Waja Co (SAU:9560) Debt-to-Equity : 0.10 (As of Jun. 2024)

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What is Waja Co Debt-to-Equity?

Waja Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼10.3 Mil. Waja Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼0.0 Mil. Waja Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ﷼102.7 Mil. Waja Co's debt to equity for the quarter that ended in Jun. 2024 was 0.10.

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

SAU:9560' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.1 Max: 0.14
Current: 0.1

During the past 2 years, the highest Debt-to-Equity Ratio of Waja Co was 0.14. The lowest was 0.07. And the median was 0.10.

SAU:9560's Debt-to-Equity is ranked better than
81.34% of 1549 companies
in the Construction industry
Industry Median: 0.44 vs SAU:9560: 0.10

Waja Co Debt-to-Equity Historical Data

The historical data trend for Waja 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.

Waja Co Debt-to-Equity Chart

Waja Co Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

0.07

0.11

Waja Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	N/A	0.07	0.14	0.11	0.10

Competitive Comparison of Waja Co's Debt-to-Equity

For the Engineering & Construction subindustry, Waja 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.

Waja Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Waja Co's Debt-to-Equity distribution charts can be found below:

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

Waja Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Waja 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
	=	(10.267	+	0.145)	/	95.247
	=	0.11

Waja Co'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
	=	(10.264	+	0.017)	/	102.69
	=	0.10

Waja Co (SAU:9560) 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.

Waja Co Debt-to-Equity Related Terms

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Waja Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Waja Co (SAU:9560) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahd Branch Road, North, P.O. Box 2370, Al-Anoud Tower 2, South Tower, 17th Floor, Al Olaya District, Riyadh, SAU, 12214

Website

https://www.waja.com.sa

Waja Co is a multi-sector company, with main affiliated activities in each Construction, Media & Communication, and Information Technology. It is mainly engaged in two segments which include the Contracting business sector and Operation and maintenance sector. The majority of the revenue derives from the Contracting business sector.

Waja Co Headlines

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