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Tihama Advertising & Public Relations Co. (SAU:4070) Debt-to-Equity : 0.27 (As of Dec. 2023)


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What is Tihama Advertising & Public Relations Co. Debt-to-Equity?

Tihama Advertising & Public Relations Co.'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼50.17 Mil. Tihama Advertising & Public Relations Co.'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼17.97 Mil. Tihama Advertising & Public Relations Co.'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼250.90 Mil. Tihama Advertising & Public Relations Co.'s debt to equity for the quarter that ended in Dec. 2023 was 0.27.

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 Tihama Advertising & Public Relations Co.'s Debt-to-Equity or its related term are showing as below:

SAU:4070' s Debt-to-Equity Range Over the Past 10 Years
Min: -84.41   Med: 0.27   Max: 60.54
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Tihama Advertising & Public Relations Co. was 60.54. The lowest was -84.41. And the median was 0.27.

SAU:4070's Debt-to-Equity is ranked better than
52.01% of 846 companies
in the Media - Diversified industry
Industry Median: 0.285 vs SAU:4070: 0.27

Tihama Advertising & Public Relations Co. Debt-to-Equity Historical Data

The historical data trend for Tihama Advertising & Public Relations 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.

Tihama Advertising & Public Relations Co. Debt-to-Equity Chart

Tihama Advertising & Public Relations Co. Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 1.58 1.28 4.15 -1.58

Tihama Advertising & Public Relations Co. Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -84.41 -1.58 0.24 0.32 0.27

Competitive Comparison of Tihama Advertising & Public Relations Co.'s Debt-to-Equity

For the Advertising Agencies subindustry, Tihama Advertising & Public Relations 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.


Tihama Advertising & Public Relations Co.'s Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Tihama Advertising & Public Relations Co.'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tihama Advertising & Public Relations Co.'s Debt-to-Equity falls into.



Tihama Advertising & Public Relations Co. Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tihama Advertising & Public Relations Co.'s Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Tihama Advertising & Public Relations Co.'s Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Tihama Advertising & Public Relations Co.  (SAU:4070) 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.


Tihama Advertising & Public Relations Co. Debt-to-Equity Related Terms

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Tihama Advertising & Public Relations Co. (SAU:4070) Business Description

Traded in Other Exchanges
N/A
Address
Al Muhamadiah - King Fahd Road, Aloula Building, 4th Floor, P.O. Box 4681, Riyadh, SAU, 11412
Tihama Advertising & Public Relations Co. is in engaged advertising, public relations, marketing, media and telecommunications services, publishing, bookshops, and video business. The company's activity is based on road advertisements.

Tihama Advertising & Public Relations Co. (SAU:4070) Headlines

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