Knowledge Economic City (SAU:4310) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2024)

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What is Knowledge Economic City 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. Knowledge Economic City's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.29.

Knowledge Economic City's long-term debt to total assets ratio increased from Dec. 2023 (0.14) to Dec. 2024 (0.29). It may suggest that Knowledge Economic City is progressively becoming more dependent on debt to grow their business.

Knowledge Economic City LT-Debt-to-Total-Asset Historical Data

The historical data trend for Knowledge Economic City'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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Knowledge Economic City LT-Debt-to-Total-Asset Chart

Knowledge Economic City Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.06

0.14

0.29

Knowledge Economic City 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															0.14	0.20	0.22	0.26	0.29

Knowledge Economic City LT-Debt-to-Total-Asset Calculation

Knowledge Economic City'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 )
	=	1352.308	/	4738.852
	=	0.29

Knowledge Economic City'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 )
	=	1352.308	/	4738.852
	=	0.29

Knowledge Economic City (SAU:4310) 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.

Knowledge Economic City LT-Debt-to-Total-Asset Related Terms

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Knowledge Economic City Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Knowledge Economic City (SAU:4310) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Diwan Al Marefah, King Abdul Aziz Road, P.O. Box 43033, Almadinah Almonawara, Medina, SAU, 41561

Website

https://www.madinahkec.com

Knowledge Economic City is engaged in developing real estate, economic cities, and other development projects including infrastructure, telecommunication networks, electricity plants, water treatment plants, and other works related to developing economic cities in the Kingdom of Saudi Arabia. The Company owns land parcels in Madinah Al-Munawarah and is the developer for transforming such land parcels into an economic city. The segments of the company are Real estate development and Investment, out of which Real estate development derives the maximum revenue for the company.

Knowledge Economic City Headlines

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