GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kuwait Financial Centre-Markaz (KUW:MARKAZ) » Definitions » Debt-to-Equity

Kuwait Financial Centre-Markaz (KUW:MARKAZ) Debt-to-Equity : 0.42 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Kuwait Financial Centre-Markaz Debt-to-Equity?

Kuwait Financial Centre-Markaz's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD1.50 Mil. Kuwait Financial Centre-Markaz's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD42.91 Mil. Kuwait Financial Centre-Markaz's Total Stockholders Equity for the quarter that ended in Dec. 2023 was KWD106.07 Mil. Kuwait Financial Centre-Markaz's debt to equity for the quarter that ended in Dec. 2023 was 0.42.

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 Kuwait Financial Centre-Markaz's Debt-to-Equity or its related term are showing as below:

KUW:MARKAZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32   Med: 0.49   Max: 0.72
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Kuwait Financial Centre-Markaz was 0.72. The lowest was 0.32. And the median was 0.49.

KUW:MARKAZ's Debt-to-Equity is ranked worse than
68.73% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs KUW:MARKAZ: 0.42

Kuwait Financial Centre-Markaz Debt-to-Equity Historical Data

The historical data trend for Kuwait Financial Centre-Markaz'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.

Kuwait Financial Centre-Markaz Debt-to-Equity Chart

Kuwait Financial Centre-Markaz 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 0.70 0.72 0.58 0.62 0.42

Kuwait Financial Centre-Markaz 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 0.62 0.67 1.01 0.83 0.42

Competitive Comparison of Kuwait Financial Centre-Markaz's Debt-to-Equity

For the Asset Management subindustry, Kuwait Financial Centre-Markaz'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.


Kuwait Financial Centre-Markaz's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kuwait Financial Centre-Markaz's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kuwait Financial Centre-Markaz's Debt-to-Equity falls into.



Kuwait Financial Centre-Markaz Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kuwait Financial Centre-Markaz's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Kuwait Financial Centre-Markaz'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.


Kuwait Financial Centre-Markaz  (KUW:MARKAZ) 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.


Kuwait Financial Centre-Markaz Debt-to-Equity Related Terms

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


Kuwait Financial Centre-Markaz (KUW:MARKAZ) Business Description

Traded in Other Exchanges
N/A
Address
Ahmad Al Jaber Street, Universal Tower, Floor 3, P.O. Box 23444,, Safat, KWT, 13095
Kuwait Financial Centre-Markaz is a assets management company. It provides investment banking, Asset management, Real estate management, Wealth management and research.

Kuwait Financial Centre-Markaz (KUW:MARKAZ) Headlines

No Headlines