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Arabi Holding Group (KUW:AGHC) Debt-to-Asset : 0.46 (As of Sep. 2024)


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What is Arabi Holding Group Debt-to-Asset?

Arabi Holding Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD122.90 Mil. Arabi Holding Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD23.63 Mil. Arabi Holding Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was KWD318.17 Mil. Arabi Holding Group's debt to asset for the quarter that ended in Sep. 2024 was 0.46.


Arabi Holding Group Debt-to-Asset Historical Data

The historical data trend for Arabi Holding Group'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.

Arabi Holding Group Debt-to-Asset Chart

Arabi Holding Group Annual Data
Trend Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.60 0.59 0.54 0.50

Arabi Holding Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.50 0.45 0.50 0.46

Competitive Comparison of Arabi Holding Group's Debt-to-Asset

For the Conglomerates subindustry, Arabi Holding Group'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.


Arabi Holding Group's Debt-to-Asset Distribution in the Conglomerates Industry

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

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


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Arabi Holding Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Arabi Holding Group'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
=(138.326 + 20.665) / 315.502
=0.50

Arabi Holding Group's Debt-to-Asset for the quarter that ended in Sep. 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
=(122.895 + 23.628) / 318.171
=0.46

* 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.


Arabi Holding Group  (KUW:AGHC) 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.


Arabi Holding Group Debt-to-Asset Related Terms

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Arabi Holding Group Business Description

Traded in Other Exchanges
N/A
Address
Forth Ring Road, P.O. Box 4090, Plot 175/176C, Behind Ali Abdulwahab Furniture Showroom, Shuwaikh Industrial Area, Safat, Kuwait, KWT, 13041
Arabi Holding Group is an investment holding company. Its operating segment includes Oil and Gas, and Commercial. It generates maximum revenue from the Oil and Gas segment. Its group's revenue sources include services and maintenance, construction, manpower supply, sale of goods, and other sources. Geographically, it derives a majority of its revenue from Kuwait.