Salik Company PJSC (DFM:SALIK) Debt-to-Equity : 4.25 (As of Mar. 2024)

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What is Salik Company PJSC Debt-to-Equity?

Salik Company PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ1 Mil. Salik Company PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ3,995 Mil. Salik Company PJSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was د.إ940 Mil. Salik Company PJSC's debt to equity for the quarter that ended in Mar. 2024 was 4.25.

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 Salik Company PJSC's Debt-to-Equity or its related term are showing as below:

DFM:SALIK' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.76 Med: 6.05 Max: 68.38
Current: 4.25

During the past 6 years, the highest Debt-to-Equity Ratio of Salik Company PJSC was 68.38. The lowest was -1.76. And the median was 6.05.

DFM:SALIK's Debt-to-Equity is ranked worse than
96.77% of 1515 companies
in the Construction industry
Industry Median: 0.44 vs DFM:SALIK: 4.25

Salik Company PJSC Debt-to-Equity Historical Data

The historical data trend for Salik Company PJSC'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.

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Salik Company PJSC Debt-to-Equity Chart

Salik Company PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-1.76

6.60

6.03

Salik Company PJSC Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									4.53	6.05	10.88	6.03	4.25

Competitive Comparison of Salik Company PJSC's Debt-to-Equity

For the Infrastructure Operations subindustry, Salik Company PJSC'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.

Salik Company PJSC's Debt-to-Equity Distribution in the Construction Industry

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

* The bar in red indicates where Salik Company PJSC's Debt-to-Equity falls into.

Salik Company PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Salik Company PJSC'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
	=	(1.889	+	3994.826)	/	662.547
	=	6.03

Salik Company PJSC'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
	=	(1.438	+	3995.277)	/	939.84
	=	4.25

Salik Company PJSC (DFM:SALIK) 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.

Salik Company PJSC Debt-to-Equity Related Terms

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Salik Company PJSC (DFM:SALIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Salik Company PJSC (DFM:SALIK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marrakesh Street, Al Garhoud, Block C, First Floor, P.O. Box: 118899, Umm Ramool, Roads and Transport Authority Headquarters, Dubai, ARE

Website

https://www.salik.ae

Salik Company PJSC is engaged in the operations and maintenance of toll gates in Dubai. It also is involved in the design and construction of new tollgates, including without limitation, the required tolling equipment, infrastructure, and any other interface requirements.

Salik Company PJSC (DFM:SALIK) Headlines

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