Unikai Foods PJSC (DFM:UNIKAI) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2024)

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What is Unikai Foods 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. Unikai Foods PJSC's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.14.

Unikai Foods PJSC's long-term debt to total assets ratio increased from Sep. 2023 (0.08) to Sep. 2024 (0.14). It may suggest that Unikai Foods PJSC is progressively becoming more dependent on debt to grow their business.

Unikai Foods PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Unikai Foods 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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Unikai Foods PJSC LT-Debt-to-Total-Asset Chart

Unikai Foods PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.31

0.26

0.20

0.11

0.10

Unikai Foods PJSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.10	0.13	0.12	0.14

Unikai Foods PJSC LT-Debt-to-Total-Asset Calculation

Unikai Foods PJSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	25.176	/	250.976
	=	0.10

Unikai Foods PJSC'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 )
	=	39.731	/	290.563
	=	0.14

Unikai Foods PJSC (DFM:UNIKAI) 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.

Unikai Foods PJSC LT-Debt-to-Total-Asset Related Terms

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Unikai Foods PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Unikai Foods PJSC (DFM:UNIKAI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sheikh Zayed Road, P.O.Box 6424, Opposite Safa Park, Bridge 2, Al Qouz Industrial Area, Dubai, ARE

Website

http://www.unikai.com

Unikai Foods PJSC is engaged in the manufacturing of dairy, juice and ice cream products and the import of various kinds of food products for distribution throughout the Gulf and other countries. The company offers fresh milk, flavoured milk, laban drink, flavoured milk, milk powder, margarine, and cheese products, as well as flavoured drinks; ice cream products; juices; and food and rice products. It also imports and sells various food products.

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