SLB Development (SGX:1J0) Debt-to-Equity : 0.65 (As of Nov. 2023)

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What is SLB Development Debt-to-Equity?

SLB Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was S$109.52 Mil. SLB Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was S$21.03 Mil. SLB Development's Total Stockholders Equity for the quarter that ended in Nov. 2023 was S$200.77 Mil. SLB Development's debt to equity for the quarter that ended in Nov. 2023 was 0.65.

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

SGX:1J0' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.75 Max: 3.87
Current: 0.65

During the past 9 years, the highest Debt-to-Equity Ratio of SLB Development was 3.87. The lowest was 0.41. And the median was 0.75.

SGX:1J0's Debt-to-Equity is ranked better than
55.27% of 1583 companies
in the Real Estate industry
Industry Median: 0.76 vs SGX:1J0: 0.65

SLB Development Debt-to-Equity Historical Data

The historical data trend for SLB Development'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.

SLB Development Debt-to-Equity Chart

SLB Development Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

Debt-to-Equity

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0.59

0.41

0.92

0.66

1.02

SLB Development Semi-Annual Data
	May15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial												0.81	0.66	0.85	1.02	0.65

Competitive Comparison of SLB Development's Debt-to-Equity

For the Real Estate - Development subindustry, SLB Development'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.

SLB Development's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SLB Development's Debt-to-Equity distribution charts can be found below:

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

SLB Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SLB Development's Debt to Equity Ratio for the fiscal year that ended in May. 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
	=	(172.19	+	36.778)	/	205.899
	=	1.01

SLB Development's Debt to Equity Ratio for the quarter that ended in Nov. 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
	=	(109.515	+	21.027)	/	200.768
	=	0.65

SLB Development (SGX:1J0) 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.

SLB Development Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of SLB Development's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

SLB Development (SGX:1J0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SLB Development Ltd (SGX:1J0) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 Harrison Road, No. 07-00 Lian Beng Building, Singapore, SGP, 369648

Website

https://www.slbdevelopment.com.sg

SLB Development Ltd is an investment holding company. It operates in three segments: Property development, which is involved in the development and sale of properties (residential, commercial, and industrial), as well as the provision of development management services; The Fund management & investment segment refers to the Group's business as a fund manager through joint ventures and strategic alliance with third parties, as well as investment in the funds managed by fund managers such as through participation by way of a limited partner or shareholder in the fund company; and The corporate segment mainly relates to corporate office functions. It generates the majority of its revenue from Property development segment.

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