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Tabreed PJSC (DFM:TABREED) Debt-to-Equity : 1.02 (As of Dec. 2023)


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What is Tabreed PJSC Debt-to-Equity?

Tabreed PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ114 Mil. Tabreed PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ6,325 Mil. Tabreed PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ6,318 Mil. Tabreed PJSC's debt to equity for the quarter that ended in Dec. 2023 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 Tabreed PJSC's Debt-to-Equity or its related term are showing as below:

DFM:TABREED' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56   Med: 0.79   Max: 1.3
Current: 1.02

During the past 13 years, the highest Debt-to-Equity Ratio of Tabreed PJSC was 1.30. The lowest was 0.56. And the median was 0.79.

DFM:TABREED's Debt-to-Equity is ranked worse than
56.07% of 478 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs DFM:TABREED: 1.02

Tabreed PJSC Debt-to-Equity Historical Data

The historical data trend for Tabreed 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.

* Premium members only.

Tabreed PJSC Debt-to-Equity Chart

Tabreed PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 1.30 1.28 1.13 1.02

Tabreed PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.13 1.08 1.05 1.06 1.02

Competitive Comparison of Tabreed PJSC's Debt-to-Equity

For the Utilities - Regulated Water subindustry, Tabreed 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.


Tabreed PJSC's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tabreed PJSC's Debt-to-Equity distribution charts can be found below:

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



Tabreed PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tabreed PJSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Tabreed PJSC's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Tabreed PJSC  (DFM:TABREED) 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.


Tabreed PJSC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Tabreed PJSC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Tabreed PJSC (DFM:TABREED) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 29478, Masdar City, Abu Dhabi, ARE
Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.

Tabreed PJSC (DFM:TABREED) Headlines

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