Fujairah Building Industries PJSC (ADX:FBI) LT-Debt-to-Total-Asset: 0.10 (As of Dec. 2023)


ADX:FBI Fujairah Building Industries PJSC ADX:FBI
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What is Fujairah Building Industries PJSC LT-Debt-to-Total-Asset?

Fujairah Building Industries PJSC ADX:FBI -4.76% 10 LT-Debt-to-Total-Asset is 0.10 as of Dec. 2023. GuruFocus rates ADX:FBI with a GF Score™ of 10/100.

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. Fujairah Building Industries PJSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.10.

Fujairah Building Industries PJSC's long-term debt to total assets ratio declined from Dec. 2021 (0.12) to Dec. 2023 (0.10). It may suggest that Fujairah Building Industries PJSC is progressively becoming less dependent on debt to grow their business.


Fujairah Building Industries PJSC  (ADX:FBI) 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.


Fujairah Building Industries PJSC LT-Debt-to-Total-Asset Related Terms


Fujairah Building Industries PJSC LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Fujairah Building Industries 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.

Fujairah Building Industries PJSC LT-Debt-to-Total-Asset Chart

Fujairah Building Industries PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.14 0.12 0.10 0.10

Fujairah Building Industries PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.14 0.12 0.10 0.10
ADX:FBI
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Fujairah Building Industries PJSC ADX:FBI
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Fujairah Building Industries PJSC LT-Debt-to-Total-Asset Calculation

Fujairah Building Industries PJSC'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 )
=38.331/397.729
=0.10

Fujairah Building Industries PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=38.331/397.729
=0.10

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.10 mean?
Fujairah Building Industries PJSC (ADX:FBI) has a LT-Debt-to-Total-Asset of 0.10 as of Dec. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Fujairah Building Industries PJSC and its competitors.
Is Fujairah Building Industries PJSC's LT-Debt-to-Total-Asset too high?
Fujairah Building Industries PJSC's current LT-Debt-to-Total-Asset is 0.10. Overall, Fujairah Building Industries PJSC has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Fujairah Building Industries PJSC's LT-Debt-to-Total-Asset compare to TT and JCI?
Fujairah Building Industries PJSC's LT-Debt-to-Total-Asset of 0.10 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Construction company?
A good LT-Debt-to-Total-Asset depends on the Construction industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Fujairah Building Industries PJSC and its competitors. Fujairah Building Industries PJSC's current LT-Debt-to-Total-Asset is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujairah Building Industries PJSC stock overvalued right now?
Fujairah Building Industries PJSC (ADX:FBI) has a current LT-Debt-to-Total-Asset of 0.10. The current LT-Debt-to-Total-Asset is 0.10. Fujairah Building Industries PJSC's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Fujairah Building Industries PJSC (ADX:FBI), the current LT-Debt-to-Total-Asset is 0.10 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fujairah Building Industries PJSC Business Description

Address Al Hayl Industrial Area, P.O. Box 383, Fujairah, ARE
Fujairah Building Industries PJSC is engaged in the construction sector. The products of the company are Concrete products, Rockwool products, Quarry products, and Marbles and tiles. Geographically, the company derives maximum revenue from UAE.
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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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