Sadr Logistics Co (SAU:1832) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)

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What is Sadr Logistics 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. Sadr Logistics Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

Sadr Logistics Co's long-term debt to total assets ratio declined from Sep. 2023 (0.08) to Sep. 2024 (0.05). It may suggest that Sadr Logistics Co is progressively becoming less dependent on debt to grow their business.

Sadr Logistics Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sadr Logistics 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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Sadr Logistics Co LT-Debt-to-Total-Asset Chart

Sadr Logistics Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.22

0.04

0.03

0.08

Sadr Logistics Co 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															0.08	0.08	0.08	0.07	0.05

Sadr Logistics Co LT-Debt-to-Total-Asset Calculation

Sadr Logistics Co'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 )
	=	19.275	/	239.921
	=	0.08

Sadr Logistics Co'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 )
	=	11.293	/	231.143
	=	0.05

Sadr Logistics Co (SAU:1832) 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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Sadr Logistics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sadr Logistics Co (SAU:1832) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

King Abdul Aziz Road, Building 7227, PO Box 1364, The First Industrial City R 26, Buraydah, SAU, 51431

Website

https://www.sgp.com.sa

Sadr Logistics Co is the manufacturer of wooden pallets, the manufacture of prefabricated steel structure units, the manufacture of finished and semi-finished industrial products by forging, pressing, casting, and rolling, and the manufacture of furniture for all purposes from plastic. The company operates in four different segments Steel, wood, logistic service, and all others. The company generates a majority of its revenue from Wooden products.

Sadr Logistics Co Headlines

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