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SALudi Logistics Services Co (SAU:4263) Debt-to-Equity : 1.26 (As of Mar. 2024)


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What is SALudi Logistics Services Co Debt-to-Equity?

SALudi Logistics Services Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼147.9 Mil. SALudi Logistics Services Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼1,522.7 Mil. SALudi Logistics Services Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ﷼1,321.8 Mil. SALudi Logistics Services Co's debt to equity for the quarter that ended in Mar. 2024 was 1.26.

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 SALudi Logistics Services Co's Debt-to-Equity or its related term are showing as below:

SAU:4263' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.26   Med: 1.36   Max: 1.73
Current: 1.26

During the past 2 years, the highest Debt-to-Equity Ratio of SALudi Logistics Services Co was 1.73. The lowest was 1.26. And the median was 1.36.

SAU:4263's Debt-to-Equity is ranked worse than
76.1% of 883 companies
in the Transportation industry
Industry Median: 0.57 vs SAU:4263: 1.26

SALudi Logistics Services Co Debt-to-Equity Historical Data

The historical data trend for SALudi Logistics Services 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.

SALudi Logistics Services Co Debt-to-Equity Chart

SALudi Logistics Services Co Annual Data
Trend Dec22 Dec23
Debt-to-Equity
1.73 1.36

SALudi Logistics Services Co Quarterly Data
Dec22 Mar23 Dec23 Mar24
Debt-to-Equity 1.73 N/A 1.36 1.26

Competitive Comparison of SALudi Logistics Services Co's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, SALudi Logistics Services 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.

SALudi Logistics Services Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SALudi Logistics Services Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SALudi Logistics Services Co's Debt-to-Equity falls into.


SALudi Logistics Services Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SALudi Logistics Services 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
=(105.201 + 1578.25) / 1234.127
=1.36

SALudi Logistics Services Co'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
=(147.865 + 1522.674) / 1321.773
=1.26

* 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.

SALudi Logistics Services Co  (SAU:4263) 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.

SALudi Logistics Services Co Debt-to-Equity Related Terms

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SALudi Logistics Services Co (SAU:4263) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SAL Saudi Logistics Services Co (SAU:4263) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
Prince Sultan Road, P.O. Box 23525, Zahran Building, Salamah, Jeddah, SAU, 2661
Website
https://www.sal.sa
SAL Saudi Logistics Services Co is a company engaged in providing supply chain solutions in Saudi Arabia. It creates integrated solutions to deliver end-to-end services for businesses across the economy wide supply chain. The company has three streams; Air cargo handling, Terminal handling and logistics solutions. The maximum revenue of the company comes from Terminal Handling.

SALudi Logistics Services Co (SAU:4263) Headlines

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