Jahez International Co for Information and Technology (SAU:9526) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Jahez International Co for Information and Technology 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. Jahez International Co for Information and Technology's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

Jahez International Co for Information and Technology's long-term debt to total assets ratio declined from Dec. 2022 (0.07) to Dec. 2023 (0.04). It may suggest that Jahez International Co for Information and Technology is progressively becoming less dependent on debt to grow their business.

Jahez International Co for Information and Technology LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jahez International Co for Information and Technology'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.

Jahez International Co for Information and Technology LT-Debt-to-Total-Asset Chart

Jahez International Co for Information and Technology Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.04

0.07

0.04

Jahez International Co for Information and Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.04	0.02	0.07	0.06	0.04

Jahez International Co for Information and Technology LT-Debt-to-Total-Asset Calculation

Jahez International Co for Information and Technology'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 )
	=	63.002	/	1650.796
	=	0.04

Jahez International Co for Information and Technology's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	63.002	/	1650.796
	=	0.04

Jahez International Co for Information and Technology (SAU:9526) 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.

Jahez International Co for Information and Technology LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Jahez International Co for Information and Technology's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Jahez International Co for Information and Technology (SAU:9526) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jahez International Co for Information and Technology (SAU:9526) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2065, King Abdullah bin Abdulaziz Road, P.O. Box 2065, Al-Waha District 8594, Riyadh, SAU, 12444

Website

https://www.jahezgroup.com

Jahez International Co for Information and Technology operates as an online food delivery platform, connecting users, merchants, and delivery partners across the Kingdom. It engages in providing wireless data services, systems analysis, designing and programming software and providing delivery services via e-platforms.

Jahez International Co for Information and Technology (SAU:9526) Headlines

No Headlines