Commercial Real Estate Co KSCC (KUW:ALTIJARIA) LT-Debt-to-Total-Asset : 0.38 (As of Mar. 2024)

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What is Commercial Real Estate Co KSCC 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. Commercial Real Estate Co KSCC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.38.

Commercial Real Estate Co KSCC's long-term debt to total assets ratio increased from Mar. 2023 (0.36) to Mar. 2024 (0.38). It may suggest that Commercial Real Estate Co KSCC is progressively becoming more dependent on debt to grow their business.

Commercial Real Estate Co KSCC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Commercial Real Estate Co KSCC'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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Commercial Real Estate Co KSCC LT-Debt-to-Total-Asset Chart

Commercial Real Estate Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.36

0.35

0.38

Commercial Real Estate Co KSCC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.36	0.39	0.39	0.38	0.38

Commercial Real Estate Co KSCC LT-Debt-to-Total-Asset Calculation

Commercial Real Estate Co KSCC'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 )
	=	214.784	/	561.501
	=	0.38

Commercial Real Estate Co KSCC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	214.81	/	568.209
	=	0.38

Commercial Real Estate Co KSCC (KUW:ALTIJARIA) 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.

Commercial Real Estate Co KSCC LT-Debt-to-Total-Asset Related Terms

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Commercial Real Estate Co KSCC (KUW:ALTIJARIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Commercial Real Estate Co KSCC (KUW:ALTIJARIA) » Definitions » LT-Debt-to-Total-Asset

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Address

Al-Sharq Jaber Al Mubarak Street, Commercial Real Estate Building, P.O.Box 4119, Safat, Kuwait City, KWT, 13042

Website

https://www.altijaria.com

Commercial Real Estate Co KSCC is engaged in performing various real estate, agricultural, industrial, and commercial activities, carrying out contracting, road and building constructions, including the sale, purchase, and lease of land and real estate properties and construction of buildings. It operates through the Real estate, Hotel, and Investment business segment, of which the majority of its revenue comes from the real estate segment. Its geographical segments are the State of Kuwait, Gulf Countries, and Others.

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