Paper Home Co (SAU:9576) LT-Debt-to-Total-Asset : 0.11 (As of Jun. 2024)

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What is Paper Home 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. Paper Home Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.11.

Paper Home Co's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.11). It may suggest that Paper Home Co is progressively becoming more dependent on debt to grow their business.

Paper Home Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Paper Home 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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Paper Home Co LT-Debt-to-Total-Asset Chart

Paper Home Co Annual Data

Trend

Dec22

Dec23

LT-Debt-to-Total-Asset

0.07

0.06

Paper Home Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	0.07	-	0.06	0.11

Paper Home Co LT-Debt-to-Total-Asset Calculation

Paper Home 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 )
	=	5.925	/	103.68
	=	0.06

Paper Home 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 )
	=	13.902	/	126.449
	=	0.11

Paper Home Co (SAU:9576) 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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Paper Home Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Paper Home Co (SAU:9576) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Rafaya Industrial Area, P.O. Box 21629, Riyadh, SAU, 11485

Website

https://www.paperhome.com.sa

Paper Home Co is a Saudi based corrugated cardboard company. It is in the paper industry whose activities are to manufacture of cardboard boxes, boxes, and folded and single bags from paper or cardboard.

Paper Home Co Headlines

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