Seef Properties BSC (BAH:SEEF) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is Seef Properties BSC 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. Seef Properties BSC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Seef Properties BSC's long-term debt to total assets ratio declined from Mar. 2023 (0.06) to Mar. 2024 (0.05). It may suggest that Seef Properties BSC is progressively becoming less dependent on debt to grow their business.

Seef Properties BSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Seef Properties BSC'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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Seef Properties BSC LT-Debt-to-Total-Asset Chart

Seef Properties BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.06

0.05

Seef Properties BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.06	0.05	0.05	0.05

Seef Properties BSC LT-Debt-to-Total-Asset Calculation

Seef Properties BSC'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 )
	=	9.265	/	178.994
	=	0.05

Seef Properties BSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	8.994	/	175.767
	=	0.05

Seef Properties BSC (BAH:SEEF) 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.

Seef Properties BSC LT-Debt-to-Total-Asset Related Terms

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Seef Properties BSC (BAH:SEEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Seef Properties BSC (BAH:SEEF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 2102, Road 2825, Block 428, P.O. Box 20084,, Seef District, Manama, BHR

Website

https://www.seef.com.bh

Seef Properties BSC is an integrated real estate development company in the Kingdom of Bahrain. The company specialised in developing and managing commercial leisure and recreational facilities. It also owns and manages three Seef Malls located in different areas around the Kingdom. Magic Island, is an Indoor theme park located within its Malls. Al Liwan, a mixed-use development project, and Fraser Suites Seef Bahrain serviced apartments located in Seef Mall and managed by Fraser Suites, a global hospitality brand.

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