Saudi Lime Industries Co (SAU:9566) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Saudi Lime Industries Co Debt-to-Equity?

Saudi Lime Industries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼2.7 Mil. Saudi Lime Industries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼1.7 Mil. Saudi Lime Industries Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼275.8 Mil. Saudi Lime Industries Co's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

SAU:9566' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.07
Current: 0.02

During the past 2 years, the highest Debt-to-Equity Ratio of Saudi Lime Industries Co was 0.07. The lowest was 0.02. And the median was 0.04.

SAU:9566's Debt-to-Equity is ranked better than
82.66% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs SAU:9566: 0.02

Saudi Lime Industries Co Debt-to-Equity Historical Data

The historical data trend for Saudi Lime Industries 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.

Saudi Lime Industries Co Debt-to-Equity Chart

Saudi Lime Industries Co Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

0.07

0.02

Saudi Lime Industries Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	N/A	0.07	0.04	0.02

Competitive Comparison of Saudi Lime Industries Co's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Saudi Lime Industries 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.

Saudi Lime Industries Co's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Saudi Lime Industries Co's Debt-to-Equity distribution charts can be found below:

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

Saudi Lime Industries Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saudi Lime Industries 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
	=	(2.658	+	1.732)	/	275.752
	=	0.02

Saudi Lime Industries 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
	=	(2.658	+	1.732)	/	275.752
	=	0.02

Saudi Lime Industries Co (SAU:9566) 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 Lime Industries Co Debt-to-Equity Related Terms

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

Saudi Lime Industries Co (SAU:9566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Saudi Lime Industries Co (SAU:9566) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Al-Kharj Road, P.O Box 355208, Second Industrial City, Riyadh, SAU, 11383

Website

https://saudilime.com

Saudi Lime Industries Co is engaged in the manufacturing of quick and hydrated lime, quicklime powder, the manufacturing of lime sand bricks of various sizes, and the manufacturing of calcium carbonate.

Saudi Lime Industries Co (SAU:9566) Headlines

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