Drake & Scull International PJSC (DFM:DSI) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Drake & Scull International 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. Drake & Scull International PJSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Drake & Scull International PJSC's long-term debt to total assets ratio increased from Dec. 2023 (0.01) to Dec. 2024 (0.01). It may suggest that Drake & Scull International PJSC is progressively becoming more dependent on debt to grow their business.

Drake & Scull International PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Drake & Scull International 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.

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Drake & Scull International PJSC LT-Debt-to-Total-Asset Chart

Drake & Scull International PJSC Annual Data

Trend

Dec15

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Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

Drake & Scull International PJSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.02	0.01	0.01	0.01

Drake & Scull International PJSC LT-Debt-to-Total-Asset Calculation

Drake & Scull International PJSC'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 )
	=	5.164	/	647.026
	=	0.01

Drake & Scull International PJSC'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 )
	=	5.164	/	647.026
	=	0.01

Drake & Scull International PJSC (DFM:DSI) 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.

Drake & Scull International PJSC LT-Debt-to-Total-Asset Related Terms

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Drake & Scull International PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Drake & Scull International PJSC (DFM:DSI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

International Media Production Zone, P.O. Box 65794, Dubai, ARE

Website

https://www.drakescull.com

Drake & Scull International PJSC is engaged in carrying out contracting work relating to the construction industry, such as electrical, plumbing, oil and gas, air conditioning, and sanitation work in the Middle East, Europe, Asia, and North Africa region. The company is organized into business units based on its services and has two reportable business segments, namely, Engineering (Mechanical, Electrical, and Plumbing) and Others. The company is geographically distributed in the UAE and Others. The company is presently engaged in carrying out contracting work relating to the construction industry in the United Arab Emirates, Kuwait, Egypt, Germany, Algeria, India, Iraq, and Jordan.