KFIC Invest Co (KUW:KFIC) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2024)

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What is KFIC Invest 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. KFIC Invest Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.15.

KFIC Invest Co's long-term debt to total assets ratio declined from Dec. 2023 (0.16) to Dec. 2024 (0.15). It may suggest that KFIC Invest Co is progressively becoming less dependent on debt to grow their business.

KFIC Invest Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for KFIC Invest 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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KFIC Invest Co LT-Debt-to-Total-Asset Chart

KFIC Invest Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.16

0.15

0.17

0.16

0.15

KFIC Invest Co Quarterly Data
	Mar20	Jun20	Sep20	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															0.16	0.14	0.13	0.13	0.15

KFIC Invest Co LT-Debt-to-Total-Asset Calculation

KFIC Invest Co'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 )
	=	5.199	/	35.852
	=	0.15

KFIC Invest Co'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 )
	=	5.199	/	35.852
	=	0.15

KFIC Invest Co (KUW:KFIC) 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.

KFIC Invest Co LT-Debt-to-Total-Asset Related Terms

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KFIC Invest Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » KFIC Invest Co (KUW:KFIC) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

AL Ma'arri Street, Khaled Tower, Floor 10, AL Qibla-Block 1, Kuwait, KWT, 13037

Website

https://www.kfic-kw.com

KFIC Invest Co provides diversified financial services to individuals and corporate entities in Kuwait. It operates through four segments: Finance, which provides consumer loans to individuals, and commercial loans to corporate entities and individual customers; Asset Management, which provides services of portfolio management and custody services for clients, as well as management of mutual funds; Investment and Corporate Finance segment monitors the Parent Company's direct investments and also provides investment banking services as well as financial consultancy services for clients; and Financial Brokerage and Online Trading.

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