Sumou Real Estate Co (SAU:4323) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is Sumou Real Estate Co Debt-to-Equity?

Sumou Real Estate Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼1.9 Mil. Sumou Real Estate Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼18.0 Mil. Sumou Real Estate Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼555.7 Mil. Sumou Real Estate Co's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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 Sumou Real Estate Co's Debt-to-Equity or its related term are showing as below:

SAU:4323' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.37
Current: 0.04

During the past 5 years, the highest Debt-to-Equity Ratio of Sumou Real Estate Co was 0.37. The lowest was 0.00. And the median was 0.04.

SAU:4323's Debt-to-Equity is ranked better than
93.1% of 1579 companies
in the Real Estate industry
Industry Median: 0.75 vs SAU:4323: 0.04

Sumou Real Estate Co Debt-to-Equity Historical Data

The historical data trend for Sumou Real Estate 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.

Sumou Real Estate Co Debt-to-Equity Chart

Sumou Real Estate Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.37

0.27

0.05

0.04

Sumou Real Estate Co Quarterly Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									N/A	0.04	0.04	0.04	0.04

Competitive Comparison of Sumou Real Estate Co's Debt-to-Equity

For the Real Estate - Development subindustry, Sumou Real Estate 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.

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

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

* The bar in red indicates where Sumou Real Estate Co's Debt-to-Equity falls into.

Sumou Real Estate Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sumou Real Estate 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
	=	(1.434	+	18.725)	/	536.715
	=	0.04

Sumou Real Estate Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(1.931	+	18.031)	/	555.746
	=	0.04

Sumou Real Estate Co (SAU:4323) 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.

Sumou Real Estate Co Debt-to-Equity Related Terms

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Sumou Real Estate Co (SAU:4323) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sumou Real Estate Co (SAU:4323) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Prince Turki bin Abdulaziz street, Sumou Tower - P.O.Box 250, Al-Yarmouk District, AlKhobar, SAU, 31952

Website

https://www.sumou.com.sa

Sumou Real Estate Co is engaged in executing and managing real estate development and investment projects in the Kingdom of Saudi Arabia. The company's projects portfolio includes commercial centers, residential complexes, housing units, infrastructure for industrial, and commercial facilities, economic cities, and free zones.

Sumou Real Estate Co (SAU:4323) Headlines

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