Morabaha Marina Financing Co (SAU:4082) Debt-to-Asset : 0.40 (As of Sep. 2024)

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What is Morabaha Marina Financing Co Debt-to-Asset?

Morabaha Marina Financing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ﷼320.4 Mil. Morabaha Marina Financing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ﷼263.3 Mil. Morabaha Marina Financing Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ﷼1,465.1 Mil. Morabaha Marina Financing Co's debt to asset for the quarter that ended in Sep. 2024 was 0.40.

Morabaha Marina Financing Co Debt-to-Asset Historical Data

The historical data trend for Morabaha Marina Financing 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.

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Morabaha Marina Financing Co Debt-to-Asset Chart

Morabaha Marina Financing Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.63

0.51

0.34

Morabaha Marina Financing Co Quarterly Data
	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial								0.38	0.34	0.39	0.36	0.40

Competitive Comparison of Morabaha Marina Financing Co's Debt-to-Asset

For the Credit Services subindustry, Morabaha Marina Financing 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.

Morabaha Marina Financing Co's Debt-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Morabaha Marina Financing Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Morabaha Marina Financing Co's Debt-to-Asset falls into.

Morabaha Marina Financing Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Morabaha Marina Financing 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
	=	(237.544	+	223.521)	/	1342.586
	=	0.34

Morabaha Marina Financing 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
	=	(320.384	+	263.3)	/	1465.052
	=	0.40

Morabaha Marina Financing Co (SAU:4082) 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.

Morabaha Marina Financing Co Debt-to-Asset Related Terms

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Morabaha Marina Financing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Morabaha Marina Financing Co (SAU:4082) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Thoumamah Road, P.O. Box 8055, Al Rabie District, Riyadh, SAU, 14925

Website

https://www.mrna.sa

Morabaha Marina Financing Co operates in the field of non-bank financing. It is engaged in leasing and providing financing facilities to medium and small enterprises and consumers in addition to financing production assets and offering consumer finance in accordance with the Saudi Central Bank. The Company's objective is to provide financing for Retails & SME`s. The Company has only one geographical segment and it operates in the Kingdom of Saudi Arabia. The company offers financing solutions through tawarruq, leasing, and murabaha products.

Morabaha Marina Financing Co Headlines

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