SALudi Logistics Services Co (SAU:4263) LT-Debt-to-Total-Asset : 0.39 (As of Dec. 2024)

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What is SALudi Logistics 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. SALudi Logistics Services Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.39.

SALudi Logistics Services Co's long-term debt to total assets ratio declined from Dec. 2023 (0.48) to Dec. 2024 (0.39). It may suggest that SALudi Logistics Services Co is progressively becoming less dependent on debt to grow their business.

SALudi Logistics Services Co LT-Debt-to-Total-Asset Historical Data

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

SALudi Logistics Services Co Annual Data

Trend

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.55

0.48

0.39

SALudi Logistics Services Co Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.48	0.45	0.41	0.40	0.39

SALudi Logistics Services Co LT-Debt-to-Total-Asset Calculation

SALudi Logistics 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 )
	=	1243.349	/	3232.436
	=	0.38

SALudi Logistics 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 )
	=	1243.349	/	3232.436
	=	0.38

SALudi Logistics Services Co (SAU:4263) 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.

SALudi Logistics Services Co LT-Debt-to-Total-Asset Related Terms

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SALudi Logistics Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SAL Saudi Logistics Services Co (SAU:4263) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Street, P.O. Box 23525, Zahran Building, As Salamah District, Jeddah, SAU, 2661

Website

https://www.sal.sa

SAL Saudi Logistics Services Co is a company engaged in providing supply chain solutions in the Kingdom of Saudi Arabia. It provides cargo ground handling services at airport terminals, freight brokerage services, warehouse management services, administrative services, and storage services. The company's reportable segments are Logistics and Handling. Maximum revenue is generated from the Handling segment, which provides cargo handling services to air cargo carriers operating at the Kingdom's airports and consignees for warehouse handling and storage thereof. The Logistics segment provides end-to-end logistic solutions services, customs clearance, inventory management, and warehouse management solutions.

SALudi Logistics Services Co Headlines

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