Fesh Fash Snack Food Production Co (SAU:9515) LT-Debt-to-Total-Asset : 0.12 (As of Jun. 2024)

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What is Fesh Fash Snack Food Production Co 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. Fesh Fash Snack Food Production Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.12.

Fesh Fash Snack Food Production Co's long-term debt to total assets ratio declined from Jun. 2023 (0.16) to Jun. 2024 (0.12). It may suggest that Fesh Fash Snack Food Production Co is progressively becoming less dependent on debt to grow their business.

Fesh Fash Snack Food Production Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fesh Fash Snack Food Production Co'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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Fesh Fash Snack Food Production Co LT-Debt-to-Total-Asset Chart

Fesh Fash Snack Food Production Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.07

0.08

0.13

Fesh Fash Snack Food Production Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.07	0.08	0.16	0.13	0.12

Fesh Fash Snack Food Production Co LT-Debt-to-Total-Asset Calculation

Fesh Fash Snack Food Production Co'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 )
	=	3.619	/	27.909
	=	0.13

Fesh Fash Snack Food Production Co'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 )
	=	3.164	/	26.737
	=	0.12

Fesh Fash Snack Food Production Co (SAU:9515) 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.

Fesh Fash Snack Food Production Co LT-Debt-to-Total-Asset Related Terms

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Fesh Fash Snack Food Production Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fesh Fash Snack Food Production Co (SAU:9515) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Kharj Road 90621, New Industrial Area, Riyadh, SAU, 11623

Website

https://www.feshfashfood.com

Fesh Fash Snack Food Production Co is engaged in the manufacture of food products manufactured from potatoes, including potato chips, and the manufacture of cereal breakfast foods in the form of chips including corn flakes, chips, etc.

Fesh Fash Snack Food Production Co Headlines

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