Alkhabeer REIT (SAU:4348) LT-Debt-to-Total-Asset : 0.40 (As of Jun. 2024)

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

What is Alkhabeer 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. Alkhabeer REIT's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.40.

Alkhabeer REIT's long-term debt to total assets ratio increased from Jun. 2023 (0.40) to Jun. 2024 (0.40). It may suggest that Alkhabeer REIT is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Alkhabeer 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.

* Premium members only.

Alkhabeer REIT LT-Debt-to-Total-Asset Chart

Alkhabeer REIT Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.38

0.46

0.39

0.40

Alkhabeer REIT Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.40	0.40	0.40	0.40	0.40

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

Alkhabeer 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 )
	=	752.325	/	1860.58
	=	0.40

Alkhabeer 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 )
	=	751.49	/	1863.753
	=	0.40

Alkhabeer REIT (SAU:4348) 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.

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

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

Alkhabeer REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alkhabeer REIT (SAU:4348) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Madina Road, P.O. Box 128289, Jeddah, SAU, 21362

Website

https://www.alkhabeer.com/reit

Alkhabeer REIT is a closed-ended real estate investment traded fund. The portfolio of the REIT includes Almalga Residential Complex in Riyadh, Gallery Mall in Tabuk, Palazzo Center, B&Q Retail Company, Ahlan Court, BIN II Plaza, Elite Commercial Center, Elegance Tower, Vision Education Colleges, and others.

Alkhabeer REIT Headlines

No Headlines