Almarai Co (SAU:2280) LT-Debt-to-Total-Asset : 0.26 (As of Dec. 2024)

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What is Almarai 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. Almarai Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.26.

Almarai Co's long-term debt to total assets ratio increased from Dec. 2023 (0.25) to Dec. 2024 (0.26). It may suggest that Almarai Co is progressively becoming more dependent on debt to grow their business.

Almarai Co LT-Debt-to-Total-Asset Historical Data

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

Almarai Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.32

0.23

0.28

0.25

0.26

Almarai 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															0.25	0.26	0.26	0.25	0.26

Almarai Co LT-Debt-to-Total-Asset Calculation

Almarai 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 )
	=	9297.946	/	35567.96
	=	0.26

Almarai 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 )
	=	9297.946	/	35567.96
	=	0.26

Almarai Co (SAU:2280) 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.

Almarai Co LT-Debt-to-Total-Asset Related Terms

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Almarai Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Almarai Co (SAU:2280) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Exit 7, North Ring Road, Al Izdihar District, P.O. Box 8524, Riyadh, SAU, 11492

Website

https://www.almarai.com

Almarai Co is a manufacturer and distributor of quality and nutritious food and beverages. The company's product portfolio comprises dairy products, juices, bakery, poultry, and infant formula under the brands Almarai, Joosy Life, Beyti, Teeba, L'usine, 7days, Alyoum, and AlBashayer. Its segments include Dairy and Juice, Bakery, Poultry, and Other activities. The majority of the revenue is derived from the sale of the dairy and Juice segment. Geographically the majority of its revenue is generated from Saudi Arabia.

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