Arabian Centres Co (SAU:4321) Debt-to-Equity : 0.96 (As of Jun. 2024)

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What is Arabian Centres Co Debt-to-Equity?

Arabian Centres Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼1,097 Mil. Arabian Centres Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼12,579 Mil. Arabian Centres Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ﷼14,269 Mil. Arabian Centres Co's debt to equity for the quarter that ended in Jun. 2024 was 0.96.

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 Arabian Centres Co's Debt-to-Equity or its related term are showing as below:

SAU:4321' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 1.66 Max: 2
Current: 0.96

During the past 6 years, the highest Debt-to-Equity Ratio of Arabian Centres Co was 2.00. The lowest was 0.69. And the median was 1.66.

SAU:4321's Debt-to-Equity is ranked worse than
58.89% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs SAU:4321: 0.96

Arabian Centres Co Debt-to-Equity Historical Data

The historical data trend for Arabian Centres 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.

Arabian Centres Co Debt-to-Equity Chart

Arabian Centres Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Debt-to-Equity

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1.44

1.88

0.81

0.86

0.85

Arabian Centres 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															0.85	0.87	0.85	0.92	0.96

Competitive Comparison of Arabian Centres Co's Debt-to-Equity

For the Real Estate Services subindustry, Arabian Centres 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.

Arabian Centres Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arabian Centres Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Arabian Centres Co's Debt-to-Equity falls into.

Arabian Centres Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arabian Centres 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
	=	(3433.382	+	8721.592)	/	14271.477
	=	0.85

Arabian Centres 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
	=	(1097.102	+	12579.268)	/	14268.737
	=	0.96

Arabian Centres Co (SAU:4321) 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.

Arabian Centres Co Debt-to-Equity Related Terms

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Arabian Centres Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arabian Centres Co (SAU:4321) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

8838, Prince Turki Ibn Abdulaziz Al Awwal Road, King Saud University District, Riyadh, SAU, 12373-4925

Website

https://www.arabiancentres.com

Arabian Centres Co is a Saudi Arabia-based company. The company owns, operates, and develops lifestyle centers. Its principal activities include the purchase of land for the construction of buildings, development, and investment by selling or renting and contracting works for residential and commercial buildings, including demolition, restoration, drilling, and maintenance work. The company also provides maintenance and operation of commercial centers, tourist resorts, hotels, and restaurants, as well as managing and operating temporary and permanent exhibitions, compounds, and hospitals. It derives the vast majority of its revenue from rental income.

Arabian Centres Co Headlines

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