Boursa Kuwait Securities Co KPSC (KUW:BOURSA) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Boursa Kuwait Securities Co KPSC Debt-to-Equity?

Boursa Kuwait Securities Co KPSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD0.10 Mil. Boursa Kuwait Securities Co KPSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD0.46 Mil. Boursa Kuwait Securities Co KPSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD54.06 Mil. Boursa Kuwait Securities Co KPSC's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Boursa Kuwait Securities Co KPSC's Debt-to-Equity or its related term are showing as below:

KUW:BOURSA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.03
Current: 0.01

During the past 6 years, the highest Debt-to-Equity Ratio of Boursa Kuwait Securities Co KPSC was 0.03. The lowest was 0.01. And the median was 0.02.

KUW:BOURSA's Debt-to-Equity is ranked better than
99.84% of 611 companies
in the Capital Markets industry
Industry Median: 0.36 vs KUW:BOURSA: 0.01

Boursa Kuwait Securities Co KPSC Debt-to-Equity Historical Data

The historical data trend for Boursa Kuwait Securities Co KPSC'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.

Boursa Kuwait Securities Co KPSC Debt-to-Equity Chart

Boursa Kuwait Securities Co KPSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.02

0.01

Boursa Kuwait Securities Co KPSC 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															0.02	0.01	0.01	0.01	0.01

Competitive Comparison of Boursa Kuwait Securities Co KPSC's Debt-to-Equity

For the Financial Data & Stock Exchanges subindustry, Boursa Kuwait Securities Co KPSC'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.

Boursa Kuwait Securities Co KPSC's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Boursa Kuwait Securities Co KPSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Boursa Kuwait Securities Co KPSC's Debt-to-Equity falls into.

Boursa Kuwait Securities Co KPSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Boursa Kuwait Securities Co KPSC'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
	=	(0.222	+	0.492)	/	64.23
	=	0.01

Boursa Kuwait Securities Co KPSC'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
	=	(0.101	+	0.455)	/	54.057
	=	0.01

Boursa Kuwait Securities Co KPSC (KUW:BOURSA) 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.

Boursa Kuwait Securities Co KPSC Debt-to-Equity Related Terms

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Boursa Kuwait Securities Co KPSC (KUW:BOURSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Boursa Kuwait Securities Co KPSC (KUW:BOURSA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dasman, P.O.Box 1027, Kuwait City, KWT, 15461

Website

https://www.boursakuwait.com.kw

Boursa Kuwait Securities Co KPSC operates as a financial exchange and clearing house in Kuwait. The company also provides securities-related services to participants in the financial sector. Its segment includes securities exchange and clearing, out of which the majority is from the securities exchange.

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