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Morabaha Marina Financing Co (SAU:4082) Liabilities-to-Assets : 0.43 (As of Sep. 2024)


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What is Morabaha Marina Financing 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. Morabaha Marina Financing Co's Total Liabilities for the quarter that ended in Sep. 2024 was ﷼625.3 Mil. Morabaha Marina Financing Co's Total Assets for the quarter that ended in Sep. 2024 was ﷼1,465.1 Mil. Therefore, Morabaha Marina Financing Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.43.


Morabaha Marina Financing Co Liabilities-to-Assets Historical Data

The historical data trend for Morabaha Marina Financing 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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Morabaha Marina Financing Co Liabilities-to-Assets Chart

Morabaha Marina Financing Co Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.65 0.54 0.37

Morabaha Marina Financing Co Quarterly Data
Jun21 Sep21 Dec21 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 0.40 0.37 0.42 0.39 0.43

Competitive Comparison of Morabaha Marina Financing Co's Liabilities-to-Assets

For the Credit Services subindustry, Morabaha Marina Financing 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.


Morabaha Marina Financing Co's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Morabaha Marina Financing Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Morabaha Marina Financing Co's Liabilities-to-Assets falls into.


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Morabaha Marina Financing 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.

Morabaha Marina Financing 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
=500.353/1342.586
=0.37

Morabaha Marina Financing 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
=625.311/1465.052
=0.43

* 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.


Morabaha Marina Financing Co  (SAU:4082) 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.


Morabaha Marina Financing Co Liabilities-to-Assets Related Terms

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Morabaha Marina Financing Co Business Description

Traded in Other Exchanges
N/A
Address
Al Thoumamah Road, P.O. Box 8055, Al Rabie District, Riyadh, SAU, 14925
Morabaha Marina Financing Co operates in the field of non-bank financing. It is engaged in leasing and providing financing facilities to medium and small enterprises and consumers in addition to financing production assets and offering consumer finance in accordance with the Saudi Central Bank. The Company's objective is to provide financing for Retails & SME`s. The Company has only one geographical segment and it operates in the Kingdom of Saudi Arabia. The company offers financing solutions through tawarruq, leasing, and murabaha products.

Morabaha Marina Financing Co Headlines

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