Alef Education Holding (ADX:ALEFEDT) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Alef Education Holding LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Alef Education Holding's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Alef Education Holding's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.01). It may suggest that Alef Education Holding is progressively becoming more dependent on debt to grow their business.

Alef Education Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alef Education Holding's LT-Debt-to-Total-Asset 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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Alef Education Holding LT-Debt-to-Total-Asset Chart

Alef Education Holding Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Alef Education Holding Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				-	-	-	0.01	0.01

Alef Education Holding LT-Debt-to-Total-Asset Calculation

Alef Education Holding's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0.242	/	621.821
	=	0.00

Alef Education Holding's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	3.935	/	749.037
	=	0.01

Alef Education Holding (ADX:ALEFEDT) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Alef Education Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Alef Education Holding Plc (ADX:ALEFEDT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Muntazah - Ministries Complex, P.O. Box 769719, Abu Dhabi, ARE

Website

https://www.alefeducation.com

Alef Education Holding Plc is an EdTech company which designs impactful learning experiences for students customized to different curriculums.

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