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Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Debt-to-Asset : 0.17 (As of Mar. 2024)


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What is Heavy Engineering Industries and Shipbuilding Co KSC Debt-to-Asset?

Heavy Engineering Industries and Shipbuilding Co KSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD31.9 Mil. Heavy Engineering Industries and Shipbuilding Co KSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD1.6 Mil. Heavy Engineering Industries and Shipbuilding Co KSC's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was KWD193.2 Mil. Heavy Engineering Industries and Shipbuilding Co KSC's debt to asset for the quarter that ended in Mar. 2024 was 0.17.


Heavy Engineering Industries and Shipbuilding Co KSC Debt-to-Asset Historical Data

The historical data trend for Heavy Engineering Industries and Shipbuilding Co KSC'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.

Heavy Engineering Industries and Shipbuilding Co KSC Debt-to-Asset Chart

Heavy Engineering Industries and Shipbuilding Co KSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.23 0.21 0.21 0.15

Heavy Engineering Industries and Shipbuilding Co KSC 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 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 0.22 0.20 0.20 0.15 0.17

Competitive Comparison of Heavy Engineering Industries and Shipbuilding Co KSC's Debt-to-Asset

For the Engineering & Construction subindustry, Heavy Engineering Industries and Shipbuilding Co KSC'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.


Heavy Engineering Industries and Shipbuilding Co KSC's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Heavy Engineering Industries and Shipbuilding Co KSC's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Heavy Engineering Industries and Shipbuilding Co KSC's Debt-to-Asset falls into.



Heavy Engineering Industries and Shipbuilding Co KSC Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Heavy Engineering Industries and Shipbuilding Co KSC'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
=(25.269 + 1.878) / 183.844
=0.15

Heavy Engineering Industries and Shipbuilding Co KSC'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
=(31.878 + 1.573) / 193.157
=0.17

* 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.


Heavy Engineering Industries and Shipbuilding Co KSC  (KUW:SHIP) 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.


Heavy Engineering Industries and Shipbuilding Co KSC Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Heavy Engineering Industries and Shipbuilding Co KSC's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Business Description

Traded in Other Exchanges
N/A
Address
Shuwaik Port, Gate No.7, P.O. Box 21998, Safat, Kuwait, KWT, 13080
Heavy Engineering Industries and Shipbuilding Company is an Engineering, Procurement and Construction Contracting company based in Kuwait with a diversified range of business in Oil and Gas, Refineries, Petrochemicals, Power, Distillation and Desalination, Shipbuilding and Repair, Marine Services, and Construction sectors. It delivers diversified services to the industry with civil, mechanical, electrical and instrumentation constructions, maintenance, fabrication, galvanizing, shipyard services, and onshore & offshore operations.

Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Headlines

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