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Al-Modawat Specialized Medical Co (SAU:9594) Liabilities-to-Assets : 0.33 (As of Jun. 2024)


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What is Al-Modawat Specialized Medical 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-Modawat Specialized Medical Co's Total Liabilities for the quarter that ended in Jun. 2024 was ﷼37.93 Mil. Al-Modawat Specialized Medical Co's Total Assets for the quarter that ended in Jun. 2024 was ﷼116.44 Mil. Therefore, Al-Modawat Specialized Medical Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.33.


Al-Modawat Specialized Medical Co Liabilities-to-Assets Historical Data

The historical data trend for Al-Modawat Specialized Medical 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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Al-Modawat Specialized Medical Co Liabilities-to-Assets Chart

Al-Modawat Specialized Medical Co Annual Data
Trend Dec22 Dec23
Liabilities-to-Assets
0.51 0.50

Al-Modawat Specialized Medical Co Quarterly Data
Dec22 Jun23 Dec23 Jun24
Liabilities-to-Assets 0.51 - 0.50 0.33

Competitive Comparison of Al-Modawat Specialized Medical Co's Liabilities-to-Assets

For the Medical Care Facilities subindustry, Al-Modawat Specialized Medical 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-Modawat Specialized Medical Co's Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Al-Modawat Specialized Medical Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Al-Modawat Specialized Medical Co's Liabilities-to-Assets falls into.



Al-Modawat Specialized Medical 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-Modawat Specialized Medical 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
=39.769/79.021
=0.50

Al-Modawat Specialized Medical 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
=37.93/116.443
=0.33

* 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-Modawat Specialized Medical Co  (SAU:9594) 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-Modawat Specialized Medical Co Liabilities-to-Assets Related Terms

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Al-Modawat Specialized Medical Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Kingdom of Saudi Arabia, P.O. Box 176, Muhayil, SAU
Al-Modawat Specialized Medical Co is a company engaged in Pharmacy activities, drug warehouse activities, other activities for selling pharmaceutical, medical and cosmetic products and retail toiletries in specialized stores, public hospitals.

Al-Modawat Specialized Medical Co Headlines

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