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Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Debt-to-Equity : 0.02 (As of Dec. 2021)


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What is Al Seer Marine Supplies & Equipment PJSC Debt-to-Equity?

Al Seer Marine Supplies & Equipment PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was د.إ122.2 Mil. Al Seer Marine Supplies & Equipment PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was د.إ6.5 Mil. Al Seer Marine Supplies & Equipment PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2021 was د.إ5,796.6 Mil. Al Seer Marine Supplies & Equipment PJSC's debt to equity for the quarter that ended in Dec. 2021 was 0.02.

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 Al Seer Marine Supplies & Equipment PJSC's Debt-to-Equity or its related term are showing as below:

ADX:ASM's Debt-to-Equity is not ranked *
in the Transportation industry.
Industry Median: 0.515
* Ranked among companies with meaningful Debt-to-Equity only.

Al Seer Marine Supplies & Equipment PJSC Debt-to-Equity Historical Data

The historical data trend for Al Seer Marine Supplies & Equipment PJSC'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.

Al Seer Marine Supplies & Equipment PJSC Debt-to-Equity Chart

Al Seer Marine Supplies & Equipment PJSC Annual Data
Trend Dec20 Dec21
Debt-to-Equity
0.03 0.02

Al Seer Marine Supplies & Equipment PJSC Semi-Annual Data
Dec20 Dec21
Debt-to-Equity 0.03 0.02

Competitive Comparison of Al Seer Marine Supplies & Equipment PJSC's Debt-to-Equity

For the Marine Shipping subindustry, Al Seer Marine Supplies & Equipment PJSC'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.

Al Seer Marine Supplies & Equipment PJSC's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Al Seer Marine Supplies & Equipment PJSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Al Seer Marine Supplies & Equipment PJSC's Debt-to-Equity falls into.


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Al Seer Marine Supplies & Equipment PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Al Seer Marine Supplies & Equipment PJSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
=(122.183 + 6.53) / 5796.589
=0.02

Al Seer Marine Supplies & Equipment PJSC's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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
=(122.183 + 6.53) / 5796.589
=0.02

* 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.

Al Seer Marine Supplies & Equipment PJSC  (ADX:ASM) 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.

Al Seer Marine Supplies & Equipment PJSC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Al Seer Marine Supplies & Equipment PJSC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Seer Marine Supplies & Equipment PJSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot Number A-20, Sector MW-5, P.O. Box 33639, Mussafah Industrial City, Abu Dhabi, ARE
Website
https://www.alseermarine.ae
Al Seer Marine Supplies & Equipment PJSC is a marine company in the Arabian maritime region, with a portfolio of services that caters to all needs of boat owners, managers and crew. The services of the company include Boat Building, Maintenance Services, Yacht Management, Training Institute, and Maintenance services among others.