SICOudi REIT Fund (SAU:4337) Debt-to-Equity : 0.59 (As of Jun. 2024)

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What is SICOudi REIT Fund Debt-to-Equity?

SICOudi REIT Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼149.89 Mil. SICOudi REIT Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼0.00 Mil. SICOudi REIT Fund's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ﷼255.85 Mil. SICOudi REIT Fund's debt to equity for the quarter that ended in Jun. 2024 was 0.59.

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 SICOudi REIT Fund's Debt-to-Equity or its related term are showing as below:

SAU:4337' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.37 Max: 0.59
Current: 0.59

During the past 5 years, the highest Debt-to-Equity Ratio of SICOudi REIT Fund was 0.59. The lowest was 0.29. And the median was 0.37.

SAU:4337's Debt-to-Equity is ranked better than
67.18% of 713 companies
in the REITs industry
Industry Median: 0.79 vs SAU:4337: 0.59

SICOudi REIT Fund Debt-to-Equity Historical Data

The historical data trend for SICOudi REIT Fund'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.

SICOudi REIT Fund Debt-to-Equity Chart

SICOudi REIT Fund Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.30

0.37

0.42

SICOudi REIT Fund Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial					0.29	0.37	0.41	0.42	0.59

Competitive Comparison of SICOudi REIT Fund's Debt-to-Equity

For the REIT - Diversified subindustry, SICOudi REIT Fund'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.

SICOudi REIT Fund's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, SICOudi REIT Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SICOudi REIT Fund's Debt-to-Equity falls into.

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SICOudi REIT Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SICOudi REIT Fund'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
	=	(149.892	+	0)	/	357.958
	=	0.42

SICOudi REIT Fund'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
	=	(149.892	+	0)	/	255.85
	=	0.59

SICOudi REIT Fund (SAU:4337) 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.

SICOudi REIT Fund Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of SICOudi REIT Fund's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

SICOudi REIT Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SICO Saudi REIT Fund (SAU:4337) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7702 King Fahd Road, CMC Tower, 5th floor, Al Malqa District, Riyadh, SAU, 13524

Website

https://www.sicocapital.com

SICO Saudi REIT Fund is a closed-ended Shariah-compliant real estate investment traded fund. The main objective of the Fund is to provide current income to investors by investing in real estate assets that have been developed with income generating and investment development by investing in real estate assets in Saudi Arabia (excluding Makkah and Madinah). The fund invests mainly in real estate in Saudi Arabia.

SICOudi REIT Fund Headlines

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