Middle East Paper Co (SAU:1202) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)

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What is Middle East Paper 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. Middle East Paper Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

Middle East Paper Co's long-term debt to total assets ratio declined from Dec. 2023 (0.19) to Dec. 2024 (0.10). It may suggest that Middle East Paper Co is progressively becoming less dependent on debt to grow their business.

Middle East Paper Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Middle East Paper 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.

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Middle East Paper Co LT-Debt-to-Total-Asset Chart

Middle East Paper Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.21

0.24

0.22

0.19

0.10

Middle East Paper 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															0.19	0.14	0.13	0.11	0.10

Middle East Paper Co LT-Debt-to-Total-Asset Calculation

Middle East Paper 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 )
	=	261.361	/	2558.6
	=	0.10

Middle East Paper 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 )
	=	261.361	/	2558.6
	=	0.10

Middle East Paper Co (SAU:1202) 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.

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Middle East Paper Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Middle East Paper Co (SAU:1202) » Definitions » LT-Debt-to-Total-Asset

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Address

Prince Mohammed Bin Abdulaziz Street, Nojoud Center, P.O.Box 32913, 1st floor, entrance(A), Unit No(45), Al Andalus, Jeddah, SAU, 23326

Website

https://www.mepco.biz

Middle East Paper Co manufacturing and production and sale of container board and industrial papers. It operates through two segments, Manufacturing, and Trading. The Manufacturing segment, which generates majority revenue, engages in the manufacturing of containerboard and industrial paper. The Trading segment deals with the wholesale and retail sales of paper, carton and plastic waste.

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