Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Long-Term Debt : KWD50.06 Mil (As of Sep. 2024)

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What is Burgan Company for Well Drilling Trading and MaintenanceK Long-Term Debt?

Burgan Company for Well Drilling Trading and MaintenanceK's Long-Term Debt for the quarter that ended in Sep. 2024 was KWD50.06 Mil.

Burgan Company for Well Drilling Trading and MaintenanceK's quarterly Long-Term Debt declined from Mar. 2024 (KWD43.81 Mil) to Jun. 2024 (KWD41.40 Mil) but then increased from Jun. 2024 (KWD41.40 Mil) to Sep. 2024 (KWD50.06 Mil).

Burgan Company for Well Drilling Trading and MaintenanceK's annual Long-Term Debt declined from Mar. 2022 (KWD61.58 Mil) to Mar. 2023 (KWD50.96 Mil) and declined from Mar. 2023 (KWD50.96 Mil) to Mar. 2024 (KWD43.81 Mil).

Burgan Company for Well Drilling Trading and MaintenanceK Long-Term Debt Historical Data

The historical data trend for Burgan Company for Well Drilling Trading and MaintenanceK's Long-Term Debt 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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Burgan Company for Well Drilling Trading and MaintenanceK Long-Term Debt Chart

Burgan Company for Well Drilling Trading and MaintenanceK Annual Data

Trend

Mar13

Mar14

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Debt

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94.62

71.27

61.58

50.96

43.81

Burgan Company for Well Drilling Trading and MaintenanceK Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Debt	Get a 7-Day Free Trial															50.13	46.76	43.81	41.40	50.06

Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Burgan Company for Well Drilling Trading and MaintenanceK Long-Term Debt Related Terms

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Burgan Company for Well Drilling Trading and MaintenanceK Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Burgan Company for Well Drilling Trading and Maintenance SAK (KUW:ABAR) » Definitions » Long-Term Debt

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Traded in Other Exchanges

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Address

Al-Ahmadi, Street 306, Al Fahaheel, Block 3, P.O. Box 47143, West Industrial Shuaiba, Kuwait, KWT, 64022

Website

https://www.burgandrilling.com

Burgan Company for Well Drilling Trading and Maintenance SAK provides drilling, exploration, and maintenance services for oil and gas companies. The company offers development and exploratory services, as well as drilling and maintenance of oil and gas wells in Kuwait and internationally with the approval of the Ministry of Oil. It also establishes, participates in, or acquires affiliates as outlined in its Memorandum of Incorporation. Additionally, the company invests its financial surpluses in portfolios managed by specialized entities. Burgan Company serves its clients by drilling deep, medium, and shallow wells, as well as performing workover operations. Its primary operating segment is oil and gas well services.

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