AL Manara Islamic Insurance Co (AMM:MIIC) LT-Debt-to-Total-Asset : 0.00 (As of . 20)

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What is AL Manara Islamic Insurance Co 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 Manara Islamic Insurance Co's long-term debt to total assests ratio for the quarter that ended in . 20 was 0.00.

AL Manara Islamic Insurance Co's long-term debt to total assets ratio stayed the same from . 20 (0.00) to . 20 (0.00).

AL Manara Islamic Insurance Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for AL Manara Islamic Insurance Co'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 Manara Islamic Insurance Co LT-Debt-to-Total-Asset Chart

AL Manara Islamic Insurance Co Annual Data

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AL Manara Islamic Insurance Co Semi-Annual Data

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AL Manara Islamic Insurance Co LT-Debt-to-Total-Asset Calculation

AL Manara Islamic Insurance Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )	=	Long-Term Debt & Capital Lease Obligation (A: . 20 )	/	Total Assets (A: . 20 )
	=		/
	=

AL Manara Islamic Insurance Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in . 20 is calculated as

LT Debt to Total Assets (Q: . 20 )	=	Long-Term Debt & Capital Lease Obligation (Q: . 20 )	/	Total Assets (Q: . 20 )
	=		/
	=

AL Manara Islamic Insurance Co (AMM:MIIC) 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.

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AL Manara Islamic Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AL Manara Islamic Insurance Co (AMM:MIIC) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Shemesani - Shaker Bin Zaid Street, P.O Box 935818, Amman, JOR, 11193

Website

https://www.almanarainsurance.com

AL Manara Islamic Insurance Co is engaged in insurance activities including motors, fire, and other property damages, personal accidents, marine, transportation, aviation, liability, and medical. The majority of the revenue of the company is generated from Jordan.

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