Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Debt-to-Equity : 0.78 (As of Dec. 2023)

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What is Abu Dhabi Ports Co PJSC Debt-to-Equity?

Abu Dhabi Ports Co PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ559 Mil. Abu Dhabi Ports Co PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ15,622 Mil. Abu Dhabi Ports Co PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ20,825 Mil. Abu Dhabi Ports Co PJSC's debt to equity for the quarter that ended in Dec. 2023 was 0.78.

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 Abu Dhabi Ports Co PJSC's Debt-to-Equity or its related term are showing as below:

ADX:ADPORTS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.43 Max: 0.78
Current: 0.78

During the past 6 years, the highest Debt-to-Equity Ratio of Abu Dhabi Ports Co PJSC was 0.78. The lowest was 0.26. And the median was 0.43.

ADX:ADPORTS's Debt-to-Equity is ranked worse than
60.77% of 882 companies
in the Transportation industry
Industry Median: 0.56 vs ADX:ADPORTS: 0.78

Abu Dhabi Ports Co PJSC Debt-to-Equity Historical Data

The historical data trend for Abu Dhabi Ports Co PJSC'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.

Abu Dhabi Ports Co PJSC Debt-to-Equity Chart

Abu Dhabi Ports Co PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.34

0.63

0.52

0.31

0.78

Abu Dhabi Ports Co PJSC Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.31	0.40	0.64	0.72	0.78

Competitive Comparison of Abu Dhabi Ports Co PJSC's Debt-to-Equity

For the Marine Shipping subindustry, Abu Dhabi Ports Co PJSC'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.

Abu Dhabi Ports Co PJSC's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Abu Dhabi Ports Co PJSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Ports Co PJSC's Debt-to-Equity falls into.

Abu Dhabi Ports Co PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Abu Dhabi Ports Co PJSC'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
	=	(559.23	+	15621.834)	/	20824.921
	=	0.78

Abu Dhabi Ports Co PJSC'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
	=	(559.23	+	15621.834)	/	20824.921
	=	0.78

Abu Dhabi Ports Co PJSC (ADX:ADPORTS) 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.

Abu Dhabi Ports Co PJSC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Abu Dhabi Ports Co PJSC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Abu Dhabi Ports Co PJSC (ADX:ADPORTS) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Al Mina Street. Nearest Landmark: Zayed Port, Gate 1, Next to Zayed Port, P.O. Box 54477, Abu Dhabi, ARE, 54477

Website

https://www.adports.ae

Abu Dhabi Ports Co PJSC owns, operates, maintains, manages, and develops all ports, docks, harbors, quays, waterways, bridges, breakwaters, infrastructure, and related installations in the Emirate of Abu Dhabi. It also constructs, manages, and develops the industrial, commercial, and non-financial service-free zones on plots of land granted or allocated by the Government of Abu Dhabi. The company's segments include Ports; Economic Cities and Free Zones (EC&FZ); Logistics; Maritime; Digital and Corporate.

Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Headlines

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