Q Holding PJSC (ADX:QHOLDING) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2023)

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What is Q Holding PJSC LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Q Holding PJSC's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.08.

Q Holding PJSC's long-term debt to total assets ratio declined from Dec. 2021 (0.18) to Jun. 2023 (0.08). It may suggest that Q Holding PJSC is progressively becoming less dependent on debt to grow their business.

Q Holding PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Q Holding PJSC's LT-Debt-to-Total-Asset 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.

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Q Holding PJSC LT-Debt-to-Total-Asset Chart

Q Holding PJSC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.29

0.22

0.18

0.09

Q Holding PJSC Quarterly Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.17	0.09	0.09	0.08	0.09

Q Holding PJSC LT-Debt-to-Total-Asset Calculation

Q Holding PJSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1850.057	/	21311.081
	=	0.09

Q Holding PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	1577.257	/	19317.178
	=	0.08

Q Holding PJSC (ADX:QHOLDING) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Q Holding PJSC LT-Debt-to-Total-Asset Related Terms

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Q Holding PJSC (ADX:QHOLDING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Q Holding PJSC (ADX:QHOLDING) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Sheikh Zayed Road, Ministries Complex, Zone 1, Abu Dhabi, ARE

Website

https://www.qholding.com

Q Holding PJSC is an investment holding company. It focused on the development, management, sales, and leasing of real estate projects, launching and managing educational, hospitality, and healthcare projects, and acquiring controlling interests in strategic companies. Its operating segments include Real Estate, Hospitality, Labour accommodation, and Others. It derives the maximum revenue from the Real Estate segment.

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