MOBI Industry Co (SAU:9517) Debt-to-Equity : 0.38 (As of Dec. 2023)

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What is MOBI Industry Co Debt-to-Equity?

MOBI Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼19.9 Mil. MOBI Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼5.1 Mil. MOBI Industry Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼65.5 Mil. MOBI Industry Co's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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 MOBI Industry Co's Debt-to-Equity or its related term are showing as below:

SAU:9517' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.35 Max: 0.38
Current: 0.38

During the past 7 years, the highest Debt-to-Equity Ratio of MOBI Industry Co was 0.38. The lowest was 0.01. And the median was 0.35.

SAU:9517's Debt-to-Equity is ranked worse than
52.65% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs SAU:9517: 0.38

MOBI Industry Co Debt-to-Equity Historical Data

The historical data trend for MOBI Industry 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.

MOBI Industry Co Debt-to-Equity Chart

MOBI Industry Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.37

0.30

0.35

0.38

MOBI Industry Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				0.30	0.41	0.35	0.22	0.38

Competitive Comparison of MOBI Industry Co's Debt-to-Equity

For the Chemicals subindustry, MOBI Industry 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.

MOBI Industry Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, MOBI Industry Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where MOBI Industry Co's Debt-to-Equity falls into.

MOBI Industry Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MOBI Industry 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
	=	(19.854	+	5.053)	/	65.499
	=	0.38

MOBI Industry Co'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
	=	(19.854	+	5.053)	/	65.499
	=	0.38

MOBI Industry Co (SAU:9517) 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.

MOBI Industry Co Debt-to-Equity Related Terms

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MOBI Industry Co (SAU:9517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » MOBI Industry Co (SAU:9517) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

220 Second Industrial City Street, Riyadh, SAU

Website

https://www.nafkal.com

MOBI Industry Co is a Saudi Arabia based company. The company is engaged in the manufacture of soap in all forms, including (paste, liquid and dry), manufacture of industrial detergents, manufacture of fertilizers and nitrogenous compounds, manufacture of plastics in their primary forms, manufacture of washing and cleaning material and preparations.

MOBI Industry Co (SAU:9517) Headlines

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