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Arabian Internet and Communications Services Co (SAU:7202) Liabilities-to-Assets : 0.68 (As of Mar. 2024)


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What is Arabian Internet and Communications Services Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Arabian Internet and Communications Services Co's Total Liabilities for the quarter that ended in Mar. 2024 was ﷼7,565 Mil. Arabian Internet and Communications Services Co's Total Assets for the quarter that ended in Mar. 2024 was ﷼11,101 Mil. Therefore, Arabian Internet and Communications Services Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.68.


Arabian Internet and Communications Services Co Liabilities-to-Assets Historical Data

The historical data trend for Arabian Internet and Communications Services Co's Liabilities-to-Assets 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.

Arabian Internet and Communications Services Co Liabilities-to-Assets Chart

Arabian Internet and Communications Services Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.70 0.68 0.73 0.71

Arabian Internet and Communications Services Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.73 0.71 0.71 0.68

Competitive Comparison of Arabian Internet and Communications Services Co's Liabilities-to-Assets

For the Telecom Services subindustry, Arabian Internet and Communications Services Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arabian Internet and Communications Services Co's Liabilities-to-Assets Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Arabian Internet and Communications Services Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Arabian Internet and Communications Services Co's Liabilities-to-Assets falls into.



Arabian Internet and Communications Services Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Arabian Internet and Communications Services Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=8163.69/11516.244
=0.71

Arabian Internet and Communications Services Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=7564.601/11101.431
=0.68

* 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.


Arabian Internet and Communications Services Co  (SAU:7202) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Arabian Internet and Communications Services Co Liabilities-to-Assets Related Terms

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Arabian Internet and Communications Services Co (SAU:7202) Business Description

Traded in Other Exchanges
N/A
Address
Olaya Street, P.O. Box 50, Riyadh, SAU, 11372
Arabian Internet and Communications Services Co is an information and communication company. The company has three segments namely Core ICT Services, IT Managed and Operational Services and Digital Services. It derives majority of the revenue from Core ICT Services.

Arabian Internet and Communications Services Co (SAU:7202) Headlines

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