Al Rashid Industrial Co (SAU:9580) Debt-to-Asset : 0.12 (As of Dec. 2022)

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

What is Al Rashid Industrial Co Debt-to-Asset?

Al Rashid Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ﷼13.5 Mil. Al Rashid Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ﷼1.8 Mil. Al Rashid Industrial Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2022 was ﷼127.5 Mil. Al Rashid Industrial Co's debt to asset for the quarter that ended in Dec. 2022 was 0.12.

Al Rashid Industrial Co Debt-to-Asset Historical Data

The historical data trend for Al Rashid Industrial 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.

Al Rashid Industrial Co Debt-to-Asset Chart

Al Rashid Industrial Co Annual Data

Trend

Dec22

Dec23

Debt-to-Asset

0.12

0.10

Al Rashid Industrial Co Quarterly Data
	Dec22	Dec23
Debt-to-Asset	0.12	0.10

Competitive Comparison of Al Rashid Industrial Co's Debt-to-Asset

For the Packaging & Containers subindustry, Al Rashid Industrial 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.

Al Rashid Industrial Co's Debt-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Al Rashid Industrial Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Al Rashid Industrial Co's Debt-to-Asset falls into.

Al Rashid Industrial Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Al Rashid Industrial 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
	=	(13.385	+	1.155)	/	143.645
	=	0.10

Al Rashid Industrial Co's Debt-to-Asset for the quarter that ended in Dec. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(13.486	+	1.793)	/	127.545
	=	0.12

Al Rashid Industrial Co (SAU:9580) 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.

Al Rashid Industrial Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Al Rashid Industrial Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Rashid Industrial Co (SAU:9580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Al Rashid Industrial Co (SAU:9580) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Industrial City, 7960, Riyadh, SAU, 143322

Website

https://www.lastmade.com

Al Rashid Industrial Co is a company engaged in the production of many plastic products through drawing, injection, thermoforming and blowing techniques. All of these lines serve multiple commercial sectors, including food packaging and household appliances, date packaging, sweets and pastries, as well as single-use food containers.

Al Rashid Industrial Co (SAU:9580) Headlines

No Headlines