Horizon Foods Co (SAU:9564) Debt-to-Asset : 0.01 (As of Dec. 2023)

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What is Horizon Foods Co Debt-to-Asset?

Horizon Foods Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼0.03 Mil. Horizon Foods Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼0.57 Mil. Horizon Foods Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was ﷼109.97 Mil. Horizon Foods Co's debt to asset for the quarter that ended in Dec. 2023 was 0.01.

Horizon Foods Co Debt-to-Asset Historical Data

The historical data trend for Horizon Foods 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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Horizon Foods Co Debt-to-Asset Chart

Horizon Foods Co Annual Data

Trend

Dec22

Dec23

Debt-to-Asset

0.01

Horizon Foods Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	-	0.01	0.01	0.01

Competitive Comparison of Horizon Foods Co's Debt-to-Asset

For the Packaged Foods subindustry, Horizon Foods 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.

Horizon Foods Co's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Horizon Foods Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Horizon Foods Co's Debt-to-Asset falls into.

Horizon Foods Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Horizon Foods 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
	=	(0.033	+	0.568)	/	109.972
	=	0.01

Horizon Foods Co's Debt-to-Asset for the quarter 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
	=	(0.033	+	0.568)	/	109.972
	=	0.01

Horizon Foods Co (SAU:9564) 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.

Horizon Foods Co Debt-to-Asset Related Terms

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Horizon Foods Co (SAU:9564) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Horizon Foods Co (SAU:9564) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Third Industrial Area Zone G, Dammam, SAU

Website

https://www.horizonfood.sa

Horizon Foods Co engages in the production, manufacturing, processing, cutting, packaging, and shaping of meat and poultry, and its main activity is in the manufacture of shawarma molds. Its product offerings comprise meat shawarma, Doner Kabab, and Chicken Shawarma.

Horizon Foods Co (SAU:9564) Headlines

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