Riyadh Cement Co (SAU:3092) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Riyadh Cement Co Debt-to-Equity?

Riyadh Cement Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼2.8 Mil. Riyadh Cement Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼1.0 Mil. Riyadh Cement Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼1,679.8 Mil. Riyadh Cement Co's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Riyadh Cement Co's Debt-to-Equity or its related term are showing as below:

During the past 6 years, the highest Debt-to-Equity Ratio of Riyadh Cement Co was 0.12. The lowest was 0.00. And the median was 0.00.

SAU:3092's Debt-to-Equity is not ranked ^*
in the Building Materials industry.
Industry Median: 0.38
* Ranked among companies with meaningful Debt-to-Equity only.

Riyadh Cement Co Debt-to-Equity Historical Data

The historical data trend for Riyadh Cement 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.

Riyadh Cement Co Debt-to-Equity Chart

Riyadh Cement Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

Riyadh Cement Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					-	0.02	-	-	-

Competitive Comparison of Riyadh Cement Co's Debt-to-Equity

For the Building Materials subindustry, Riyadh Cement 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.

Riyadh Cement Co's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Riyadh Cement Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Riyadh Cement Co's Debt-to-Equity falls into.

Riyadh Cement Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Riyadh Cement 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
	=	(2.823	+	0.966)	/	1679.768
	=	0.00

Riyadh Cement 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
	=	(2.823	+	0.966)	/	1679.768
	=	0.00

Riyadh Cement Co (SAU:3092) 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.

Riyadh Cement Co Debt-to-Equity Related Terms

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Riyadh Cement Co (SAU:3092) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Riyadh Cement Co (SAU:3092) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

AL Imam Saud Ibn Abdul Aziz Ibn Mohammad Road, PO Box 17775, Riyadh, SAU, 11494

Website

https://riyadhcement.com.sa

Riyadh Cement Co, formerly Saudi White Cement Co is engaged in the manufacturing of cement. The company manufactures cement, white cement, gray cement, clinker, building materials, and portland cement.

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