Musharaka REIT (SAU:4335) LT-Debt-to-Total-Asset : 0.49 (As of Jun. 2024)

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What is Musharaka REIT 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. Musharaka REIT's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.49.

Musharaka REIT's long-term debt to total assets ratio increased from Jun. 2023 (0.48) to Jun. 2024 (0.49). It may suggest that Musharaka REIT is progressively becoming more dependent on debt to grow their business.

Musharaka REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Musharaka REIT'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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Musharaka REIT LT-Debt-to-Total-Asset Chart

Musharaka REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.25

0.32

0.28

0.40

0.41

Musharaka REIT Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.47	0.40	0.48	0.41	0.49

Musharaka REIT LT-Debt-to-Total-Asset Calculation

Musharaka REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	661.721	/	1633.949
	=	0.40

Musharaka REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	780.656	/	1605.994
	=	0.49

Musharaka REIT (SAU:4335) 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.

Musharaka REIT LT-Debt-to-Total-Asset Related Terms

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Musharaka REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Musharaka REIT (SAU:4335) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Turky Bin Abdulaziz Road, Adeer Tower, 13th floor, PO. Box 712, AlKhobar, SAU, 31952

Website

https://www.musharakacapital.com

Musharaka REIT is a closed-end real estate investment fund. Its investment objective is to invest in developing properties that are qualified to generate periodic rental income, while its dividend policy is to distribute at least 90% of the Fund's net profit as cash dividends to the unit holders annually. Its product and services include Asset Management, Investment banking, and Custody.

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