Al Yahtellite Communications Co PJSC (ADX:YAHSAT) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Al Yahtellite Communications Co 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 Yahtellite Communications Co PJSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.19.

Al Yahtellite Communications Co PJSC's long-term debt to total assets ratio declined from Dec. 2022 (0.20) to Dec. 2023 (0.19). It may suggest that Al Yahtellite Communications Co PJSC is progressively becoming less dependent on debt to grow their business.

Al Yahtellite Communications Co PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Al Yahtellite Communications Co 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.

Al Yahtellite Communications Co PJSC LT-Debt-to-Total-Asset Chart

Al Yahtellite Communications Co PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

0.09

0.25

0.20

0.19

Al Yahtellite Communications Co PJSC Quarterly Data
	Dec18	Dec19	Mar20	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												0.20	0.20	0.19	0.19	0.19

Al Yahtellite Communications Co PJSC LT-Debt-to-Total-Asset Calculation

Al Yahtellite Communications Co 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 )
	=	1388.196	/	7303.27
	=	0.19

Al Yahtellite Communications Co 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 )
	=	1388.196	/	7303.27
	=	0.19

Al Yahtellite Communications Co PJSC (ADX:YAHSAT) 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 Yahtellite Communications Co PJSC LT-Debt-to-Total-Asset Related Terms

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

Al Yahtellite Communications Co PJSC (ADX:YAHSAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Al Yah Satellite Communications Co PJSC (ADX:YAHSAT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Dhabi, Al Falah City, ARE

Website

https://www.yahsat.com

Al Yah Satellite Communications Co PJSC is a fixed and mobile satellite services operator offering integrated satellite communications solutions to over 150 countries across Europe, the Middle East, Africa, South America, Asia, and Australasia. It provides multipurpose satellite solutions to both government and commercial for broadband, broadcast, defense, and communications. The segments include the Infrastructure segment, Managed Solutions segment, Mobility Solutions segment, Data Solutions (BCS) segment, and Others. The majority is from the Infrastructure segment, which provides long-term satellite capacity leases, and satellite operation services. Geographically, it generates the majority of its revenue from the United Arab Emirates.

Al Yahtellite Communications Co PJSC (ADX:YAHSAT) Headlines

No Headlines