Shikun & Binui (Shikun & Binui) Debt-to-Equity : 2.84 (As of Dec. 2023)

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What is Shikun & Binui Debt-to-Equity?

Shikun & Binui's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,353 Mil. Shikun & Binui's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,529 Mil. Shikun & Binui's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,366 Mil. Shikun & Binui's debt to equity for the quarter that ended in Dec. 2023 was 2.84.

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 Shikun & Binui's Debt-to-Equity or its related term are showing as below:

SKBNF' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.84 Med: 3.44 Max: 4.18
Current: 2.84

During the past 13 years, the highest Debt-to-Equity Ratio of Shikun & Binui was 4.18. The lowest was 2.84. And the median was 3.44.

SKBNF's Debt-to-Equity is ranked worse than
94.91% of 1514 companies
in the Construction industry
Industry Median: 0.44 vs SKBNF: 2.84

Shikun & Binui Debt-to-Equity Historical Data

The historical data trend for Shikun & Binui'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.

Shikun & Binui Debt-to-Equity Chart

Shikun & Binui Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.39

3.38

3.91

3.09

2.84

Shikun & Binui 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															3.09	2.95	3.89	2.72	2.84

Competitive Comparison of Shikun & Binui's Debt-to-Equity

For the Engineering & Construction subindustry, Shikun & Binui'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.

Shikun & Binui's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shikun & Binui's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shikun & Binui's Debt-to-Equity falls into.

Shikun & Binui Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shikun & Binui'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
	=	(1352.596	+	2528.72)	/	1365.509
	=	2.84

Shikun & Binui'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
	=	(1352.596	+	2528.72)	/	1365.509
	=	2.84

Shikun & Binui (OTCPK:SKBNF) 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.

Shikun & Binui Debt-to-Equity Related Terms

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Shikun & Binui (Shikun & Binui) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shikun & Binui Ltd (OTCPK:SKBNF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SKBN:Israel

Address

1A Hayarden Street, P.O.B 1133, Airport City, ISR, 7010000

Website

https://www.shikunbinui.com

Shikun & Binui is an Israel-based company that carries out public-private partnership projects that focus on the financing, construction, and operation of infrastructure and civil engineering projects; development and construction of residential buildings and commercial projects; operation of rental properties; development of power generation facilities based on solar photovoltaic energy; solar thermal energy; and operation of water desalination and purification initiatives. The construction segments make up the majority of the company's revenue. Shikun & Binui's key areas of operation are the Americas, Africa, Europe, and Israel.