Ghida Alsultan for Fast Food Co (SAU:9567) Debt-to-Equity : 0.33 (As of Dec. 2023)

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What is Ghida Alsultan for Fast Food Co Debt-to-Equity?

Ghida Alsultan for Fast Food Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼9.1 Mil. Ghida Alsultan for Fast Food Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼10.9 Mil. Ghida Alsultan for Fast Food Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼60.0 Mil. Ghida Alsultan for Fast Food Co's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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 Ghida Alsultan for Fast Food Co's Debt-to-Equity or its related term are showing as below:

SAU:9567' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.37 Max: 0.41
Current: 0.33

During the past 2 years, the highest Debt-to-Equity Ratio of Ghida Alsultan for Fast Food Co was 0.41. The lowest was 0.33. And the median was 0.37.

SAU:9567's Debt-to-Equity is ranked better than
79.73% of 301 companies
in the Restaurants industry
Industry Median: 0.94 vs SAU:9567: 0.33

Ghida Alsultan for Fast Food Co Debt-to-Equity Historical Data

The historical data trend for Ghida Alsultan for Fast Food 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.

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Ghida Alsultan for Fast Food Co Debt-to-Equity Chart

Ghida Alsultan for Fast Food Co Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

0.41

0.33

Ghida Alsultan for Fast Food Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	N/A	0.41	0.30	0.33

Competitive Comparison of Ghida Alsultan for Fast Food Co's Debt-to-Equity

For the Restaurants subindustry, Ghida Alsultan for Fast Food 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.

Ghida Alsultan for Fast Food Co's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ghida Alsultan for Fast Food Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ghida Alsultan for Fast Food Co's Debt-to-Equity falls into.

Ghida Alsultan for Fast Food Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ghida Alsultan for Fast Food 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
	=	(9.073	+	10.93)	/	59.995
	=	0.33

Ghida Alsultan for Fast Food 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
	=	(9.073	+	10.93)	/	59.995
	=	0.33

Ghida Alsultan for Fast Food Co (SAU:9567) 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.

Ghida Alsultan for Fast Food Co Debt-to-Equity Related Terms

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Ghida Alsultan for Fast Food Co (SAU:9567) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Ghida Alsultan for Fast Food Co (SAU:9567) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Street, Al Basateen District, Jeddah, SAU, 11860-3312

Website

https://www.ghidas.com

Ghida Alsultan for Fast Food Co is engaged in the food and beverage sector. The company is engaged in one operating segment engaged in selling fast food restaurant operates completely within the kingdom of Saudi Arabia.

Ghida Alsultan for Fast Food Co (SAU:9567) Headlines

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