First Takaful Insurance Co KCSC (KUW:FTI) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is First Takaful Insurance Co KCSC 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. First Takaful Insurance Co KCSC's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

First Takaful Insurance Co KCSC's long-term debt to total assets ratio stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

First Takaful Insurance Co KCSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for First Takaful Insurance Co KCSC'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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First Takaful Insurance Co KCSC LT-Debt-to-Total-Asset Chart

First Takaful Insurance Co KCSC Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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First Takaful Insurance Co KCSC 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															-	-	-	-	-

First Takaful Insurance Co KCSC LT-Debt-to-Total-Asset Calculation

First Takaful Insurance Co KCSC'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 )
	=	0	/	12.749
	=	0.00

First Takaful Insurance Co KCSC'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 )
	=	0	/	13.302
	=	0.00

First Takaful Insurance Co KCSC (KUW:FTI) 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.

First Takaful Insurance Co KCSC LT-Debt-to-Total-Asset Related Terms

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First Takaful Insurance Co KCSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » First Takaful Insurance Co KCSC (KUW:FTI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Qibla - Abdullah Al-Mubarak Street, 1st Floor, Office No. 6, P.O. Box 5713, Souq Al-Safat Building, Kuwait, KWT, 13058

Website

https://www.firsttakaful.com.kw

First Takaful Insurance Co KCSC is engaged in carrying out all types of insurance takaful activities and related activities, including insurance and reinsurance, and investing the funds available to the company in various activities. The company's product line consists of life and medical, fire and general accidents, motor, and marine, and aviation. Geographically the company provides its services only to the Kuwait market.