Middle East Specialized Cables Co (SAU:2370) Total Liabilities : ﷼419.8 Mil (As of Mar. 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 Mar. 2024 was ﷼419.8 Mil.

Middle East Specialized Cables Co's quarterly Total Liabilities declined from Sep. 2023 (﷼394.26 Mil) to Dec. 2023 (﷼393.50 Mil) but then increased from Dec. 2023 (﷼393.50 Mil) to Mar. 2024 (﷼419.76 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

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314.73

312.68

327.78

439.78

393.50

Middle East Specialized Cables Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial															412.69	429.79	394.26	393.50	419.76

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)
	=	393.5

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	771.13	-	377.635
	=	393.5

Middle East Specialized Cables Co's Total Liabilities for the quarter that ended in Mar. 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
	=	371.765	+	(6.415	+	18.226
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	23.358)
	=	419.8

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	823.362	-	403.597
	=	419.8

Middle East Specialized Cables Co Total Liabilities Related Terms

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Middle East Specialized Cables Co (SAU:2370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Middle East Specialized Cables Co (SAU:2370) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Salahuddin Street, King Abdulaziz Sector, PO Box 60536, Riyadh, SAU, 11555

Website

https://www.mesccables.com

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 (SAU:2370) Headlines

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