Ataa Educational Co (SAU:4292) LT-Debt-to-Total-Asset : 0.37 (As of Oct. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Ataa Educational 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. Ataa Educational Co's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.37.

Ataa Educational Co's long-term debt to total assets ratio declined from Oct. 2023 (0.40) to Oct. 2024 (0.37). It may suggest that Ataa Educational Co is progressively becoming less dependent on debt to grow their business.

Ataa Educational Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ataa Educational 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.

* Premium members only.

Ataa Educational Co LT-Debt-to-Total-Asset Chart

Ataa Educational Co Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.24

0.35

0.42

0.40

0.38

Ataa Educational Co Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.40	0.40	0.40	0.38	0.37

Ataa Educational Co LT-Debt-to-Total-Asset Calculation

Ataa Educational Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )	/	Total Assets (A: Jul. 2024 )
	=	823.25	/	2175.338
	=	0.38

Ataa Educational Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	811.185	/	2198.595
	=	0.37

Ataa Educational Co (SAU:4292) 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.

Ataa Educational Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Ataa Educational Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Ataa Educational Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ataa Educational Co (SAU:4292) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Hussein Bin Ali Street, P.O Box 87527, Exit 9, Al Izdihar District, Riyadh, SAU, 11652

Website

https://www.ataa.sa

Ataa Educational Co is a Saudi Arabia-based company involved in the establishment of national and international schools, kindergarten, primary, intermediate, and secondary schools for boys and girls, colleges and universities in the Kingdom of Saudi Arabia and abroad. It is also engaged in establishing, managing, and maintaining vocational training centers. The company's operating segments are; Education, Training, and Recruitment. The majority of its revenue is derived from the Education segment which is engaged in establishing and managing private, international, French and Indian schools.

Ataa Educational Co Headlines

No Headlines