Saudi Electricity Co (SAU:5110) Debt-to-Equity : 0.43 (As of Dec. 2023)

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What is Saudi Electricity Co Debt-to-Equity?

Saudi Electricity Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼25,026 Mil. Saudi Electricity Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼85,292 Mil. Saudi Electricity Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼256,318 Mil. Saudi Electricity Co's debt to equity for the quarter that ended in Dec. 2023 was 0.43.

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

SAU:5110' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.98 Max: 2.17
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Saudi Electricity Co was 2.17. The lowest was 0.39. And the median was 0.98.

SAU:5110's Debt-to-Equity is ranked better than
69.41% of 474 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs SAU:5110: 0.43

Saudi Electricity Co Debt-to-Equity Historical Data

The historical data trend for Saudi Electricity 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.

Saudi Electricity Co Debt-to-Equity Chart

Saudi Electricity Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.17

0.46

0.43

0.39

0.43

Saudi Electricity 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															0.39	0.40	0.44	0.45	0.43

Competitive Comparison of Saudi Electricity Co's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Saudi Electricity 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.

Saudi Electricity Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Saudi Electricity Co's Debt-to-Equity distribution charts can be found below:

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

Saudi Electricity Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saudi Electricity 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
	=	(25025.863	+	85291.704)	/	256317.712
	=	0.43

Saudi Electricity 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
	=	(25025.863	+	85291.704)	/	256317.712
	=	0.43

Saudi Electricity Co (SAU:5110) 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.

Saudi Electricity Co Debt-to-Equity Related Terms

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Saudi Electricity Co (SAU:5110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Saudi Electricity Co (SAU:5110) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Crossing of Al-Olaya Street, Rihana Bint Zaid Street, P. O. Box 22955, Al-Arid district, Riyadh, SAU, 11416

Website

https://www.se.com.sa

Saudi Electricity Co is principally engaged in the generation, transmission, and distribution of electrical power and customer service activities. The company provides its services to governmental, industrial, agricultural, commercial, and residential sectors. Saudi Electricity operates through three segments namely Generation segment which is involved in the generation and provision of electric power; Transmission segment which is engaged in the transmission of electrical power from generation stations using transmission network, to the distribution network and operation and maintenance of electricity transmission system; and Distribution and Subscriber services segment which includes receipt of electric power from the transmission network and distribution to the company's customers.

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