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Amlak International Finance Co (SAU:1182) LT-Debt-to-Total-Asset : 0.71 (As of Dec. 2024)


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What is Amlak International Finance 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. Amlak International Finance Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.71.

Amlak International Finance Co's long-term debt to total assets ratio increased from Dec. 2023 (0.67) to Dec. 2024 (0.71). It may suggest that Amlak International Finance Co is progressively becoming more dependent on debt to grow their business.


Amlak International Finance Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Amlak International Finance 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.

Amlak International Finance Co LT-Debt-to-Total-Asset Chart

Amlak International Finance Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.60 0.58 0.51 0.67 0.71

Amlak International Finance 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 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 0.67 0.69 0.69 0.70 0.71

Amlak International Finance Co LT-Debt-to-Total-Asset Calculation

Amlak International Finance 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 )
=3191.777/4512.211
=0.71

Amlak International Finance 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 )
=3191.777/4512.211
=0.71

* 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.


Amlak International Finance Co  (SAU:1182) 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.


Amlak International Finance Co LT-Debt-to-Total-Asset Related Terms

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Amlak International Finance Co Business Description

Traded in Other Exchanges
N/A
Address
Al-Thumama Road, Al-Rabi, Riyadh, SAU, 12150
Amlak International Finance Co is engaged in the business of providing finance for real estate activities. It serves customers in Saudi Arabia. It operates through the following business segments Retail: These represent finance products granted to small and medium sized businesses under self- employed category and individuals; Corporate:These represent financing products granted to corporate, SMEs, high net worth individuals and institutional customers; and Head office: Head office is responsible for managing the surplus liquidity of the Group through short term market placements. It also provides support services to the business functions.. It derives maximum revenue from the Corporate Segment.

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