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Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) Liabilities-to-Assets : 0.74 (As of Mar. 2024)


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What is Shamal Az-Zour Al-Oula Power And Water Co KSCP Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Shamal Az-Zour Al-Oula Power And Water Co KSCP's Total Liabilities for the quarter that ended in Mar. 2024 was KWD375.46 Mil. Shamal Az-Zour Al-Oula Power And Water Co KSCP's Total Assets for the quarter that ended in Mar. 2024 was KWD505.76 Mil. Therefore, Shamal Az-Zour Al-Oula Power And Water Co KSCP's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.74.


Shamal Az-Zour Al-Oula Power And Water Co KSCP Liabilities-to-Assets Historical Data

The historical data trend for Shamal Az-Zour Al-Oula Power And Water Co KSCP's Liabilities-to-Assets 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.

Shamal Az-Zour Al-Oula Power And Water Co KSCP Liabilities-to-Assets Chart

Shamal Az-Zour Al-Oula Power And Water Co KSCP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.86 0.92 0.88 0.76 0.74

Shamal Az-Zour Al-Oula Power And Water Co KSCP Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.77 0.74 0.72 0.74 0.74

Competitive Comparison of Shamal Az-Zour Al-Oula Power And Water Co KSCP's Liabilities-to-Assets

For the Utilities - Diversified subindustry, Shamal Az-Zour Al-Oula Power And Water Co KSCP's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Shamal Az-Zour Al-Oula Power And Water Co KSCP's Liabilities-to-Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shamal Az-Zour Al-Oula Power And Water Co KSCP's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Shamal Az-Zour Al-Oula Power And Water Co KSCP's Liabilities-to-Assets falls into.



Shamal Az-Zour Al-Oula Power And Water Co KSCP Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Shamal Az-Zour Al-Oula Power And Water Co KSCP's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=343.677/463.99
=0.74

Shamal Az-Zour Al-Oula Power And Water Co KSCP's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=375.463/505.756
=0.74

* 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.


Shamal Az-Zour Al-Oula Power And Water Co KSCP  (KUW:AZNOULA) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Shamal Az-Zour Al-Oula Power And Water Co KSCP Liabilities-to-Assets Related Terms

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Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) Business Description

Traded in Other Exchanges
N/A
Address
Khalid Ibn Al Waleed Street, 6th Floor, Mazaya Tower 2, Block 3, Mirqab, Kuwait City, KWT
Shamal Az-Zour Al-Oula Power And Water Co KSCP is engaged in the development of Az-Zour North One Power and Water plant. The company promotes power generation plants and builds and operates power production and water desalination plants that produce more than 500 MW.

Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) Headlines

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