Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2021)

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What is Al Seer Marine Supplies & Equipment PJSC 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. Al Seer Marine Supplies & Equipment PJSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2021 was 0.00.

Al Seer Marine Supplies & Equipment PJSC's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2021 (0.00). It may suggest that Al Seer Marine Supplies & Equipment PJSC is progressively becoming more dependent on debt to grow their business.

Al Seer Marine Supplies & Equipment PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Al Seer Marine Supplies & Equipment PJSC'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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Al Seer Marine Supplies & Equipment PJSC LT-Debt-to-Total-Asset Chart

Al Seer Marine Supplies & Equipment PJSC Annual Data

Trend

Dec20

Dec21

LT-Debt-to-Total-Asset

0.01

Al Seer Marine Supplies & Equipment PJSC Semi-Annual Data
	Dec20	Dec21
LT-Debt-to-Total-Asset	0.01	-

Al Seer Marine Supplies & Equipment PJSC LT-Debt-to-Total-Asset Calculation

Al Seer Marine Supplies & Equipment PJSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	6.53	/	6121.598
	=	0.00

Al Seer Marine Supplies & Equipment PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (Q: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2021 )	/	Total Assets (Q: Dec. 2021 )
	=	6.53	/	6121.598
	=	0.00

Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) 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.

Al Seer Marine Supplies & Equipment PJSC LT-Debt-to-Total-Asset Related Terms

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Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot Number A-20, Sector MW-5, P.O. Box 33639, Mussafah Industrial City, Abu Dhabi, ARE

Website

https://www.alseermarine.ae

Al Seer Marine Supplies & Equipment PJSC is a marine company in the Arabian maritime region, with a portfolio of services that caters to all needs of boat owners, managers and crew. The services of the company include Boat Building, Maintenance Services, Yacht Management, Training Institute, and Maintenance services among others.