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National Finance CoOG (MUS:NFCI) Liabilities-to-Assets : 0.76 (As of Dec. 2024)


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What is National Finance CoOG 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. National Finance CoOG's Total Liabilities for the quarter that ended in Dec. 2024 was ر.ع460.89 Mil. National Finance CoOG's Total Assets for the quarter that ended in Dec. 2024 was ر.ع606.49 Mil. Therefore, National Finance CoOG's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.76.


National Finance CoOG Liabilities-to-Assets Historical Data

The historical data trend for National Finance CoOG'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.

National Finance CoOG Liabilities-to-Assets Chart

National Finance CoOG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.74 0.74 0.79 0.76

National Finance CoOG Quarterly Data
Sep18 Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.79 0.81 0.75 0.76 0.76

Competitive Comparison of National Finance CoOG's Liabilities-to-Assets

For the Credit Services subindustry, National Finance CoOG'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.


National Finance CoOG's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, National Finance CoOG's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where National Finance CoOG's Liabilities-to-Assets falls into.


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National Finance CoOG 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.

National Finance CoOG's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=460.888/606.491
=0.76

National Finance CoOG's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=460.888/606.491
=0.76

* 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.


National Finance CoOG  (MUS:NFCI) 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.


National Finance CoOG Liabilities-to-Assets Related Terms

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National Finance CoOG Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1706, Ruwi, OMN, 112
National Finance Co SAOG is a financial institution. The company is engaged in the leasing business. It offers a wide range of financial products to corporate and retail customers with a key focus on Small and Medium Enterprises. The company offers vehicle finance, consumer durables finance, special schemes, equipment finance, corporate deposits, and factoring services.

National Finance CoOG Headlines

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