Acico Industries Co KSCC (KUW:ACICO) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is Acico Industries Co KSCC 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. Acico Industries Co KSCC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

Acico Industries Co KSCC's long-term debt to total assets ratio declined from Sep. 2023 (0.75) to Dec. 2024 (0.00). It may suggest that Acico Industries Co KSCC is progressively becoming less dependent on debt to grow their business.

Acico Industries Co KSCC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Acico Industries Co KSCC'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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Acico Industries Co KSCC LT-Debt-to-Total-Asset Chart

Acico Industries Co KSCC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.69

0.67

0.73

0.74

Acico Industries Co KSCC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.75	0.74	0.70	-	-

Acico Industries Co KSCC LT-Debt-to-Total-Asset Calculation

Acico Industries Co KSCC'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 )
	=	1.077	/	315.087
	=	0.00

Acico Industries Co KSCC'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 )
	=	1.077	/	315.087
	=	0.00

Acico Industries Co KSCC (KUW:ACICO) 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.

Acico Industries Co KSCC LT-Debt-to-Total-Asset Related Terms

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Acico Industries Co KSCC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Acico Industries Co KSCC (KUW:ACICO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sharq, Al - Hamra Business Tower, P.O. Box 24079, 34th floor, Safat, Kuwait, KWT, 13101

Website

https://www.acicogroup.com

Acico Industries Co KSCC manufactures and supplies building materials. The company manufactures all types and sizes of aerated concrete and non-concrete and all its construction requirements, import, and export of all building materials. It manufactures blocks, lintels, slabs, and reinforced structural components. In addition, the company also deals in real estate, dealing in shares and bonds. Its segments consist of Real Estate, Contracting, and Industrial.

Acico Industries Co KSCC Headlines

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