Almarai Co (SAU:2280) Debt-to-Equity : 0.55 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Almarai Co Debt-to-Equity?

Almarai Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼1,031 Mil. Almarai Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼9,086 Mil. Almarai Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼18,337 Mil. Almarai Co's debt to equity for the quarter that ended in Mar. 2024 was 0.55.

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 Almarai Co's Debt-to-Equity or its related term are showing as below:

SAU:2280' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 0.89 Max: 1.04
Current: 0.55

During the past 13 years, the highest Debt-to-Equity Ratio of Almarai Co was 1.04. The lowest was 0.55. And the median was 0.89.

SAU:2280's Debt-to-Equity is ranked worse than
58.51% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs SAU:2280: 0.55

Almarai Co Debt-to-Equity Historical Data

The historical data trend for Almarai Co'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.

Almarai Co Debt-to-Equity Chart

Almarai Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.92

0.74

0.63

0.60

0.70

Almarai Co 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															0.58	0.63	0.73	0.70	0.55

Competitive Comparison of Almarai Co's Debt-to-Equity

For the Packaged Foods subindustry, Almarai Co'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.

Almarai Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Almarai Co's Debt-to-Equity distribution charts can be found below:

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

Almarai Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Almarai Co'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
	=	(3610.751	+	8868.282)	/	17797.719
	=	0.70

Almarai Co'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
	=	(1031.046	+	9085.586)	/	18337.142
	=	0.55

Almarai Co (SAU:2280) 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.

Almarai Co Debt-to-Equity Related Terms

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

Almarai Co (SAU:2280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Almarai Co (SAU:2280) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Exit 7, North Ring Road, P.O. Box 8524, Al Izdihar District, Riyadh, SAU, 11492

Website

https://www.almarai.com

Almarai Co is a manufacturer and distributor of quality and nutritious food and beverages. The company's product portfolio consists of dairy products along with juices, bakery, poultry, and infant formula under the brands Almarai, Joosy Life, Beyti, Teeba, L'usine, 7days, Alyoum, and AlBashayer. Its segments include Dairy and Juice, Bakery, Poultry, and Other activities. The majority of the revenue is derived from the sale of the dairy and Juice segment. Majority of its revenue is generated from Saudi Arabia.

Almarai Co (SAU:2280) Headlines

No Headlines