Dr Sulaiman Al Habib Medical Services Group (SAU:4013) Debt-to-Equity : 0.88 (As of Mar. 2024)

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What is Dr Sulaiman Al Habib Medical Services Group Debt-to-Equity?

Dr Sulaiman Al Habib Medical Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼85 Mil. Dr Sulaiman Al Habib Medical Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼5,766 Mil. Dr Sulaiman Al Habib Medical Services Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼6,635 Mil. Dr Sulaiman Al Habib Medical Services Group's debt to equity for the quarter that ended in Mar. 2024 was 0.88.

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 Dr Sulaiman Al Habib Medical Services Group's Debt-to-Equity or its related term are showing as below:

SAU:4013' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 0.59 Max: 0.88
Current: 0.88

During the past 5 years, the highest Debt-to-Equity Ratio of Dr Sulaiman Al Habib Medical Services Group was 0.88. The lowest was 0.49. And the median was 0.59.

SAU:4013's Debt-to-Equity is ranked worse than
68.56% of 547 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs SAU:4013: 0.88

Dr Sulaiman Al Habib Medical Services Group Debt-to-Equity Historical Data

The historical data trend for Dr Sulaiman Al Habib Medical Services Group'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.

Dr Sulaiman Al Habib Medical Services Group Debt-to-Equity Chart

Dr Sulaiman Al Habib Medical Services Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.53

0.54

0.57

0.60

0.80

Dr Sulaiman Al Habib Medical Services Group 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															0.68	0.68	0.78	0.80	0.88

Competitive Comparison of Dr Sulaiman Al Habib Medical Services Group's Debt-to-Equity

For the Medical Care Facilities subindustry, Dr Sulaiman Al Habib Medical Services Group'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.

Dr Sulaiman Al Habib Medical Services Group's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dr Sulaiman Al Habib Medical Services Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Dr Sulaiman Al Habib Medical Services Group's Debt-to-Equity falls into.

Dr Sulaiman Al Habib Medical Services Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dr Sulaiman Al Habib Medical Services Group'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
	=	(137.884	+	5045.534)	/	6485.485
	=	0.80

Dr Sulaiman Al Habib Medical Services Group'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
	=	(84.825	+	5766.302)	/	6634.882
	=	0.88

Dr Sulaiman Al Habib Medical Services Group (SAU:4013) 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.

Dr Sulaiman Al Habib Medical Services Group Debt-to-Equity Related Terms

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Dr Sulaiman Al Habib Medical Services Group (SAU:4013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dr Sulaiman Al Habib Medical Services Group (SAU:4013) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road, P.O. Box 301578, Al Olaya District, Riyadh, SAU, 11372

Website

https://www.hmg.com

Dr Sulaiman Al Habib Medical Services Group is a healthcare operator. The company is engaged in establishing, operating, and managing hospitals, general and specialized medical complexes, dispensaries, health care centers, diagnostics centers as well as radiology centers. It is also involved in import, wholesale and retail sales of medicines, medical products, cosmetics, and medical supplies and equipment. The company reports in three segments are Hospitals/ Healthcare Facilities, Pharmacies, and HMG Solutions / Others. The majority of the revenue is earned from the Hospitals/ Healthcare Facilities segment.

Dr Sulaiman Al Habib Medical Services Group (SAU:4013) Headlines

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