Banan Real Estate Co (SAU:9519) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Banan Real Estate 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. Banan Real Estate Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.08.

Banan Real Estate Co's long-term debt to total assets ratio declined from Dec. 2022 (0.11) to Dec. 2023 (0.08). It may suggest that Banan Real Estate Co is progressively becoming less dependent on debt to grow their business.

Banan Real Estate Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Banan Real Estate 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.

* Premium members only.

Banan Real Estate Co LT-Debt-to-Total-Asset Chart

Banan Real Estate Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.16

0.11

0.08

Banan Real Estate Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.16	0.16	0.11	0.09	0.08

Banan Real Estate Co LT-Debt-to-Total-Asset Calculation

Banan Real Estate 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 )
	=	55.361	/	660.926
	=	0.08

Banan Real Estate Co'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 )
	=	55.361	/	660.926
	=	0.08

Banan Real Estate Co (SAU:9519) 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.

Banan Real Estate Co LT-Debt-to-Total-Asset Related Terms

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

Banan Real Estate Co (SAU:9519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Banan Real Estate Co (SAU:9519) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Takhassusi Road with Prince Sultan bin Abdulaziz Street, P.O. Box 42, Olaya District, Riyadh, SAU, 11411

Website

https://www.bananrealestate.com

Banan Real Estate Co is engaged in the field of investment and development of income-generating real estate. The main activity of the company is the management and leasing of commercial and residential real estate and hotels. Geographically company derives its revenue from Saudi Arabia.

Banan Real Estate Co (SAU:9519) Headlines

No Headlines