Hily Holding PJSC (ADX:HH) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Hily Holding 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. Hily Holding PJSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.18.

Hily Holding PJSC's long-term debt to total assets ratio declined from Dec. 2022 (0.24) to Dec. 2023 (0.18). It may suggest that Hily Holding PJSC is progressively becoming less dependent on debt to grow their business.

Hily Holding PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hily Holding 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.

Hily Holding PJSC LT-Debt-to-Total-Asset Chart

Hily Holding 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

0.14

0.10

0.17

0.24

0.18

Hily Holding PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.22	0.21	0.19	0.18

Hily Holding PJSC LT-Debt-to-Total-Asset Calculation

Hily Holding 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 )
	=	206.544	/	1120.057
	=	0.18

Hily Holding 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 )
	=	206.544	/	1120.057
	=	0.18

Hily Holding PJSC (ADX:HH) 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.

Hily Holding PJSC LT-Debt-to-Total-Asset Related Terms

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

Hily Holding PJSC (ADX:HH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hily Holding PJSC (ADX:HH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mena Zayed, Plot 4332, P.O. Box 2378, Abu Dhabi, ARE

Website

https://www.hilyholding.com

Hily Holding PJSC Formerly Foodco Holding PJSC is engaged in the import and distribution of foodstuff and household items in the United Arab Emirates, along with investing, development, and management of the real estate and commercial enterprises. It is organized into the following business segments - Investing in securities ("Investment in securities"); ii) Investing in properties ("Investment properties"); iii) Marine, air, and land shipment services along with management and operation of store and warehouses ("Freight forwarding and storage"); and iv) Wholesale and distribution of food products ("Trading").

Hily Holding PJSC (ADX:HH) Headlines

No Headlines