Etihad Etisalat Co JSC (SAU:7020) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2024)

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What is Etihad Etisalat Co JSC 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. Etihad Etisalat Co JSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.20.

Etihad Etisalat Co JSC's long-term debt to total assets ratio declined from Dec. 2023 (0.23) to Dec. 2024 (0.20). It may suggest that Etihad Etisalat Co JSC is progressively becoming less dependent on debt to grow their business.

Etihad Etisalat Co JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Etihad Etisalat Co JSC'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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Etihad Etisalat Co JSC LT-Debt-to-Total-Asset Chart

Etihad Etisalat Co JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.31

0.30

0.28

0.23

0.20

Etihad Etisalat Co JSC 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															0.23	0.21	0.21	0.21	0.20

Etihad Etisalat Co JSC LT-Debt-to-Total-Asset Calculation

Etihad Etisalat Co JSC'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 )
	=	7786.909	/	38515.028
	=	0.20

Etihad Etisalat Co JSC'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 )
	=	7786.909	/	38515.028
	=	0.20

Etihad Etisalat Co JSC (SAU:7020) 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.

Etihad Etisalat Co JSC LT-Debt-to-Total-Asset Related Terms

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Etihad Etisalat Co JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Etihad Etisalat Co JSC (SAU:7020) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 23088, Riyadh, SAU, 11321

Website

https://www.mobily.com.sa

Etihad Etisalat Co JSC operates in the telecom sector. The company also manages, installs, and operates telephone networks, terminals, and telecommunication unit systems, as well as to sell and maintains mobile phones and telecommunication units in the Kingdom of Saudi Arabia. The company's segment includes Consumer, Business, Wholesale and Outsourcing. It derives maximum revenue from Consumer segment, which includes products and services such as voice calls, mobile Internet, and fixed Internet. The company has provides integrated services for three main sectors; individuals, businesses, and carriers. All of the company's operations are principally conducted in the Kingdom of Saudi Arabia.

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