JTC Logistics Transportation & Stevedoring Co KSCC (KUW:JTC) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2024)

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What is JTC Logistics Transportation & Stevedoring 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. JTC Logistics Transportation & Stevedoring Co KSCC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.11.

JTC Logistics Transportation & Stevedoring Co KSCC's long-term debt to total assets ratio declined from Dec. 2023 (0.19) to Dec. 2024 (0.11). It may suggest that JTC Logistics Transportation & Stevedoring Co KSCC is progressively becoming less dependent on debt to grow their business.

JTC Logistics Transportation & Stevedoring Co KSCC LT-Debt-to-Total-Asset Historical Data

The historical data trend for JTC Logistics Transportation & Stevedoring 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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JTC Logistics Transportation & Stevedoring Co KSCC LT-Debt-to-Total-Asset Chart

JTC Logistics Transportation & Stevedoring Co KSCC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.09

0.08

0.19

0.11

JTC Logistics Transportation & Stevedoring Co KSCC Quarterly Data
	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												0.19	0.14	0.13	0.12	0.11

JTC Logistics Transportation & Stevedoring Co KSCC LT-Debt-to-Total-Asset Calculation

JTC Logistics Transportation & Stevedoring 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 )
	=	8.501	/	75.332
	=	0.11

JTC Logistics Transportation & Stevedoring 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 )
	=	8.501	/	75.332
	=	0.11

JTC Logistics Transportation & Stevedoring Co KSCC (KUW:JTC) 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.

JTC Logistics Transportation & Stevedoring Co KSCC LT-Debt-to-Total-Asset Related Terms

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JTC Logistics Transportation & Stevedoring Co KSCC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » JTC Logistics Transportation & Stevedoring Co KSCC (KUW:JTC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 22801, Safat, KWT, 13089

Website

https://www.jtckw.com

JTC Logistics Transportation & Stevedoring Co KSCC is an inland transportation company. It provides services for Ports Management, Contract Logistics, Warehousing, Equipment Leasing, and Power Rental.

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