Kuwait Business Town Real Estate Co (KUW:KBT) LT-Debt-to-Total-Asset : 0.19 (As of Jun. 2024)

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What is Kuwait Business Town Real Estate Co 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. Kuwait Business Town Real Estate Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.19.

Kuwait Business Town Real Estate Co's long-term debt to total assets ratio declined from Jun. 2023 (0.22) to Jun. 2024 (0.19). It may suggest that Kuwait Business Town Real Estate Co is progressively becoming less dependent on debt to grow their business.

Kuwait Business Town Real Estate Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kuwait Business Town Real Estate Co'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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Kuwait Business Town Real Estate Co LT-Debt-to-Total-Asset Chart

Kuwait Business Town Real Estate Co Annual Data

Trend

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.03

0.16

0.18

0.16

Kuwait Business Town Real Estate Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	0.26	0.16	0.17	0.19

Kuwait Business Town Real Estate Co LT-Debt-to-Total-Asset Calculation

Kuwait Business Town Real Estate Co'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 )
	=	14.747	/	94.465
	=

Kuwait Business Town Real Estate Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	20.592	/	106.108
	=

Kuwait Business Town Real Estate Co (KUW:KBT) 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.

Kuwait Business Town Real Estate Co LT-Debt-to-Total-Asset Related Terms

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Kuwait Business Town Real Estate Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kuwait Business Town Real Estate Co (KUW:KBT) » Definitions » LT-Debt-to-Total-Asset

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Address

Khalid Ebn Al Waleed Street, KBT Tower 5, 28th Floor, Kuwait, KWT

Website

https://www.kbt.com.kw

Kuwait Business Town Real Estate Co is a real estate company. It has three operating segments: Investing activities comprise participation in equity investments and managing the Group's liquidity requirements; and Real estate activities comprise investment, managing real estate, and construction or development of real estate for the sale in the ordinary course of business and other related real estate services. The consumer goods segment engages in operating bakeries, manufacturing, and trading food-related items.

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