Edarat Communication And Information Technology Co (SAU:9557) Debt-to-Equity : 0.07 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Edarat Communication And Information Technology Co Debt-to-Equity?

Edarat Communication And Information Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼1.27 Mil. Edarat Communication And Information Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼1.38 Mil. Edarat Communication And Information Technology Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼39.03 Mil. Edarat Communication And Information Technology Co's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 Edarat Communication And Information Technology Co's Debt-to-Equity or its related term are showing as below:

SAU:9557' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.15 Max: 0.18
Current: 0.07

During the past 3 years, the highest Debt-to-Equity Ratio of Edarat Communication And Information Technology Co was 0.18. The lowest was 0.07. And the median was 0.15.

SAU:9557's Debt-to-Equity is ranked better than
71.58% of 2213 companies
in the Software industry
Industry Median: 0.21 vs SAU:9557: 0.07

Edarat Communication And Information Technology Co Debt-to-Equity Historical Data

The historical data trend for Edarat Communication And Information Technology 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.

Edarat Communication And Information Technology Co Debt-to-Equity Chart

Edarat Communication And Information Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.18

0.15

0.07

Edarat Communication And Information Technology Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	0.18	N/A	0.15	0.13	0.07

Competitive Comparison of Edarat Communication And Information Technology Co's Debt-to-Equity

For the Information Technology Services subindustry, Edarat Communication And Information Technology 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.

Edarat Communication And Information Technology Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Edarat Communication And Information Technology Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Edarat Communication And Information Technology Co's Debt-to-Equity falls into.

Edarat Communication And Information Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Edarat Communication And Information Technology 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
	=	(1.27	+	1.375)	/	39.031
	=	0.07

Edarat Communication And Information Technology Co'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
	=	(1.27	+	1.375)	/	39.031
	=	0.07

Edarat Communication And Information Technology Co (SAU:9557) 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.

Edarat Communication And Information Technology Co Debt-to-Equity Related Terms

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

Edarat Communication And Information Technology Co (SAU:9557) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edarat Communication And Information Technology Co (SAU:9557) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Nasir Bin Saud Bin Farhan Al Saud Street, Al Yasmeen District, Riyadh, SAU, 13322

Website

https://www.edaratgroup.com

Edarat Communication And Information Technology Co is a Cloud Service Provider, and a Data Center Consulting Company. It is a technology services company delivering critical facilities engineering, technology consulting, and cloud-managed services that help its clients build, modernize and transform their IT infrastructure to support their business strategies. Its services include advisory, data center engineering, smart cities & smart building technology (IoT), workload migration, and cloud services.

Edarat Communication And Information Technology Co (SAU:9557) Headlines

No Headlines