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Aradei Capital (CAS:ARD) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)


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What is Aradei Capital 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. Aradei Capital's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Aradei Capital's long-term debt to total assets ratio declined from Jun. 2023 (0.28) to Jun. 2024 (0.00). It may suggest that Aradei Capital is progressively becoming less dependent on debt to grow their business.


Aradei Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aradei Capital'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.

* Premium members only.

Aradei Capital LT-Debt-to-Total-Asset Chart

Aradei Capital Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.02 0.22 0.29 0.23 0.32

Aradei Capital Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.23 0.28 0.32 -

Aradei Capital LT-Debt-to-Total-Asset Calculation

Aradei Capital'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 )
=2866.508/9063.914
=0.32

Aradei Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=0/9219.914
=0.00

* 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.


Aradei Capital  (CAS:ARD) 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.


Aradei Capital LT-Debt-to-Total-Asset Related Terms

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Aradei Capital Business Description

Traded in Other Exchanges
N/A
Address
Route de Bouskoura, Casablanca, MAR, 20 190
Aradei Capital operates in the real estate industry. The company acquires and develops real estate properties for rental income.