GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Multiply Group PJSC (ADX:MULTIPLY) » Definitions » Debt-to-Asset

Multiply Group PJSC (ADX:MULTIPLY) Debt-to-Asset : 0.23 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Multiply Group PJSC Debt-to-Asset?

Multiply Group PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ1,434 Mil. Multiply Group PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ8,329 Mil. Multiply Group PJSC's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was د.إ42,159 Mil. Multiply Group PJSC's debt to asset for the quarter that ended in Dec. 2023 was 0.23.


Multiply Group PJSC Debt-to-Asset Historical Data

The historical data trend for Multiply Group PJSC's Debt-to-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.

Multiply Group PJSC Debt-to-Asset Chart

Multiply Group PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial - - 0.05 0.21 0.23

Multiply Group PJSC Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset 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 0.21 0.23 0.23 0.23 0.23

Competitive Comparison of Multiply Group PJSC's Debt-to-Asset

For the Conglomerates subindustry, Multiply Group PJSC's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Multiply Group PJSC's Debt-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Multiply Group PJSC's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Multiply Group PJSC's Debt-to-Asset falls into.



Multiply Group PJSC Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Multiply Group PJSC's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1433.969 + 8328.872) / 42158.649
=0.23

Multiply Group PJSC's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1433.969 + 8328.872) / 42158.649
=0.23

* 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.


Multiply Group PJSC  (ADX:MULTIPLY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Multiply Group PJSC Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Multiply Group PJSC's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Multiply Group PJSC (ADX:MULTIPLY) Business Description

Traded in Other Exchanges
N/A
Address
12 Marina Square, Level 19, Tamouh Tower, Reem Island, Abu Dhabi, ARE
Multiply Group PJSC is a technology-focused holding company with a presence across five industries, including communications, utilities, ventures, wellness, Driving training and Asset Management. The group's diversified portfolio strikes a balance between steady companies that generate recurring income and high-growth businesses. The company has its geographic presence in UAE and outside UAE.

Multiply Group PJSC (ADX:MULTIPLY) Headlines

No Headlines