Commercial Facilities CoK (KUW:FACIL) Debt-to-Equity : 0.72 (As of Mar. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Commercial Facilities CoK Debt-to-Equity?

Commercial Facilities CoK's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD0.00 Mil. Commercial Facilities CoK's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD111.39 Mil. Commercial Facilities CoK's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD155.34 Mil. Commercial Facilities CoK's debt to equity for the quarter that ended in Mar. 2024 was 0.72.

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 Commercial Facilities CoK's Debt-to-Equity or its related term are showing as below:

KUW:FACIL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.63 Med: 0.87 Max: 1.08
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Commercial Facilities CoK was 1.08. The lowest was 0.63. And the median was 0.87.

KUW:FACIL's Debt-to-Equity is ranked better than
60.32% of 431 companies
in the Credit Services industry
Industry Median: 1.13 vs KUW:FACIL: 0.72

Commercial Facilities CoK Debt-to-Equity Historical Data

The historical data trend for Commercial Facilities CoK'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.

Commercial Facilities CoK Debt-to-Equity Chart

Commercial Facilities CoK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.87

0.67

0.71

0.66

Commercial Facilities CoK 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															0.71	0.68	0.68	0.66	0.72

Competitive Comparison of Commercial Facilities CoK's Debt-to-Equity

For the Credit Services subindustry, Commercial Facilities CoK'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.

Commercial Facilities CoK's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Commercial Facilities CoK's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Commercial Facilities CoK's Debt-to-Equity falls into.

Commercial Facilities CoK Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Commercial Facilities CoK'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	+	105.76)	/	160.303
	=	0.66

Commercial Facilities CoK'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	+	111.39)	/	155.335
	=	0.72

Commercial Facilities CoK (KUW:FACIL) 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.

Commercial Facilities CoK Debt-to-Equity Related Terms

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

Commercial Facilities CoK (KUW:FACIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Commercial Facilities Co SAK (KUW:FACIL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdullah Al-Ahmed Street, Sharq, P.O.Box 24284, Safat, Kuwait City, KWT, 13103

Website

http://www.cfc-kw.com

Commercial Facilities Co SAK is a Kuwait-based company engaged in the provision of instalment credit facilities to finance consumer and commercial products. Its services include financing new and used cars, boats, marine equipment, furniture and electrical appliances, basic construction materials, and granting personal cash loans, among others. The company's services fall into four divisions, including Consumer Loans, Cash Loans, Commercial Loans, and Basic Materials Loans. The company also offers its services through online.

Commercial Facilities CoK (KUW:FACIL) Headlines

No Headlines