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Sumou Real Estate Co (SAU:4323) Debt-to-Asset : 0.02 (As of Mar. 2024)


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What is Sumou Real Estate Co Debt-to-Asset?

Sumou Real Estate Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼1.9 Mil. Sumou Real Estate Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼18.0 Mil. Sumou Real Estate Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ﷼978.3 Mil. Sumou Real Estate Co's debt to asset for the quarter that ended in Mar. 2024 was 0.02.


Sumou Real Estate Co Debt-to-Asset Historical Data

The historical data trend for Sumou Real Estate Co's Debt-to-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.

Sumou Real Estate Co Debt-to-Asset Chart

Sumou Real Estate Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.25 0.20 0.04 0.03 0.02

Sumou Real Estate Co Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.03 0.02 0.02 0.02

Competitive Comparison of Sumou Real Estate Co's Debt-to-Asset

For the Real Estate - Development subindustry, Sumou Real Estate Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Sumou Real Estate Co's Debt-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sumou Real Estate Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Sumou Real Estate Co's Debt-to-Asset falls into.



Sumou Real Estate Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sumou Real Estate Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1.434 + 18.725) / 850.113
=0.02

Sumou Real Estate Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1.931 + 18.031) / 978.272
=0.02

* 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.


Sumou Real Estate Co  (SAU:4323) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Sumou Real Estate Co Debt-to-Asset Related Terms

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Sumou Real Estate Co (SAU:4323) Business Description

Traded in Other Exchanges
N/A
Address
Prince Turki bin Abdulaziz street, Sumou Tower - P.O.Box 250, Al-Yarmouk District, AlKhobar, SAU, 31952
Sumou Real Estate Co is engaged in executing and managing real estate development and investment projects in the Kingdom of Saudi Arabia. The company's projects portfolio includes commercial centers, residential complexes, housing units, infrastructure for industrial, and commercial facilities, economic cities, and free zones.

Sumou Real Estate Co (SAU:4323) Headlines

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