ISRAEL CANADA (T R) (XTAE:ISCN) Debt-to-Equity : 2.32 (As of Mar. 2024)

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What is ISRAEL CANADA (T R) Debt-to-Equity?

ISRAEL CANADA (T R)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪3,338.3 Mil. ISRAEL CANADA (T R)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪1,831.0 Mil. ISRAEL CANADA (T R)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₪2,227.2 Mil. ISRAEL CANADA (T R)'s debt to equity for the quarter that ended in Mar. 2024 was 2.32.

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 ISRAEL CANADA (T R)'s Debt-to-Equity or its related term are showing as below:

XTAE:ISCN' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.36 Med: 2.32 Max: 2.88
Current: 2.32

During the past 12 years, the highest Debt-to-Equity Ratio of ISRAEL CANADA (T R) was 2.88. The lowest was 1.36. And the median was 2.32.

XTAE:ISCN's Debt-to-Equity is ranked worse than
86.45% of 1579 companies
in the Real Estate industry
Industry Median: 0.76 vs XTAE:ISCN: 2.32

ISRAEL CANADA (T R) Debt-to-Equity Historical Data

The historical data trend for ISRAEL CANADA (T R)'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.

ISRAEL CANADA (T R) Debt-to-Equity Chart

ISRAEL CANADA (T R) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.32

2.55

2.86

2.50

2.32

ISRAEL CANADA (T R) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.58	2.54	2.61	2.32	2.32

Competitive Comparison of ISRAEL CANADA (T R)'s Debt-to-Equity

For the Real Estate - Development subindustry, ISRAEL CANADA (T R)'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.

ISRAEL CANADA (T R)'s Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ISRAEL CANADA (T R)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ISRAEL CANADA (T R)'s Debt-to-Equity falls into.

ISRAEL CANADA (T R) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ISRAEL CANADA (T R)'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
	=	(2942.403	+	2235.081)	/	2229.15
	=	2.32

ISRAEL CANADA (T R)'s Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(3338.338	+	1830.971)	/	2227.246
	=	2.32

ISRAEL CANADA (T R) (XTAE:ISCN) 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.

ISRAEL CANADA (T R) Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of ISRAEL CANADA (T R)'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

ISRAEL CANADA (T R) (XTAE:ISCN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ISRAEL CANADA (T R) Ltd (XTAE:ISCN) » Definitions » Debt-to-Equity

Traded in Other Exchanges

ISLCF:USA

Address

Menofim 2, Herzliya Pituach, Herzliya, ISR

Website

http://www.israel-canada.co.il

ISRAEL CANADA (T R) Ltd is involved in locating, promoting and enhancing properties. The company invests in selected real estate projects in Israel and abroad, while offering its investors a variety of investment alternatives. The company possesses extensive assets in strategic locations in Israel and North America from prestigious residential projects, through commercial assets.

ISRAEL CANADA (T R) (XTAE:ISCN) Headlines

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