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Middle East Specialized Cables Co (SAU:2370) Total Liabilities : ﷼432 Mil (As of Sep. 2024)


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What is Middle East Specialized Cables Co Total Liabilities?

Middle East Specialized Cables Co's Total Liabilities for the quarter that ended in Sep. 2024 was ﷼432 Mil.

Middle East Specialized Cables Co's quarterly Total Liabilities declined from Mar. 2024 (﷼419.76 Mil) to Jun. 2024 (﷼407.90 Mil) but then increased from Jun. 2024 (﷼407.90 Mil) to Sep. 2024 (﷼431.98 Mil).

Middle East Specialized Cables Co's annual Total Liabilities increased from Dec. 2021 (﷼327.78 Mil) to Dec. 2022 (﷼439.78 Mil) but then declined from Dec. 2022 (﷼439.78 Mil) to Dec. 2023 (﷼393.50 Mil).


Middle East Specialized Cables Co Total Liabilities Historical Data

The historical data trend for Middle East Specialized Cables Co's Total Liabilities 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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Middle East Specialized Cables Co Total Liabilities Chart

Middle East Specialized Cables Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 314.73 312.68 327.78 439.78 393.50

Middle East Specialized Cables Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 394.26 393.50 419.76 407.90 431.98

Middle East Specialized Cables Co Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Middle East Specialized Cables Co's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=343.053+(6.442+21.441
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit)
+0+22.559)
=393

Total Liabilities=Total Assets (A: Dec. 2023 )-Total Equity (A: Dec. 2023 )
=771.13-377.635
=393

Middle East Specialized Cables Co's Total Liabilities for the quarter that ended in Sep. 2024 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=389.849+(6.076+11.793
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit)
+0+24.26)
=432

Total Liabilities=Total Assets (Q: Sep. 2024 )-Total Equity (Q: Sep. 2024 )
=878.289-446.311
=432

* 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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Middle East Specialized Cables Co Business Description

Traded in Other Exchanges
N/A
Address
Salah Uddin Street, Al Bait Building 1- Floor 1, P.O Box 60536, Riyadh, SAU, 11555
Middle East Specialized Cables Co is a company which is engaged in the production and sale of flexible electric, coaxial, rubber and nylon coated wires and cables, telephone cables for internal extensions, computer cables, safety and anti-fire wires and cables, and control and transmission of information cables. The company's products include instrumentation and process control cables, Building wire, power, and control cables (PVC), data and communication cable, Flexible cables, fire cables, irrigation cables, bare copper and PVCs. It operates its business in two geographic segments namely Saudi Arabia and Unites Arab Emirates (UAE). The majority of the company's revenue comes from Saudi Arabia.

Middle East Specialized Cables Co Headlines

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