Mivne Real Estate (K.D) (XTAE:MVNE) Debt-to-Equity : 1.03 (As of Sep. 2024)

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What is Mivne Real Estate (K.D) Debt-to-Equity?

Mivne Real Estate (K.D)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪897 Mil. Mivne Real Estate (K.D)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪7,617 Mil. Mivne Real Estate (K.D)'s Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₪8,309 Mil. Mivne Real Estate (K.D)'s debt to equity for the quarter that ended in Sep. 2024 was 1.02.

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 Mivne Real Estate (K.D)'s Debt-to-Equity or its related term are showing as below:

XTAE:MVNE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.74 Med: 1.04 Max: 3.96
Current: 1.03

During the past 13 years, the highest Debt-to-Equity Ratio of Mivne Real Estate (K.D) was 3.96. The lowest was 0.74. And the median was 1.04.

XTAE:MVNE's Debt-to-Equity is ranked worse than
62.26% of 1558 companies
in the Real Estate industry
Industry Median: 0.735 vs XTAE:MVNE: 1.03

Mivne Real Estate (K.D) Debt-to-Equity Historical Data

The historical data trend for Mivne Real Estate (K.D)'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.

Mivne Real Estate (K.D) Debt-to-Equity Chart

Mivne Real Estate (K.D) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.06

0.89

0.88

0.83

0.97

Mivne Real Estate (K.D) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.99	0.97	1.05	1.02	1.03

Competitive Comparison of Mivne Real Estate (K.D)'s Debt-to-Equity

For the Real Estate Services subindustry, Mivne Real Estate (K.D)'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.

Mivne Real Estate (K.D)'s Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mivne Real Estate (K.D)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mivne Real Estate (K.D)'s Debt-to-Equity falls into.

Mivne Real Estate (K.D) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mivne Real Estate (K.D)'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
	=	(709.672	+	7120.074)	/	8053.828
	=	0.97

Mivne Real Estate (K.D)'s Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(897.463	+	7617.379)	/	8309.235
	=	1.02

Mivne Real Estate (K.D) (XTAE:MVNE) 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.

Mivne Real Estate (K.D) Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Mivne Real Estate (K.D)'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Mivne Real Estate (K.D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mivne Real Estate (K.D) Ltd (XTAE:MVNE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

7 Totzeret Haaretz Street, Tel Aviv, ISR, 9212

Website

https://www.mivnegroup.co.il

Mivne Real Estate (K.D) Ltd has two segments which are cash-generating properties that engage, by themselves and through its investees, in varied real estate activity centering on Israel; the Residential real estate development field is active in the development of residential real estate in Israel including locating, initiating, planning, developing, building, marketing and selling residential construction in Israel, and Others.

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