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Al Kathiri Holding Co (SAU:3008) Liabilities-to-Assets : 0.56 (As of Sep. 2024)


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What is Al Kathiri 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. Al Kathiri Holding Co's Total Liabilities for the quarter that ended in Sep. 2024 was ﷼170.0 Mil. Al Kathiri Holding Co's Total Assets for the quarter that ended in Sep. 2024 was ﷼303.3 Mil. Therefore, Al Kathiri Holding Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.56.


Al Kathiri Holding Co Liabilities-to-Assets Historical Data

The historical data trend for Al Kathiri 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.

* Premium members only.

Al Kathiri Holding Co Liabilities-to-Assets Chart

Al Kathiri Holding Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.36 0.25 0.26 0.33 0.56

Al Kathiri Holding Co 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 0.53 0.56 0.56 0.56 0.56

Competitive Comparison of Al Kathiri Holding Co's Liabilities-to-Assets

For the Building Materials subindustry, Al Kathiri 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.


Al Kathiri Holding Co's Liabilities-to-Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Al Kathiri Holding Co's Liabilities-to-Assets distribution charts can be found below:

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


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Al Kathiri 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.

Al Kathiri Holding 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
=169.685/300.971
=0.56

Al Kathiri Holding Co'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
=169.976/303.298
=0.56

* 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.


Al Kathiri Holding Co  (SAU:3008) 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.


Al Kathiri Holding Co Liabilities-to-Assets Related Terms

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Al Kathiri Holding Co Business Description

Traded in Other Exchanges
N/A
Address
Prince Yazid bin Abdullah bin, Unit No. 19, Abdulrahman - Al - Malqa District, Riyadh, SAU, 13523-6695
Al Kathiri Holding Co is engaged in the building materials business. The company transfers, distributes, and sells cement to local markets in all regions of the Kingdom, mainly the markets of the central region and the western region. It also distributes and supplies raw materials for the production of ready-made concrete of all kinds. The company has established a prefabricated concrete plant. The activities of the company later expanded to include the production of ready-mixed concrete and the manufacture of Imdo panels.

Al Kathiri Holding Co Headlines

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