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Commercial Facilities CoK (KUW:FACIL) Liabilities-to-Assets : 0.42 (As of Sep. 2024)


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What is Commercial Facilities CoK 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. Commercial Facilities CoK's Total Liabilities for the quarter that ended in Sep. 2024 was KWD118.31 Mil. Commercial Facilities CoK's Total Assets for the quarter that ended in Sep. 2024 was KWD280.43 Mil. Therefore, Commercial Facilities CoK's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.42.


Commercial Facilities CoK Liabilities-to-Assets Historical Data

The historical data trend for Commercial Facilities CoK'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.

Commercial Facilities CoK Liabilities-to-Assets Chart

Commercial Facilities CoK Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.42 0.42 0.44 0.43

Commercial Facilities CoK Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.43 0.43 0.45 0.44 0.42

Competitive Comparison of Commercial Facilities CoK's Liabilities-to-Assets

For the Credit Services subindustry, Commercial Facilities CoK'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.


Commercial Facilities CoK's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Commercial Facilities CoK's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Commercial Facilities CoK's Liabilities-to-Assets falls into.



Commercial Facilities CoK 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.

Commercial Facilities CoK'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
=119.56/279.921
=0.43

Commercial Facilities CoK's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=118.306/280.431
=0.42

* 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.


Commercial Facilities CoK  (KUW:FACIL) 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.


Commercial Facilities CoK Liabilities-to-Assets Related Terms

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Commercial Facilities CoK Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Al-Ahmed Street, Sharq, P.O.Box 24284, Safat, Kuwait City, KWT, 13103
Commercial Facilities Co SAK is a Kuwait-based company engaged in the provision of instalment credit facilities to finance consumer and commercial products. Its services include financing new and used cars, boats, marine equipment, furniture and electrical appliances, basic construction materials, and granting personal cash loans, among others. The company's services fall into four divisions, including Consumer Loans, Cash Loans, Commercial Loans, and Basic Materials Loans. The company also offers its services through online.

Commercial Facilities CoK Headlines

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