Arabtec Holding PJSC (DFM:ARTC) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2020)

View and export this data going back to 2005. Start your Free Trial

What is Arabtec Holding 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. Arabtec Holding PJSC's long-term debt to total assests ratio for the quarter that ended in Jun. 2020 was 0.03.

Arabtec Holding PJSC's long-term debt to total assets ratio declined from Mar. 2019 (0.09) to Jun. 2020 (0.03). It may suggest that Arabtec Holding PJSC is progressively becoming less dependent on debt to grow their business.

Arabtec Holding PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Arabtec Holding 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.

Arabtec Holding PJSC LT-Debt-to-Total-Asset Chart

Arabtec Holding PJSC Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.03

0.07

0.05

0.03

Arabtec Holding PJSC Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.07	0.06	0.03	0.03

Arabtec Holding PJSC LT-Debt-to-Total-Asset Calculation

Arabtec Holding PJSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	277.11	/	10251.612
	=	0.03

Arabtec Holding PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

LT Debt to Total Assets (Q: Jun. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2020 )	/	Total Assets (Q: Jun. 2020 )
	=	273.605	/	9787.206
	=

Arabtec Holding PJSC (DFM:ARTC) 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.

Arabtec Holding PJSC LT-Debt-to-Total-Asset Related Terms

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

Arabtec Holding PJSC (DFM:ARTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Arabtec Holding PJSC (DFM:ARTC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sultan Bin Zayed the First Street (Al Muroor Road), 1st Floor, P.O. Box 7340, Low Rise IPIC Building, Abu Dhabi, ARE

Website

http://www.arabtecholding.com

Arabtec Holding offers construction services and property development for residential and commercial sectors. Arabtec has four operating segments: building (majority of total revenue), economic and social infrastructure, industrial, and other. It specializes in various construction components and conducts planning and project management throughout the process. The company develops industrial and infrastructure projects for oil, gas, pipeline, power generation, marine, and other industrial markets. It constructs high-rise towers, buildings, and residential complexes, and provides engineering components to meet customers' needs. The majority of revenue is derived from Gulf Cooperation Council countries.

Arabtec Holding PJSC (DFM:ARTC) Headlines

No Headlines