Arabian Food and Dairy Factories Co (SAU:9536) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Arabian Food and Dairy Factories 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. Arabian Food and Dairy Factories Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Arabian Food and Dairy Factories Co's long-term debt to total assets ratio declined from Dec. 2022 (0.00) to Dec. 2023 (0.00). It may suggest that Arabian Food and Dairy Factories Co is progressively becoming less dependent on debt to grow their business.

Arabian Food and Dairy Factories Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Arabian Food and Dairy Factories 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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Arabian Food and Dairy Factories Co LT-Debt-to-Total-Asset Chart

Arabian Food and Dairy Factories Co Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

Arabian Food and Dairy Factories Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.01	0.01	-	-	-

Arabian Food and Dairy Factories Co LT-Debt-to-Total-Asset Calculation

Arabian Food and Dairy Factories 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 )
	=	0.077	/	47.682
	=	0.00

Arabian Food and Dairy Factories 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 )
	=	0.077	/	47.682
	=	0.00

Arabian Food and Dairy Factories Co (SAU:9536) 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.

Arabian Food and Dairy Factories Co LT-Debt-to-Total-Asset Related Terms

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Arabian Food and Dairy Factories Co (SAU:9536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Arabian Food and Dairy Factories Co (SAU:9536) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dammam Industrial City, P.O.Box 195, Dammam, SAU, 31952

Website

https://www.fadeco.com

Arabian Food and Dairy Factories Co is engaged in the production and sale of ice cream within the Kingdom of Saudi Arabia, and the company operates in a single geographical segment which is the Kingdom of Saudi Arabia.

Arabian Food and Dairy Factories Co (SAU:9536) Headlines

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