Tabreed PJSC (DFM:TABREED) Debt-to-Asset : 0.43 (As of Mar. 2024)

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What is Tabreed PJSC Debt-to-Asset?

Tabreed PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ2,595 Mil. Tabreed PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ3,808 Mil. Tabreed PJSC's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was د.إ14,868 Mil. Tabreed PJSC's debt to asset for the quarter that ended in Mar. 2024 was 0.43.

Tabreed PJSC Debt-to-Asset Historical Data

The historical data trend for Tabreed 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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Tabreed PJSC Debt-to-Asset Chart

Tabreed PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.35

0.50

0.47

0.44

Tabreed PJSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.45	0.45	0.44	0.44	0.43

Competitive Comparison of Tabreed PJSC's Debt-to-Asset

For the Utilities - Regulated Water subindustry, Tabreed 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.

Tabreed PJSC's Debt-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tabreed PJSC's Debt-to-Asset distribution charts can be found below:

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

Tabreed PJSC Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tabreed 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
	=	(114.087	+	6324.544)	/	14813.69
	=	0.43

Tabreed PJSC's Debt-to-Asset for the quarter that ended in Mar. 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
	=	(2595.106	+	3808.115)	/	14868.263
	=	0.43

Tabreed PJSC (DFM:TABREED) 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.

Tabreed PJSC Debt-to-Asset Related Terms

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Tabreed PJSC (DFM:TABREED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tabreed PJSC (DFM:TABREED) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 29478, Masdar City, Abu Dhabi, ARE

Website

https://www.tabreed.ae

Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.

Tabreed PJSC (DFM:TABREED) Headlines

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