SEDCO Capital REIT Fund (SAU:4344) LT-Debt-to-Total-Asset : 0.33 (As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is SEDCO Capital REIT Fund 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. SEDCO Capital REIT Fund's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.33.

SEDCO Capital REIT Fund's long-term debt to total assets ratio increased from Jun. 2023 (0.33) to Jun. 2024 (0.33). It may suggest that SEDCO Capital REIT Fund is progressively becoming more dependent on debt to grow their business.

SEDCO Capital REIT Fund LT-Debt-to-Total-Asset Historical Data

The historical data trend for SEDCO Capital REIT Fund'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.

SEDCO Capital REIT Fund LT-Debt-to-Total-Asset Chart

SEDCO Capital REIT Fund Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.43

0.46

0.36

0.43

0.33

SEDCO Capital REIT Fund Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.43	0.43	0.33	0.33	0.33

SEDCO Capital REIT Fund LT-Debt-to-Total-Asset Calculation

SEDCO Capital REIT Fund'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 )
	=	782.254	/	2384.375
	=	0.33

SEDCO Capital REIT Fund'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 )
	=	784.122	/	2369.285
	=	0.33

SEDCO Capital REIT Fund (SAU:4344) 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.

SEDCO Capital REIT Fund LT-Debt-to-Total-Asset Related Terms

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

SEDCO Capital REIT Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SEDCO Capital REIT Fund (SAU:4344) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Abdulaziz (Malik) Road, P.O. Box 13396, South Tower of the Red Sea Mall, Jeddah, SAU, 21491

Website

https://www.sedcocapital.com

SEDCO Capital REIT Fund is an closed-ended shariah real estate investment fund. Its activities include Dealing, Arranging, Managing, Advising and Custody.Its objective is to provide rental income to its Unitholders mainly in developed properties.

SEDCO Capital REIT Fund Headlines

No Headlines