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Tam Development Co (SAU:9570) Liabilities-to-Assets : 0.45 (As of Jun. 2024)


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What is Tam Development 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. Tam Development Co's Total Liabilities for the quarter that ended in Jun. 2024 was ﷼95.2 Mil. Tam Development Co's Total Assets for the quarter that ended in Jun. 2024 was ﷼212.9 Mil. Therefore, Tam Development Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.45.


Tam Development Co Liabilities-to-Assets Historical Data

The historical data trend for Tam Development 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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Tam Development Co Liabilities-to-Assets Chart

Tam Development Co Annual Data
Trend Dec22 Dec23
Liabilities-to-Assets
0.46 0.42

Tam Development Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Liabilities-to-Assets 0.46 - 0.42 0.45

Competitive Comparison of Tam Development Co's Liabilities-to-Assets

For the Consulting Services subindustry, Tam Development 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.


Tam Development Co's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tam Development Co's Liabilities-to-Assets distribution charts can be found below:

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



Tam Development 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.

Tam Development 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
=79.018/188.778
=0.42

Tam Development Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=95.184/212.897
=0.45

* 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.


Tam Development Co  (SAU:9570) 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.


Tam Development Co Liabilities-to-Assets Related Terms

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Tam Development Co Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road Riyadh 8428, Unit No 11119, Grand Tower, 10th Floor, Additional No 4250, Riyadh, SAU, 12363
Tam Development Co is a Saudi-based management consultancy firm. It offers a model that integrates digital solutions and advisory services, partnering with its clients to public impact.

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