Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is Al Maha Petroleum Products Marketing CoOG 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. Al Maha Petroleum Products Marketing CoOG's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Al Maha Petroleum Products Marketing CoOG's long-term debt to total assets ratio stayed the same from Sep. 2023 (0.03) to Sep. 2024 (0.03).

Al Maha Petroleum Products Marketing CoOG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Al Maha Petroleum Products Marketing CoOG'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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Al Maha Petroleum Products Marketing CoOG LT-Debt-to-Total-Asset Chart

Al Maha Petroleum Products Marketing CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.04

Al Maha Petroleum Products Marketing CoOG 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															0.03	0.04	0.04	0.04	0.03

Al Maha Petroleum Products Marketing CoOG LT-Debt-to-Total-Asset Calculation

Al Maha Petroleum Products Marketing CoOG'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 )
	=	6.152	/	166.504
	=	0.04

Al Maha Petroleum Products Marketing CoOG'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 )
	=	5.805	/	176.7
	=	0.03

Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) 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.

Al Maha Petroleum Products Marketing CoOG LT-Debt-to-Total-Asset Related Terms

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Al Maha Petroleum Products Marketing CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Al Maha Petroleum Products Marketing Co SAOG (MUS:MHAS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mina Al Fahal, P.O. Box 57, Mina Al Fahal, OMN, 116

Website

https://www.almaha.com.om

Al Maha Petroleum Products Marketing Co SAOG engaged in strategic marketing and distributing a diverse range of petroleum products, including Gasoline (M91 & M95), diesel, aviation fuel, kerosene, and lubricants. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, Aviation, and Lubricant. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.

Al Maha Petroleum Products Marketing CoOG Headlines

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