EMSTEEL Building Materials PJSC (ADX:EMSTEEL) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is EMSTEEL Building Materials 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. EMSTEEL Building Materials PJSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

EMSTEEL Building Materials PJSC's long-term debt to total assets ratio declined from Dec. 2023 (0.03) to Dec. 2024 (0.03). It may suggest that EMSTEEL Building Materials PJSC is progressively becoming less dependent on debt to grow their business.

EMSTEEL Building Materials PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for EMSTEEL Building Materials 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.

* Premium members only.

EMSTEEL Building Materials PJSC LT-Debt-to-Total-Asset Chart

EMSTEEL Building Materials PJSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.17

0.06

0.05

0.03

EMSTEEL Building Materials PJSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.03

EMSTEEL Building Materials PJSC LT-Debt-to-Total-Asset Calculation

EMSTEEL Building Materials PJSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	321.113	/	11258.524
	=	0.03

EMSTEEL Building Materials PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	321.113	/	11258.524
	=	0.03

EMSTEEL Building Materials PJSC (ADX:EMSTEEL) 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.

EMSTEEL Building Materials PJSC LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of EMSTEEL Building Materials PJSC's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

EMSTEEL Building Materials PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » EMSTEEL Building Materials PJSC (ADX:EMSTEEL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Dhabi Industrial City (ICAD, PO Box: 9022, Musaffah, Abu Dhabi, ARE

Website

https://www.emsteel.com

EMSTEEL Building Materials PJSC is a steel and building materials manufacturer. The Group incorporates the latest technologies in manufacturing, efficiency and sustainability, to deliver the high-quality products, services and solutions that clients need for their business to thrive today and tomorrow. It produces home-grown high-quality steel products that are shipped and used across the world and delivered into major world-wide markets, for the construction, engineering and energy sectors. The group segments include: Steel, Cement and Blocks, and Pipes and other. It derives maximum revenue from Steel segment.

EMSTEEL Building Materials PJSC Headlines

No Headlines