Salalah Port Services Co (MUS:SPSI) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2024)

View and export this data going back to 1988. Start your Free Trial

What is Salalah Port Services 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. Salalah Port Services Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.16.

Salalah Port Services Co's long-term debt to total assets ratio increased from Dec. 2023 (0.06) to Dec. 2024 (0.16). It may suggest that Salalah Port Services Co is progressively becoming more dependent on debt to grow their business.

Salalah Port Services Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Salalah Port Services 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.

* Premium members only.

Salalah Port Services Co LT-Debt-to-Total-Asset Chart

Salalah Port Services Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.09

0.08

0.07

0.06

0.16

Salalah Port Services 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															0.06	0.06	0.10	0.14	0.16

Salalah Port Services Co LT-Debt-to-Total-Asset Calculation

Salalah Port Services 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 )
	=	22.192	/	138.812
	=	0.16

Salalah Port Services 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 )
	=	22.192	/	138.812
	=	0.16

Salalah Port Services Co (MUS:SPSI) 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.

Salalah Port Services Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Salalah Port Services Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Salalah Port Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Salalah Port Services Co (MUS:SPSI) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

P.O. Box 369, Salalah, OMN, 211

Website

https://www.salalahport.com.om

Salalah Port Services Co operates the Port of Salalah, which is in the east-west shipping lane of the Sultanate of Oman. Its port activity includes leasing, equipping, operating, and managing Terminals and Cargo. The group operates with two business divisions; Container Terminal and General Cargo Terminal. Its geographical area of operation includes Oman, Europe, Asia, and others of which the Europe region accounts for a larger share of the revenue.

Salalah Port Services Co Headlines

No Headlines