Naba Alsaha Medical Services Co (SAU:9546) Debt-to-Equity : 0.27 (As of Dec. 2023)

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What is Naba Alsaha Medical Services Co Debt-to-Equity?

Naba Alsaha Medical Services Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼10.4 Mil. Naba Alsaha Medical Services Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼37.8 Mil. Naba Alsaha Medical Services Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼180.1 Mil. Naba Alsaha Medical Services Co's debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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 Naba Alsaha Medical Services Co's Debt-to-Equity or its related term are showing as below:

SAU:9546' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.27 Max: 0.32
Current: 0.27

During the past 3 years, the highest Debt-to-Equity Ratio of Naba Alsaha Medical Services Co was 0.32. The lowest was 0.17. And the median was 0.27.

SAU:9546's Debt-to-Equity is ranked better than
62.79% of 551 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs SAU:9546: 0.27

Naba Alsaha Medical Services Co Debt-to-Equity Historical Data

The historical data trend for Naba Alsaha Medical Services 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.

Naba Alsaha Medical Services Co Debt-to-Equity Chart

Naba Alsaha Medical Services Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.32

0.17

0.27

Naba Alsaha Medical Services Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	0.32	N/A	0.17	0.14	0.27

Competitive Comparison of Naba Alsaha Medical Services Co's Debt-to-Equity

For the Medical Care Facilities subindustry, Naba Alsaha Medical Services 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.

Naba Alsaha Medical Services Co's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Naba Alsaha Medical Services Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Naba Alsaha Medical Services Co's Debt-to-Equity falls into.

Naba Alsaha Medical Services Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Naba Alsaha Medical Services 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
	=	(10.423	+	37.769)	/	180.094
	=	0.27

Naba Alsaha Medical Services 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
	=	(10.423	+	37.769)	/	180.094
	=	0.27

Naba Alsaha Medical Services Co (SAU:9546) 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.

Naba Alsaha Medical Services Co Debt-to-Equity Related Terms

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Naba Alsaha Medical Services Co (SAU:9546) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Naba Alsaha Medical Services Co (SAU:9546) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdullah Bin Hadhlana Street, Al-Khuzama District, Al Khobar, SAU, 31911

Website

https://www.nams.sa

Naba Alsaha Medical Services Co engages in the operation and management of AlZahra Hospital, Manarat Al-Haramain Pharmacy, and the Company's branch for medical services in Al-Khobar. The hospital provides medical services in outpatient and inpatient facilities, surgery, emergency, and intensive care. The pharmacy provides services to AlZahra General Hospital OPD patients and to patients who have medical prescriptions from other hospitals. The branch was established to provide maintenance and housekeeping services to AlZahra General Hospital as well as maintenance services to the hospital housing.

Naba Alsaha Medical Services Co (SAU:9546) Headlines

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