Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) Debt-to-Asset : 0.64 (As of Sep. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Kuwait And Middle East Financial Investment Co Debt-to-Asset?

Kuwait And Middle East Financial Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD49.09 Mil. Kuwait And Middle East Financial Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD4.25 Mil. Kuwait And Middle East Financial Investment Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was KWD82.86 Mil. Kuwait And Middle East Financial Investment Co's debt to asset for the quarter that ended in Sep. 2024 was 0.64.

Kuwait And Middle East Financial Investment Co Debt-to-Asset Historical Data

The historical data trend for Kuwait And Middle East Financial Investment Co'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.

Kuwait And Middle East Financial Investment Co Debt-to-Asset Chart

Kuwait And Middle East Financial Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.14

0.57

0.61

Kuwait And Middle East Financial Investment Co 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															0.57	0.61	0.61	0.62	0.64

Competitive Comparison of Kuwait And Middle East Financial Investment Co's Debt-to-Asset

For the Asset Management subindustry, Kuwait And Middle East Financial Investment Co'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.

Kuwait And Middle East Financial Investment Co's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kuwait And Middle East Financial Investment Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Kuwait And Middle East Financial Investment Co's Debt-to-Asset falls into.

Kuwait And Middle East Financial Investment Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Kuwait And Middle East Financial Investment Co'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
	=	(38.385	+	4.104)	/	69.185
	=	0.61

Kuwait And Middle East Financial Investment Co'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
	=	(49.093	+	4.245)	/	82.858
	=	0.64

Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) 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.

Kuwait And Middle East Financial Investment Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Kuwait And Middle East Financial Investment Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuwait And Middle East Financial Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kuwait And Middle East Financial Investment Co (KUW:KMEFIC) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arabian Gulf Street, Khalid Tower, Block 1, Floor 5, Al-Qibla – First Commercial District, Kuwait, KWT, 13009

Website

https://www.kmefic.com

Kuwait And Middle East Financial Investment Co is a Kuwait-based asset management company. The business activity of the group functions through Asset Management, Brokerage and Online Trading, Credit Operations, and Investment, Real Estate and Treasury segments, and Rental and leasing activities. The Asset Management segment is engaged in providing third-party fund and portfolio management services on a fiduciary basis. Besides, the firm is also engaged in other activities such as providing margin loans, money market placements, real estate activities, and proprietary trading in equity stocks and funds. Geographically, the business presence of the firm is seen in both Kuwait and the international market.

Kuwait And Middle East Financial Investment Co Headlines

No Headlines