Salik Company PJSC (DFM:SALIK) LT-Debt-to-Total-Asset : 0.50 (As of Dec. 2024)

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What is Salik Company 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. Salik Company PJSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.50.

Salik Company PJSC's long-term debt to total assets ratio declined from Dec. 2023 (0.77) to Dec. 2024 (0.50). It may suggest that Salik Company PJSC is progressively becoming less dependent on debt to grow their business.

Salik Company PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Salik Company 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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Salik Company PJSC LT-Debt-to-Total-Asset Chart

Salik Company PJSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.75

0.77

0.50

Salik Company PJSC Quarterly Data
	Dec18	Dec19	Dec20	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												0.77	0.72	0.76	0.79	0.50

Salik Company PJSC LT-Debt-to-Total-Asset Calculation

Salik Company 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 )
	=	3997.682	/	7985.901
	=	0.50

Salik Company 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 )
	=	3997.682	/	7985.901
	=	0.50

Salik Company PJSC (DFM:SALIK) 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.

Salik Company PJSC LT-Debt-to-Total-Asset Related Terms

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Salik Company PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Salik Company PJSC (DFM:SALIK) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Festival Tower, P.O Box: 36003, Suite No. 400, 4th floor, Dubai Festival City, Dubai, ARE

Website

https://www.salik.ae

Salik Company PJSC is engaged in the operations and maintenance of toll gates in Dubai. It also is involved in the design and construction of new tollgates, including without limitation, the required tolling equipment, infrastructure, and any other interface requirements. The Company is organised into one segment, which is the Tolling Business.

Salik Company PJSC Headlines

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