Alkhabeer REIT (SAU:4348) Debt-to-Equity : 0.72 (As of Dec. 2023)

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What is Alkhabeer REIT Debt-to-Equity?

Alkhabeer REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼0.00 Mil. Alkhabeer REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼752.33 Mil. Alkhabeer REIT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼1,045.61 Mil. Alkhabeer REIT's debt to equity for the quarter that ended in Dec. 2023 was 0.72.

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

SAU:4348' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64 Med: 0.7 Max: 0.89
Current: 0.72

During the past 5 years, the highest Debt-to-Equity Ratio of Alkhabeer REIT was 0.89. The lowest was 0.64. And the median was 0.70.

SAU:4348's Debt-to-Equity is ranked better than
56.19% of 678 companies
in the REITs industry
Industry Median: 0.785 vs SAU:4348: 0.72

Alkhabeer REIT Debt-to-Equity Historical Data

The historical data trend for Alkhabeer REIT'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.

Alkhabeer REIT Debt-to-Equity Chart

Alkhabeer REIT Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.64

0.89

0.69

0.70

0.72

Alkhabeer REIT Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.69	0.69	0.70	0.71	0.72

Competitive Comparison of Alkhabeer REIT's Debt-to-Equity

For the REIT - Diversified subindustry, Alkhabeer REIT'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.

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

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

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

Alkhabeer REIT Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alkhabeer REIT'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
	=	(0	+	752.325)	/	1045.609
	=	0.72

Alkhabeer REIT'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
	=	(0	+	752.325)	/	1045.609
	=	0.72

Alkhabeer REIT (SAU:4348) 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.

Alkhabeer REIT Debt-to-Equity Related Terms

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Alkhabeer REIT (SAU:4348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alkhabeer REIT (SAU:4348) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Madinah Al-Munawarah Road, P.O. Box 128289, Jeddah, SAU, 21362

Website

https://www.alkhabeer.com

Alkhabeer REIT is a closed-ended real estate investment traded fund. Its portfolio includes Almalqa Residential Complex in Riyadh, Gallery Mall in Tabuk, Palazzo Center, HomeWorks Center, Ahlan Court, BIN II Plaza, Elite Commercial Center, Elegance Tower, Al Farabi Colleges, Al Farabi Colleges Training Building, Vision Colleges Education Jeddah, and Akun Warehouse.

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