Saudi Company for Hardware (SAU:4008) Debt-to-Equity : 1.19 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Saudi Company for Hardware Debt-to-Equity?

Saudi Company for Hardware's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼108.6 Mil. Saudi Company for Hardware's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼299.6 Mil. Saudi Company for Hardware's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼343.7 Mil. Saudi Company for Hardware's debt to equity for the quarter that ended in Dec. 2023 was 1.19.

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 Saudi Company for Hardware's Debt-to-Equity or its related term are showing as below:

SAU:4008' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.75 Max: 1.71
Current: 1.19

During the past 10 years, the highest Debt-to-Equity Ratio of Saudi Company for Hardware was 1.71. The lowest was 0.15. And the median was 0.75.

SAU:4008's Debt-to-Equity is ranked worse than
73.8% of 1000 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs SAU:4008: 1.19

Saudi Company for Hardware Debt-to-Equity Historical Data

The historical data trend for Saudi Company for Hardware'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.

Saudi Company for Hardware Debt-to-Equity Chart

Saudi Company for Hardware Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.54

1.06

1.71

1.41

1.19

Saudi Company for Hardware 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															1.41	1.29	1.17	1.09	1.19

Competitive Comparison of Saudi Company for Hardware's Debt-to-Equity

For the Specialty Retail subindustry, Saudi Company for Hardware'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.

Saudi Company for Hardware's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Saudi Company for Hardware's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Saudi Company for Hardware's Debt-to-Equity falls into.

Saudi Company for Hardware Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saudi Company for Hardware'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
	=	(108.57	+	299.618)	/	343.747
	=	1.19

Saudi Company for Hardware'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
	=	(108.57	+	299.618)	/	343.747
	=	1.19

Saudi Company for Hardware (SAU:4008) 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.

Saudi Company for Hardware Debt-to-Equity Related Terms

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

Saudi Company for Hardware (SAU:4008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Saudi Company for Hardware (SAU:4008) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Ibn Abdul Aziz Street, P.O.Box 86387, Riyadh, SAU, 11622

Website

https://www.saco.sa

Saudi Company for Hardware is engaged in retailing and wholesaling of household and office supplies and appliances, construction tools and equipment, and electrical tools and hardware. It operates in two segments, Sales of goods and Services and Logistic Services. Company generates majority of its revenue from Sales of goods segment.

Saudi Company for Hardware (SAU:4008) Headlines

No Headlines