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Alinma Retail REIT Fund (SAU:4345) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)


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What is Alinma Retail 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. Alinma Retail REIT Fund's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.07.

Alinma Retail REIT Fund's long-term debt to total assets ratio increased from Dec. 2022 (0.01) to Dec. 2023 (0.07). It may suggest that Alinma Retail REIT Fund is progressively becoming more dependent on debt to grow their business.


Alinma Retail REIT Fund LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alinma Retail 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.

Alinma Retail REIT Fund LT-Debt-to-Total-Asset Chart

Alinma Retail REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.01 0.01 0.01 0.01 0.07

Alinma Retail REIT Fund Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.06 0.07

Alinma Retail REIT Fund LT-Debt-to-Total-Asset Calculation

Alinma Retail 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 )
=61.423/944.378
=0.07

Alinma Retail REIT Fund's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=61.423/944.378
=0.07

* 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.


Alinma Retail REIT Fund  (SAU:4345) 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.


Alinma Retail REIT Fund LT-Debt-to-Total-Asset Related Terms

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Alinma Retail REIT Fund (SAU:4345) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, P.O. Box 55560, Al Anoud Tower 2, Riyadh, SAU, 11544
Alinma Retail REIT Fund is a closed-end real estate investment traded fund. The company invests in real estate assets within the Kingdom of Saudi Arabia to generate periodic rental income and potential of capital appreciation. It is focusing on the retail sector which includes retail shopping malls.

Alinma Retail REIT Fund (SAU:4345) Headlines

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