Historical Data

The historical data trend for Emaar the Economic City JSC'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.

Emaar the Economic City JSC Debt-to-Equity Chart

Emaar the Economic City JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.21

1.57

0.80

0.95

1.09

Emaar the Economic City JSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.95	1.00	1.01	1.04	1.09

Competitive Comparison of Emaar the Economic City JSC's Debt-to-Equity

For the Real Estate - Development subindustry, Emaar the Economic City JSC'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.

Emaar the Economic City JSC's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar the Economic City JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Emaar the Economic City JSC's Debt-to-Equity falls into.

Emaar the Economic City JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emaar the Economic City JSC'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
	=	(6955.732	+	32.794)	/	6406.248
	=	1.09

Emaar the Economic City JSC's Debt to Equity Ratio for the quarter 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
	=	(6955.732	+	32.794)	/	6406.248
	=	1.09

Emaar the Economic City JSC (SAU:4220) 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.

Emaar the Economic City JSC Debt-to-Equity Related Terms

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Emaar the Economic City JSC (SAU:4220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Emaar the Economic City JSC (SAU:4220) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Abdullah Economic City, Rabigh, SAU

Website

https://www.kaec.net

Emaar the Economic City JSC is a real estate development and management company. The main activity of the company is the development of the King Abdullah Economic City (KAEC). It is also engaged in the development of real estate in the economic and other zones and other development activities, including infrastructures, promotion, marketing and sale of land within development areas, development of buildings and housing units, and construction on behalf of other parties.

Emaar the Economic City JSC (SAU:4220) Headlines

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