Balady Poultry Trading Co (SAU:9559) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)

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What is Balady Poultry Trading 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. Balady Poultry Trading Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

Balady Poultry Trading Co's long-term debt to total assets ratio increased from Dec. 2023 (0.02) to Dec. 2024 (0.05). It may suggest that Balady Poultry Trading Co is progressively becoming more dependent on debt to grow their business.

Balady Poultry Trading Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Balady Poultry Trading 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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Balady Poultry Trading Co LT-Debt-to-Total-Asset Chart

Balady Poultry Trading Co Annual Data

Trend

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.07

0.02

0.05

Balady Poultry Trading Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.02	-	0.01	0.01	0.05

Balady Poultry Trading Co LT-Debt-to-Total-Asset Calculation

Balady Poultry Trading Co'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 )
	=	20.084	/	370.051
	=	0.05

Balady Poultry Trading Co'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 )
	=	20.084	/	370.051
	=	0.05

Balady Poultry Trading Co (SAU:9559) 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.

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Balady Poultry Trading Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Balady Poultry Trading Co (SAU:9559) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

62952 Main Road, Wadi bin Hashbal, P.O 51846, Khamis Mushayt, SAU, 61311

Website

https://www.balady-sa.com

Balady Poultry Trading Co is engaged in rearing and producing laying broiler breeders and operating its hatcheries. Operating slaughterhouses; slaughtering and preparing of fresh poultry, rabbit and bird meat; production of chilled and frozen meat; production of fertilizers from organic materials; etc. It operates in a single segment: poultry processing and the sale of chilled and frozen poultry products.

Balady Poultry Trading Co Headlines

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