View United Real Estate Development Co (SAU:9591) LT-Debt-to-Total-Asset : 0.30 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is View United Real Estate Development 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. View United Real Estate Development Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.30.

View United Real Estate Development Co's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.30). It may suggest that View United Real Estate Development Co is progressively becoming more dependent on debt to grow their business.

View United Real Estate Development Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for View United Real Estate Development 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.

View United Real Estate Development Co LT-Debt-to-Total-Asset Chart

View United Real Estate Development Co Annual Data

Trend

Dec22

Dec23

LT-Debt-to-Total-Asset

0.22

0.01

View United Real Estate Development Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	0.22	-	0.01	0.30

View United Real Estate Development Co LT-Debt-to-Total-Asset Calculation

View United Real Estate Development 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 )
	=	0.433	/	81.645
	=	0.01

View United Real Estate Development 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 )
	=	33.489	/	111.044
	=	0.30

View United Real Estate Development Co (SAU:9591) 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.

View United Real Estate Development Co LT-Debt-to-Total-Asset Related Terms

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

View United Real Estate Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » View United Real Estate Development Co (SAU:9591) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

3898 Anas Bin Malik Road, Al Yasmeen District 6577, Riyadh, SAU, 13325

Website

https://www.view.sa

View United Real Estate Development Co is a real estate development company relying on high expertise and modern technology in all stages of development and implementation to reach the architectural and construction design. The company's business activities consists of construction of residential buildings, general construction of non-residential buildings such as schools, hospitals, and hotels, purchasing and selling land and properties, off-plan sales, and management and leasing of owned or leased residential and non-residential properties.

View United Real Estate Development Co Headlines

No Headlines