United International Transportation Co (SAU:4260) Debt-to-Equity : 0.35 (As of Dec. 2023)

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What is United International Transportation Co Debt-to-Equity?

United International Transportation Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼292 Mil. United International Transportation Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼350 Mil. United International Transportation Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼1,860 Mil. United International Transportation Co's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

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 United International Transportation Co's Debt-to-Equity or its related term are showing as below:

SAU:4260' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.25 Max: 0.84
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of United International Transportation Co was 0.84. The lowest was 0.02. And the median was 0.25.

SAU:4260's Debt-to-Equity is ranked better than
53.18% of 927 companies
in the Business Services industry
Industry Median: 0.38 vs SAU:4260: 0.35

United International Transportation Co Debt-to-Equity Historical Data

The historical data trend for United International Transportation 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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United International Transportation Co Debt-to-Equity Chart

United International Transportation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.08

0.02

0.26

0.35

United International Transportation Co 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															0.26	0.30	0.38	0.38	0.35

Competitive Comparison of United International Transportation Co's Debt-to-Equity

For the Rental & Leasing Services subindustry, United International Transportation 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.

United International Transportation Co's Debt-to-Equity Distribution in the Business Services Industry

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

* The bar in red indicates where United International Transportation Co's Debt-to-Equity falls into.

United International Transportation Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

United International Transportation 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
	=	(291.76	+	349.617)	/	1860.348
	=	0.34

United International Transportation Co'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
	=	(291.76	+	349.617)	/	1860.348
	=	0.34

United International Transportation Co (SAU:4260) 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.

United International Transportation Co Debt-to-Equity Related Terms

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United International Transportation Co (SAU:4260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » United International Transportation Co Ltd (SAU:4260) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6695 King Abdul Aziz Road, Unit No. 92, Al Basatin District, Jeddah, SAU, 23719-4327

Website

https://www.budgetsaudi.com

United International Transportation Co Ltd operates as a car rental company in Saudi Arabia. The company operating segments include Lease, Rental, and others. It generates maximum revenue from the Lease segment. The company services include short- and long-term car rentals, chauffeur-driven services, corporate program, budget express cards, lodge and drive, limousine services and automotive maintenance.

United International Transportation Co (SAU:4260) Headlines

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