Kardan NV (XTAE:KRNV-M) Debt-to-Equity : -3.81 (As of Dec. 2022)

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What is Kardan NV Debt-to-Equity?

Kardan NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₪546.0 Mil. Kardan NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₪273.2 Mil. Kardan NV's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ₪-215.0 Mil. Kardan NV's debt to equity for the quarter that ended in Dec. 2022 was -3.81.

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 Kardan NV's Debt-to-Equity or its related term are showing as below:

XTAE:KRNV-M' s Debt-to-Equity Range Over the Past 10 Years
Min: -91.41 Med: -1.36 Max: 11.15
Current: -3.81

During the past 13 years, the highest Debt-to-Equity Ratio of Kardan NV was 11.15. The lowest was -91.41. And the median was -1.36.

XTAE:KRNV-M's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.75 vs XTAE:KRNV-M: -3.81

Kardan NV Debt-to-Equity Historical Data

The historical data trend for Kardan NV'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.

Kardan NV Debt-to-Equity Chart

Kardan NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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-6.45

-2.62

-1.50

-1.23

-3.81

Kardan NV Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Equity	Get a 7-Day Free Trial													-6.45	-2.62	-1.50	-1.23	-3.81

Competitive Comparison of Kardan NV's Debt-to-Equity

For the Real Estate - Development subindustry, Kardan NV'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.

Kardan NV's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kardan NV's Debt-to-Equity distribution charts can be found below:

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

Kardan NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kardan NV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(546.041	+	273.236)	/	-215.013
	=	-3.81

Kardan NV's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(546.041	+	273.236)	/	-215.013
	=	-3.81

Kardan NV (XTAE:KRNV-M) 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.

Kardan NV Debt-to-Equity Related Terms

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Kardan NV (XTAE:KRNV-M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kardan NV (XTAE:KRNV-M) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Kingsfordweg 151, Amsterdam, NH, NLD, 1043

Website

https://www.kardan.nl

Kardan NV is an investment company. The company through its subsidiaries is engaged in the development of real estate in Asia. Real estate includes the development of residential apartments, mixed-use projects, and combination shopping centers with residential and small office apartments. The company reports in three segments that are: Real estate development, Water infrastructure and Investment property. The Real Estate - Investment Property segment includes the results of the operation of the Galleria Dalian shopping mall; the Real-Estate Development segment includes the results of the residential development of the Europark Dalian project and others.

Kardan NV (XTAE:KRNV-M) Headlines

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