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Alkhorayef Water & Power Technologies (SAU:2081) Liabilities-to-Assets : 0.68 (As of Mar. 2024)


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What is Alkhorayef Water & Power Technologies 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. Alkhorayef Water & Power Technologies's Total Liabilities for the quarter that ended in Mar. 2024 was ﷼1,256 Mil. Alkhorayef Water & Power Technologies's Total Assets for the quarter that ended in Mar. 2024 was ﷼1,837 Mil. Therefore, Alkhorayef Water & Power Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.68.


Alkhorayef Water & Power Technologies Liabilities-to-Assets Historical Data

The historical data trend for Alkhorayef Water & Power Technologies'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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Alkhorayef Water & Power Technologies Liabilities-to-Assets Chart

Alkhorayef Water & Power Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.46 0.53 0.67 0.68

Alkhorayef Water & Power Technologies Quarterly Data
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 0.69 0.69 0.69 0.68 0.68

Competitive Comparison of Alkhorayef Water & Power Technologies's Liabilities-to-Assets

For the Utilities - Regulated Water subindustry, Alkhorayef Water & Power Technologies'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.


Alkhorayef Water & Power Technologies's Liabilities-to-Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Alkhorayef Water & Power Technologies's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Alkhorayef Water & Power Technologies's Liabilities-to-Assets falls into.



Alkhorayef Water & Power Technologies 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.

Alkhorayef Water & Power Technologies'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
=1164.438/1702.029
=0.68

Alkhorayef Water & Power Technologies'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
=1256.498/1837.15
=0.68

* 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.


Alkhorayef Water & Power Technologies  (SAU:2081) 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.


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Alkhorayef Water & Power Technologies (SAU:2081) Business Description

Traded in Other Exchanges
N/A
Address
King Abdulaziz Road (North) Exit-5, Post Box No. 62637, AlNafal District, Riyadh, SAU, 11595
Alkhorayef Water & Power Technologies is a player in the Saudi Arabian water and wastewater market. Its business consists of three business divisions: Water segment; Wastewater segment; and Integrated solutions segment. It provides services including water withdrawal and treatment, water networks, wastewater networks, wastewater treatment, city management, stormwater network and lifting stations, and water management services.

Alkhorayef Water & Power Technologies (SAU:2081) Headlines

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