Kuwait Telecommunications Co KSC (KUW:STC) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is Kuwait Telecommunications Co KSC 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 Telecommunications Co KSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

Kuwait Telecommunications Co KSC's long-term debt to total assets ratio declined from Dec. 2023 (0.06) to Dec. 2024 (0.03). It may suggest that Kuwait Telecommunications Co KSC is progressively becoming less dependent on debt to grow their business.

Kuwait Telecommunications Co KSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kuwait Telecommunications Co KSC'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 Telecommunications Co KSC LT-Debt-to-Total-Asset Chart

Kuwait Telecommunications Co KSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.04

0.02

0.07

0.06

0.03

Kuwait Telecommunications Co KSC 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															0.06	0.03	0.03	0.03	0.03

Kuwait Telecommunications Co KSC LT-Debt-to-Total-Asset Calculation

Kuwait Telecommunications Co KSC'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 )
	=	11.5	/	462.237
	=	0.02

Kuwait Telecommunications Co KSC'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 )
	=	11.5	/	462.237
	=	0.02

Kuwait Telecommunications Co KSC (KUW:STC) 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 Telecommunications Co KSC LT-Debt-to-Total-Asset Related Terms

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Kuwait Telecommunications Co KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Kuwait Telecommunications Co KSC (KUW:STC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Khansa Street, P.O. Box. 181, Olympia Building, Salmiya, KWT, 22002

Website

https://www.stc.com.kw

Kuwait Telecommunications Co KSC is a telecommunication service provider. The company provides internet access using 4G LTE technology, and 5G technology. The principal activities of the company are to purchase, supply, install, operate, and maintain wireless telecommunication devices and equipment. The company offers numerous opportunities in the fields of telecommunications, entertainment, information, digital, and data transfer services.