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Sixth of October Development & Investment/ SodicSA (CAI:OCDI) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)


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What is Sixth of October Development & Investment/ SodicSA 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. Sixth of October Development & Investment/ SodicSA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

Sixth of October Development & Investment/ SodicSA's long-term debt to total assets ratio declined from Jun. 2023 (0.08) to Dec. 2024 (0.05). It may suggest that Sixth of October Development & Investment/ SodicSA is progressively becoming less dependent on debt to grow their business.

Sixth of October Development & Investment/ SodicSA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sixth of October Development & Investment/ SodicSA'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.

Sixth of October Development & Investment/ SodicSA LT-Debt-to-Total-Asset Chart

Sixth of October Development & Investment/ SodicSA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.05 0.09 0.05 0.05

Sixth of October Development & Investment/ SodicSA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 0.08 0.08 0.05 0.05 0.05

Sixth of October Development & Investment/ SodicSA LT-Debt-to-Total-Asset Calculation

Sixth of October Development & Investment/ SodicSA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=2456.889/54372.156
=0.05

Sixth of October Development & Investment/ SodicSA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=2456.889/54372.156
=

* 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.

Sixth of October Development & Investment/ SodicSA  (CAI:OCDI) 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.

Sixth of October Development & Investment/ SodicSA LT-Debt-to-Total-Asset Related Terms

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Sixth of October Development & Investment/ SodicSA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sixth of October Development & Investment/ SodicSA (CAI:OCDI) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
CAI:PHDC CAI:MASR ASX:GMG TSE:8801 TSE:8802 HKSE:00012 PHS:SMPH SHSE:600415 XSWX:SPSN OSTO:BALD B TSE:1878 BOM:503100 BKK:CPN BOM:533274 SHSE:600515 JSE:NRP ASX:CHC TSE:3289 TSE:3288 MEX:VESTA
Traded in Other Exchanges
N/A
Address
Km. 38 Cairo-Alexandria Desert Road, P.O. Box 119, Sheikh Zayed City, Giza, EGY
Website
https://www.sodic.com
Sixth of October Development & Investment/ SodicSA is a real estate development company. Its portfolio includes residential properties, offices, and retail properties. The company encompass various activities and services related to real estate development, including selling, purchasing, leasing, and managing commercial and residential properties, as well as managing sports and entertainment facilities.

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