Etihad Etisalat Co JSC (SAU:7020) Debt-to-Equity : 0.54 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Etihad Etisalat Co JSC Debt-to-Equity?

Etihad Etisalat Co JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼1,933 Mil. Etihad Etisalat Co JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼7,931 Mil. Etihad Etisalat Co JSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼18,261 Mil. Etihad Etisalat Co JSC's debt to equity for the quarter that ended in Mar. 2024 was 0.54.

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

SAU:7020' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 0.96 Max: 1.11
Current: 0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Etihad Etisalat Co JSC was 1.11. The lowest was 0.54. And the median was 0.96.

SAU:7020's Debt-to-Equity is ranked better than
54.65% of 344 companies
in the Telecommunication Services industry
Industry Median: 0.645 vs SAU:7020: 0.54

Etihad Etisalat Co JSC Debt-to-Equity Historical Data

The historical data trend for Etihad Etisalat Co JSC'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.

Etihad Etisalat Co JSC Debt-to-Equity Chart

Etihad Etisalat Co JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.08

0.98

0.92

0.79

0.66

Etihad Etisalat Co JSC 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															0.73	0.74	0.69	0.66	0.54

Competitive Comparison of Etihad Etisalat Co JSC's Debt-to-Equity

For the Telecom Services subindustry, Etihad Etisalat Co JSC'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.

Etihad Etisalat Co JSC's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Etihad Etisalat Co JSC's Debt-to-Equity distribution charts can be found below:

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

Etihad Etisalat Co JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Etihad Etisalat Co JSC'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
	=	(2789.766	+	8744.457)	/	17622.607
	=	0.65

Etihad Etisalat Co JSC'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
	=	(1933.114	+	7931.182)	/	18260.839
	=	0.54

Etihad Etisalat Co JSC (SAU:7020) 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.

Etihad Etisalat Co JSC Debt-to-Equity Related Terms

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

Etihad Etisalat Co JSC (SAU:7020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Etihad Etisalat Co JSC (SAU:7020) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 23088, Riyadh, SAU, 11321

Website

https://www.mobily.com.sa

Etihad Etisalat Co JSC operates in the telecom sector. The company also manages, installs and operates telephone networks, terminals, and telecommunication unit systems, as well as to sell and maintain mobile phones and telecommunication units in the Kingdom of Saudi Arabia. The company provides integrated services for three main sectors; individuals, businesses, and carriers. All of the company's operations are principally conducted in the Kingdom of Saudi Arabia.

Etihad Etisalat Co JSC (SAU:7020) Headlines

No Headlines