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Barka Desalination Co (MUS:BRDE) Liabilities-to-Assets : 0.83 (As of Dec. 2023)


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What is Barka Desalination Co 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. Barka Desalination Co's Total Liabilities for the quarter that ended in Dec. 2023 was ر.ع86.83 Mil. Barka Desalination Co's Total Assets for the quarter that ended in Dec. 2023 was ر.ع104.84 Mil. Therefore, Barka Desalination Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.83.


Barka Desalination Co Liabilities-to-Assets Historical Data

The historical data trend for Barka Desalination Co'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.

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Barka Desalination Co Liabilities-to-Assets Chart

Barka Desalination Co Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.89 0.83 0.83

Barka Desalination Co Semi-Annual Data
Dec21 Dec22 Dec23
Liabilities-to-Assets 0.89 0.83 0.83

Competitive Comparison of Barka Desalination Co's Liabilities-to-Assets

For the Utilities - Regulated Water subindustry, Barka Desalination Co'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.


Barka Desalination Co's Liabilities-to-Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Barka Desalination Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Barka Desalination Co's Liabilities-to-Assets falls into.



Barka Desalination Co 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.

Barka Desalination Co'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
=86.832/104.837
=0.83

Barka Desalination Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=86.832/104.837
=0.83

* 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.


Barka Desalination Co  (MUS:BRDE) 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.


Barka Desalination Co Liabilities-to-Assets Related Terms

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Barka Desalination Co (MUS:BRDE) Business Description

Traded in Other Exchanges
N/A
Address
Al Wilaj Street, Way No 1013 Al Qurm, PO Box 252, Building No 1022, Office No 16, 1st Floor, Bousher, Muscat, OMN, 103
Barka Desalination Co is engaged in operation of seawater desalination plant in Oman. The objectives of the Company are to acquire, develop, finance, design, construct, operate, maintain a desalination facility at Barka Independent Water Project, a sea water reverse osmosis (SWRO) plant located in Barka, South Batinah Governorate, Sultanate of Oman.

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