Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) Debt-to-Equity : 2.02 (As of Mar. 2024)

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What is Munshaat Real Estate Projects Co KSCC Debt-to-Equity?

Munshaat Real Estate Projects Co KSCC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD6.08 Mil. Munshaat Real Estate Projects Co KSCC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD46.15 Mil. Munshaat Real Estate Projects Co KSCC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD25.83 Mil. Munshaat Real Estate Projects Co KSCC's debt to equity for the quarter that ended in Mar. 2024 was 2.02.

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 Munshaat Real Estate Projects Co KSCC's Debt-to-Equity or its related term are showing as below:

KUW:MUNSHAAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 1.48 Max: 8.4
Current: 2.02

During the past 13 years, the highest Debt-to-Equity Ratio of Munshaat Real Estate Projects Co KSCC was 8.40. The lowest was 0.11. And the median was 1.48.

KUW:MUNSHAAT's Debt-to-Equity is ranked worse than
83.23% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs KUW:MUNSHAAT: 2.02

Munshaat Real Estate Projects Co KSCC Debt-to-Equity Historical Data

The historical data trend for Munshaat Real Estate Projects Co KSCC'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.

Munshaat Real Estate Projects Co KSCC Debt-to-Equity Chart

Munshaat Real Estate Projects Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.34

3.10

6.51

5.87

2.21

Munshaat Real Estate Projects Co KSCC 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															5.01	3.95	2.64	2.21	2.02

Competitive Comparison of Munshaat Real Estate Projects Co KSCC's Debt-to-Equity

For the Real Estate Services subindustry, Munshaat Real Estate Projects Co KSCC'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.

Munshaat Real Estate Projects Co KSCC's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Munshaat Real Estate Projects Co KSCC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Munshaat Real Estate Projects Co KSCC's Debt-to-Equity falls into.

Munshaat Real Estate Projects Co KSCC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Munshaat Real Estate Projects Co KSCC'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
	=	(6.048	+	45.796)	/	23.485
	=	2.21

Munshaat Real Estate Projects Co KSCC'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
	=	(6.083	+	46.149)	/	25.829
	=	2.02

Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) 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.

Munshaat Real Estate Projects Co KSCC Debt-to-Equity Related Terms

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Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Shuhada Street, Al-Arraya Tower 2, Floor 43, Sharq, Kuwait City, KWT

Website

http://www.munshaat.com

Munshaat Real Estate Projects Co KSCC is a real estate company. The company's operations predominantly consist of owning, selling and purchasing real estates and lands as well as developing them inside and outside Kuwait, and also managing the properties of others. The company is organized into two business segments - Real Estate segment comprises purchase, sale, development, renting, hotel operations and managing of properties; and Investment segment is involved in managing a portfolio of investments. Its primary geographic markets are Kuwait and Gulf Cooperation Council countries.

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