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Ades Holding Co (SAU:2382) Liabilities-to-Assets : 0.70 (As of Dec. 2024)


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What is Ades Holding 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. Ades Holding Co's Total Liabilities for the quarter that ended in Dec. 2024 was ﷼15,091 Mil. Ades Holding Co's Total Assets for the quarter that ended in Dec. 2024 was ﷼21,629 Mil. Therefore, Ades Holding Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.70.


Ades Holding Co Liabilities-to-Assets Historical Data

The historical data trend for Ades Holding 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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Ades Holding Co Liabilities-to-Assets Chart

Ades Holding Co Annual Data
Trend Dec23 Dec24
Liabilities-to-Assets
0.70 0.70

Ades Holding Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Liabilities-to-Assets Get a 7-Day Free Trial 0.70 0.70 0.69 0.70 0.70

Competitive Comparison of Ades Holding Co's Liabilities-to-Assets

For the Oil & Gas Drilling subindustry, Ades Holding 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.


Ades Holding Co's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ades Holding Co's Liabilities-to-Assets distribution charts can be found below:

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


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Ades Holding 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.

Ades Holding Co'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
=15090.706/21628.69
=0.70

Ades Holding Co'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
=15090.706/21628.69
=0.70

* 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.


Ades Holding Co  (SAU:2382) 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.


Ades Holding Co Liabilities-to-Assets Related Terms

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Ades Holding Co Business Description

Traded in Other Exchanges
N/A
Address
7429 Prince turki street, Corniche District, Al Khobar, SAU, 2203
Ades Holding Co is a company whose main purpose is oil and gas drilling and production services in the MENA region. The Company's main activities are as follows which is Contracting services for excavation and maintenance of onshore and offshore wells, Services related to oil extraction, Excavation and onshore and offshore maintenance services. Provision of contracted offshore and onshore excavation services Provision of maintenance and production services.

Ades Holding Co Headlines

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