Ad-Dulayl Industrial Park & Real Estate Co (AMM:IDMC) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is Ad-Dulayl Industrial Park & Real Estate Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Ad-Dulayl Industrial Park & Real Estate Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

Ad-Dulayl Industrial Park & Real Estate Co's long-term debt to total assets ratio declined from Mar. 2023 (0.06) to Mar. 2024 (0.06). It may suggest that Ad-Dulayl Industrial Park & Real Estate Co is progressively becoming less dependent on debt to grow their business.

Ad-Dulayl Industrial Park & Real Estate Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ad-Dulayl Industrial Park & Real Estate Co's LT-Debt-to-Total-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.

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Ad-Dulayl Industrial Park & Real Estate Co LT-Debt-to-Total-Asset Chart

Ad-Dulayl Industrial Park & Real Estate Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

0.03

0.06

Ad-Dulayl Industrial Park & Real Estate Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.06	0.06	0.06	0.06

Ad-Dulayl Industrial Park & Real Estate Co LT-Debt-to-Total-Asset Calculation

Ad-Dulayl Industrial Park & Real Estate Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2.879	/	48.943
	=	0.06

Ad-Dulayl Industrial Park & Real Estate Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2.803	/	48.595
	=	0.06

Ad-Dulayl Industrial Park & Real Estate Co (AMM:IDMC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Ad-Dulayl Industrial Park & Real Estate Co LT-Debt-to-Total-Asset Related Terms

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Ad-Dulayl Industrial Park & Real Estate Co (AMM:IDMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ad-Dulayl Industrial Park & Real Estate Co (AMM:IDMC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dabbas International Group Building No. 11, Jabal Amman - Third Circle, Amman, JOR

Website

http://www.dleil.com

Ad-Dulayl Industrial Park & Real Estate Co is a real estate developer. Its activities and services include building and renting ready-made factory warehouse buildings, selling land to different investors, and others. It also manufactures liquid chemical cleaners. Its main activity is to build and operate the industrial park areas in the Hashemite Kingdom of Jordan, as well as sell and lease these industrial park areas to others, establish industry activity supporting the garment sector, also working on creating free zones, and providing the necessary services to operate these areas. The Company works on a single geographic area which is the Hashemite Kingdom of Jordan.

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