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Amer Group Holding CoE (CAI:AMER) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)


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What is Amer Group Holding CoE 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. Amer Group Holding CoE's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

Amer Group Holding CoE's long-term debt to total assets ratio declined from Jun. 2023 (0.19) to Sep. 2024 (0.05). It may suggest that Amer Group Holding CoE is progressively becoming less dependent on debt to grow their business.


Amer Group Holding CoE LT-Debt-to-Total-Asset Historical Data

The historical data trend for Amer Group Holding CoE'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.

Amer Group Holding CoE LT-Debt-to-Total-Asset Chart

Amer Group Holding CoE Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.06 0.07 0.08

Amer Group Holding CoE Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only 0.19 - 0.06 - 0.05

Amer Group Holding CoE LT-Debt-to-Total-Asset Calculation

Amer Group Holding CoE's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=745.457/9973.386
=0.07

Amer Group Holding CoE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=411.088/7815.51
=0.05

* 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.


Amer Group Holding CoE  (CAI:AMER) 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.


Amer Group Holding CoE LT-Debt-to-Total-Asset Related Terms

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Amer Group Holding CoE Business Description

Traded in Other Exchanges
N/A
Address
11 Cleopatra Street, Heliopolis, Cairo, EGY
Amer Group Holding Co SAE is a real estate developer. The company has business in primary and secondary homes market as well as hotels, shopping malls, and restaurants. The projects of the company include porto marina, porto sokhna, and porto cairo mall.

Amer Group Holding CoE Headlines

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