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Mohammed Hasan Al Naqool Sons (SAU:9514) Debt-to-Equity : 0.71 (As of Jun. 2024)


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What is Mohammed Hasan Al Naqool Sons Debt-to-Equity?

Mohammed Hasan Al Naqool Sons's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼12.78 Mil. Mohammed Hasan Al Naqool Sons's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼23.68 Mil. Mohammed Hasan Al Naqool Sons's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ﷼51.60 Mil. Mohammed Hasan Al Naqool Sons's debt to equity for the quarter that ended in Jun. 2024 was 0.71.

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 Mohammed Hasan Al Naqool Sons's Debt-to-Equity or its related term are showing as below:

SAU:9514' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.1   Max: 0.71
Current: 0.71

During the past 7 years, the highest Debt-to-Equity Ratio of Mohammed Hasan Al Naqool Sons was 0.71. The lowest was 0.01. And the median was 0.10.

SAU:9514's Debt-to-Equity is ranked worse than
75% of 356 companies
in the Building Materials industry
Industry Median: 0.37 vs SAU:9514: 0.71

Mohammed Hasan Al Naqool Sons Debt-to-Equity Historical Data

The historical data trend for Mohammed Hasan Al Naqool Sons'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.

Mohammed Hasan Al Naqool Sons Debt-to-Equity Chart

Mohammed Hasan Al Naqool Sons Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.08 0.31 0.04 0.10 0.18

Mohammed Hasan Al Naqool Sons Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.10 0.06 0.18 0.71

Competitive Comparison of Mohammed Hasan Al Naqool Sons's Debt-to-Equity

For the Building Materials subindustry, Mohammed Hasan Al Naqool Sons'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.


Mohammed Hasan Al Naqool Sons's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Mohammed Hasan Al Naqool Sons's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mohammed Hasan Al Naqool Sons's Debt-to-Equity falls into.



Mohammed Hasan Al Naqool Sons Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mohammed Hasan Al Naqool Sons's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Mohammed Hasan Al Naqool Sons's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


Mohammed Hasan Al Naqool Sons  (SAU:9514) 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.


Mohammed Hasan Al Naqool Sons Debt-to-Equity Related Terms

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Mohammed Hasan Al Naqool Sons Business Description

Traded in Other Exchanges
N/A
Address
Dammam 2nd Industrial City, Dammam, SAU, 34353
Mohammed Hasan Al Naqool Sons engage in the manufacturing and production of ready-mixed concrete. It produces Ready Mix Concrete, bricks, and Blocks.

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