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Dhofar International Development & Investment Holding (MUS:DIDI) LT-Debt-to-Total-Asset : 0.35 (As of Sep. 2024)


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What is Dhofar International Development & Investment Holding 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. Dhofar International Development & Investment Holding's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.35.

Dhofar International Development & Investment Holding's long-term debt to total assets ratio declined from Sep. 2023 (0.41) to Sep. 2024 (0.35). It may suggest that Dhofar International Development & Investment Holding is progressively becoming less dependent on debt to grow their business.

Dhofar International Development & Investment Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dhofar International Development & Investment Holding'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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Dhofar International Development & Investment Holding LT-Debt-to-Total-Asset Chart

Dhofar International Development & Investment Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.56 0.45 0.41 0.40

Dhofar International Development & Investment Holding 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.40 0.36 0.36 0.35

Dhofar International Development & Investment Holding LT-Debt-to-Total-Asset Calculation

Dhofar International Development & Investment Holding'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 )
=89.965/223.813
=0.40

Dhofar International Development & Investment Holding'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 )
=77.256/222.84
=0.35

* 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.

Dhofar International Development & Investment Holding  (MUS:DIDI) 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.

Dhofar International Development & Investment Holding LT-Debt-to-Total-Asset Related Terms

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Dhofar International Development & Investment Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dhofar International Development & Investment Holding (MUS:DIDI) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
MUS:AAIC MUS:JREF BLK BX KKR OSTO:INVE A TSX:BAM APO TSX:BN LSE:III AMP XSWX:PGHN OSTO:EQT ARES RJF STT XAMS:CVC TROW TSX:PHYS.U NTRS
Traded in Other Exchanges
N/A
Address
DIDIC Building, 23rd July Street, P.O.Box: 2163, Salalah, OMN, 211
Website
https://www.didic.com
Dhofar International Development & Investment Holding is an investment company operating in Oman whose objective is promoting economic and industrial development in Oman through investment in various viable investment projects of all sectors while maximizing returns to its shareholders. It invests in subsidiaries, associates, and other assets. The firm recognizes its revenue from interest, dividends, and gains on the appreciation in the value of investments. Its segments include Strategic Investments, Non-Strategic Investments, and Hospitality.

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