Alkhorayef Water & Power Technologies (SAU:2081) Debt-to-Equity : 1.02 (As of Dec. 2023)

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What is Alkhorayef Water & Power Technologies Debt-to-Equity?

Alkhorayef Water & Power Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼429 Mil. Alkhorayef Water & Power Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼118 Mil. Alkhorayef Water & Power Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼538 Mil. Alkhorayef Water & Power Technologies'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 Alkhorayef Water & Power Technologies's Debt-to-Equity or its related term are showing as below:

SAU:2081' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.82 Max: 1.28
Current: 1.02

During the past 4 years, the highest Debt-to-Equity Ratio of Alkhorayef Water & Power Technologies was 1.28. The lowest was 0.36. And the median was 0.82.

SAU:2081's Debt-to-Equity is ranked worse than
55.77% of 477 companies
in the Utilities - Regulated industry
Industry Median: 0.87 vs SAU:2081: 1.02

Alkhorayef Water & Power Technologies Debt-to-Equity Historical Data

The historical data trend for Alkhorayef Water & Power Technologies'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.

Alkhorayef Water & Power Technologies Debt-to-Equity Chart

Alkhorayef Water & Power Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.36

0.62

1.28

1.02

Alkhorayef Water & Power Technologies Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										1.28	1.40	1.14	1.02	1.02

Competitive Comparison of Alkhorayef Water & Power Technologies's Debt-to-Equity

For the Utilities - Regulated Water subindustry, Alkhorayef Water & Power Technologies'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.

Alkhorayef Water & Power Technologies's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Alkhorayef Water & Power Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Alkhorayef Water & Power Technologies's Debt-to-Equity falls into.

Alkhorayef Water & Power Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alkhorayef Water & Power Technologies'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
	=	(429.062	+	118.297)	/	537.591
	=	1.02

Alkhorayef Water & Power Technologies's Debt to Equity Ratio for the quarter 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
	=	(429.062	+	118.297)	/	537.591
	=	1.02

Alkhorayef Water & Power Technologies (SAU:2081) 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.

Alkhorayef Water & Power Technologies Debt-to-Equity Related Terms

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Alkhorayef Water & Power Technologies (SAU:2081) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Alkhorayef Water & Power Technologies (SAU:2081) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Abdulaziz Road (North) Exit-5, Post Box No. 62637, AlNafal District, Riyadh, SAU, 11595

Website

https://www.awpt.com.sa

Alkhorayef Water & Power Technologies is a player in the Saudi Arabian water and wastewater market. Its business consists of three business divisions: Water segment; Wastewater segment; and Integrated solutions segment. It provides services including water withdrawal and treatment, water networks, wastewater networks, wastewater treatment, city management, stormwater network and lifting stations, and water management services.

Alkhorayef Water & Power Technologies (SAU:2081) Headlines

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