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Rasiyat Holding Co KPSC (KUW:RASIYAT) Debt-to-Equity : 0.20 (As of Mar. 2024)


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What is Rasiyat Holding Co KPSC Debt-to-Equity?

Rasiyat Holding Co KPSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD0.68 Mil. Rasiyat Holding Co KPSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD1.69 Mil. Rasiyat Holding Co KPSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD11.56 Mil. Rasiyat Holding Co KPSC's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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 Rasiyat Holding Co KPSC's Debt-to-Equity or its related term are showing as below:

KUW:RASIYAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.21   Max: 0.28
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Rasiyat Holding Co KPSC was 0.28. The lowest was 0.08. And the median was 0.21.

KUW:RASIYAT's Debt-to-Equity is ranked worse than
50.45% of 1009 companies
in the Asset Management industry
Industry Median: 0.19 vs KUW:RASIYAT: 0.20

Rasiyat Holding Co KPSC Debt-to-Equity Historical Data

The historical data trend for Rasiyat Holding Co KPSC'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.

Rasiyat Holding Co KPSC Debt-to-Equity Chart

Rasiyat Holding Co KPSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.15 0.23 0.17 0.22

Rasiyat Holding Co KPSC 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.15 0.22 0.22 0.20

Competitive Comparison of Rasiyat Holding Co KPSC's Debt-to-Equity

For the Asset Management subindustry, Rasiyat Holding Co KPSC'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.


Rasiyat Holding Co KPSC's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Rasiyat Holding Co KPSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rasiyat Holding Co KPSC's Debt-to-Equity falls into.



Rasiyat Holding Co KPSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rasiyat Holding Co KPSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Rasiyat Holding Co KPSC's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Rasiyat Holding Co KPSC  (KUW:RASIYAT) 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.


Rasiyat Holding Co KPSC Debt-to-Equity Related Terms

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Rasiyat Holding Co KPSC (KUW:RASIYAT) Business Description

Traded in Other Exchanges
N/A
Address
Al Qibla - Abu Baker Al sediq Str, Marzouq Tower, 12th Floor, Kuwait City, KWT
Rasiyat Holding Co KPSC formerly Gulf North Africa Holding Co is engaged in developing, promoting, acquiring and investing in real estate, financial, industrial, and services project in North Africa and other regions.

Rasiyat Holding Co KPSC (KUW:RASIYAT) Headlines

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