Aldawaa Medical Services Co (SAU:4163) LT-Debt-to-Total-Asset : 0.25 (As of Dec. 2024)

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What is Aldawaa Medical 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. Aldawaa Medical Services Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.25.

Aldawaa Medical Services Co's long-term debt to total assets ratio declined from Dec. 2023 (0.31) to Dec. 2024 (0.25). It may suggest that Aldawaa Medical Services Co is progressively becoming less dependent on debt to grow their business.

Aldawaa Medical Services Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aldawaa Medical 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.

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Aldawaa Medical Services Co LT-Debt-to-Total-Asset Chart

Aldawaa Medical Services Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.20

0.37

0.31

0.25

Aldawaa Medical Services Co Quarterly Data
	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											0.31	0.29	0.28	0.26	0.25

Aldawaa Medical Services Co LT-Debt-to-Total-Asset Calculation

Aldawaa Medical 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 )
	=	1278.404	/	5035.741
	=	0.25

Aldawaa Medical 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 )
	=	1278.404	/	5035.741
	=	0.25

Aldawaa Medical Services Co (SAU:4163) 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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Aldawaa Medical Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aldawaa Medical Services Co (SAU:4163) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Naif Street. Cross 23, P.O. Box 4326, Al Khobar, SAU, 31952

Website

https://www.al-dawaa.com

Aldawaa Medical Services Co is engaged in online wholesale of pharmaceutical products, pharmaceutical agents, wholesale of pharmaceutical goods, related pharmacy activities, pharmaceutical warehousing activities, retail of medical equipment and other equipment, online retailing, land transport of goods, providing delivery services via electronic platforms, managing and renting self-storage stores and manufacturing of single-use medical products and disposables.

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