Palms Sports PJSC (ADX:PALMS) Debt-to-Asset : 0.16 (As of Mar. 2025)

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What is Palms Sports PJSC Debt-to-Asset?

Palms Sports PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was د.إ45 Mil. Palms Sports PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was د.إ120 Mil. Palms Sports PJSC's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2025 was د.إ1,012 Mil. Palms Sports PJSC's debt to asset for the quarter that ended in Mar. 2025 was 0.16.

Palms Sports PJSC Debt-to-Asset Historical Data

The historical data trend for Palms Sports 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.

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Palms Sports PJSC Debt-to-Asset Chart

Palms Sports PJSC Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

0.16

0.22

Palms Sports PJSC Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Asset	Get a 7-Day Free Trial													0.20	0.20	0.19	0.22	0.16

Competitive Comparison of Palms Sports PJSC's Debt-to-Asset

For the Leisure subindustry, Palms Sports 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.

Palms Sports PJSC's Debt-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Palms Sports PJSC's Debt-to-Asset distribution charts can be found below:

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

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Palms Sports PJSC Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Palms Sports PJSC's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(82.404	+	166.063)	/	1111.882
	=	0.22

Palms Sports PJSC's Debt-to-Asset for the quarter that ended in Mar. 2025 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(45.285	+	120.479)	/	1012.152
	=	0.16

Palms Sports PJSC (ADX:PALMS) 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.

Palms Sports PJSC Debt-to-Asset Related Terms

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Palms Sports PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Palms Sports PJSC (ADX:PALMS) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eastern Ring Road, 4th Floor, Royal Group Head Office, P.O. 39877, Ministries Complex, Abu Dhabi, ARE

Website

https://www.palmssports.com

Palms Sports PJSC is a sports management and marketing company. It trades sports goods and provides sports enterprise investment, institution and management, and security guard services. The company has two reportable segments: income from guarding and cleaning services and Income from coaching and training services.

Palms Sports PJSC Headlines

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