Kuwait Business Town Real Estate Co (KUW:KBT) Debt-to-Equity : 0.68 (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Kuwait Business Town Real Estate Co Debt-to-Equity?

Kuwait Business Town Real Estate Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD16.61 Mil. Kuwait Business Town Real Estate Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD14.59 Mil. Kuwait Business Town Real Estate Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD45.88 Mil. Kuwait Business Town Real Estate Co's debt to equity for the quarter that ended in Mar. 2024 was 0.68.

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 Kuwait Business Town Real Estate Co's Debt-to-Equity or its related term are showing as below:

KUW:KBT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.26 Max: 0.74
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Kuwait Business Town Real Estate Co was 0.74. The lowest was 0.03. And the median was 0.26.

KUW:KBT's Debt-to-Equity is ranked better than
53.72% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs KUW:KBT: 0.68

Kuwait Business Town Real Estate Co Debt-to-Equity Historical Data

The historical data trend for Kuwait Business Town Real Estate 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.

Kuwait Business Town Real Estate Co Debt-to-Equity Chart

Kuwait Business Town Real Estate Co Annual Data

Trend

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.28

0.26

0.48

0.50

0.66

Kuwait Business Town Real Estate Co 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															0.60	0.71	0.74	0.66	0.68

Competitive Comparison of Kuwait Business Town Real Estate Co's Debt-to-Equity

For the Real Estate Services subindustry, Kuwait Business Town Real Estate 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.

Kuwait Business Town Real Estate Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kuwait Business Town Real Estate Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kuwait Business Town Real Estate Co's Debt-to-Equity falls into.

Kuwait Business Town Real Estate Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kuwait Business Town Real Estate 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
	=	(19.405	+	14.747)	/	51.779
	=	0.66

Kuwait Business Town Real Estate 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
	=	(16.605	+	14.59)	/	45.881
	=	0.68

Kuwait Business Town Real Estate Co (KUW:KBT) 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.

Kuwait Business Town Real Estate Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Kuwait Business Town Real Estate Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuwait Business Town Real Estate Co (KUW:KBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kuwait Business Town Real Estate Co (KUW:KBT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khalid Ebn Al Waleed Street, KBT Tower 5, 28th Floor, Kuwait, KWT

Website

https://www.kbt.com.kw

Kuwait Business Town Real Estate Co is a real estate company. It has three operating segments: Investing activities comprise participation in equity investments and managing the Group's liquidity requirements; and Real estate activities comprise investment, managing real estate, and construction or development of real estate for the sale in the ordinary course of business and other related real estate services. The consumer goods segment engages in operating bakeries, manufacturing, and trading food-related items.

Kuwait Business Town Real Estate Co (KUW:KBT) Headlines

No Headlines