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Gulf Bank KSC (KUW:GBK) Liabilities-to-Assets : 0.89 (As of Mar. 2024)


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What is Gulf Bank KSC Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Gulf Bank KSC's Total Liabilities for the quarter that ended in Mar. 2024 was KWD6,482.9 Mil. Gulf Bank KSC's Total Assets for the quarter that ended in Mar. 2024 was KWD7,270.4 Mil. Therefore, Gulf Bank KSC's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.89.


Gulf Bank KSC Liabilities-to-Assets Historical Data

The historical data trend for Gulf Bank KSC's Liabilities-to-Assets 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.

Gulf Bank KSC Liabilities-to-Assets Chart

Gulf Bank KSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.90 0.90 0.90 0.89

Gulf Bank KSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.90 0.89 0.89 0.89

Competitive Comparison of Gulf Bank KSC's Liabilities-to-Assets

For the Banks - Regional subindustry, Gulf Bank KSC's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Gulf Bank KSC's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Gulf Bank KSC's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Gulf Bank KSC's Liabilities-to-Assets falls into.



Gulf Bank KSC Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Gulf Bank KSC's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=6357.832/7174.632
=0.89

Gulf Bank KSC's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=6482.858/7270.391
=0.89

* 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.


Gulf Bank KSC  (KUW:GBK) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Gulf Bank KSC Liabilities-to-Assets Related Terms

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Gulf Bank KSC (KUW:GBK) Business Description

Traded in Other Exchanges
N/A
Address
Mubarak Al Kabir Street, P. O. Box 3200, Safat, Kuwait, KWT, 13032
Gulf Bank KSC is predominantly a Kuwait-based banking service company. The bank's business activities are mapped into two business lines which are Commercial Banking, Treasury & Investments. Commercial Banking engages in the acceptance of deposits from individuals, corporate and institutional customers, and providing consumer loans, overdrafts, credit card facilities, and funds transfer facilities to individuals; and other credit facilities to corporate and institutional customers. The Treasury & Investments segment provides money market, trading, and treasury services, as well as the management of the Bank's funding operations by use of Kuwait Government treasury bonds, government securities, placements, and acceptances with other banks.

Gulf Bank KSC (KUW:GBK) Headlines

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