Tam Development Co (SAU:9570) Debt-to-Equity : 0.05 (As of Dec. 2022)

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What is Tam Development Co Debt-to-Equity?

Tam Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ﷼3.8 Mil. Tam Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ﷼0.0 Mil. Tam Development Co's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ﷼71.6 Mil. Tam Development Co's debt to equity for the quarter that ended in Dec. 2022 was 0.05.

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

During the past 2 years, the highest Debt-to-Equity Ratio of Tam Development Co was 0.05. The lowest was 0.05. And the median was 0.05.

SAU:9570's Debt-to-Equity is not ranked ^*
in the Business Services industry.
Industry Median: 0.375
* Ranked among companies with meaningful Debt-to-Equity only.

Tam Development Co Debt-to-Equity Historical Data

The historical data trend for Tam Development 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.

Tam Development Co Debt-to-Equity Chart

Tam Development Co Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

0.05

Tam Development Co Quarterly Data
	Dec22	Dec23
Debt-to-Equity	0.05	-

Competitive Comparison of Tam Development Co's Debt-to-Equity

For the Consulting Services subindustry, Tam Development 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.

Tam Development Co's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tam Development Co's Debt-to-Equity distribution charts can be found below:

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

Tam Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tam Development 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
	=	(0	+	0)	/	109.759
	=	0.00

Tam Development Co's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(3.755	+	0)	/	71.621
	=	0.05

Tam Development Co (SAU:9570) 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.

Tam Development Co Debt-to-Equity Related Terms

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Tam Development Co (SAU:9570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tam Development Co (SAU:9570) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahd Road Riyadh 8428, Unit No 11119, Grand Tower, 10th Floor, Additional No 4250, Riyadh, SAU, 12363

Website

https://www.tam.sa

Tam Development Co is a Saudi-based management consultancy firm. It offers a model that integrates digital solutions and advisory services, partnering with its clients to lead public impact.

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