Emaar The Economic City

Saudi Stock Exchange 4220.SR

Emaar The Economic City Debt to Equity Ratio for the year ending December 31, 2023: 1.09

Emaar The Economic City Debt to Equity Ratio is 1.09 for the year ending December 31, 2023, a 14.83% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Emaar The Economic City Debt to Equity Ratio for the year ending December 31, 2022 was 0.95, a 29.68% change year over year.
Emaar The Economic City Debt to Equity Ratio for the year ending December 31, 2021 was 0.73, a -50.61% change year over year.
Emaar The Economic City Debt to Equity Ratio for the year ending December 31, 2020 was 1.48, a 26.92% change year over year.
Emaar The Economic City Debt to Equity Ratio for the year ending December 31, 2019 was 1.17, a 14.23% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Saudi Stock Exchange: 4220.SR

Emaar The Economic City

CEO	Mr. Abdulaziz Ibrahim Alnowaiser
IPO Date	March 4, 2010
Location	Saudi Arabia
Headquarters	king Abdullah Economic City 2211 – Hejaz
Employees	120
Sector	Real Estate
Industries Office REITs Diversified REITs

Description

Emaar The Economic City engages in the development of real estate properties in the economic or other zones in Saudi Arabia. The company primarily develops the King Abdullah Economic City. It also develops infrastructures; promotes, markets, and sells land within development areas; transfers/leases land; develops buildings/housing units; and constructs on behalf of other parties. In addition, the company develops, invests in, markets, sells/leases, operates, and maintains properties; and provides higher education services. Emaar The Economic City was incorporated in 2006 and is based in King Abdullah Economic City, the Kingdom of Saudi Arabia.

Key trends

Past 5 years