Future Care Trading Co (SAU:9544) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Future Care Trading 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. Future Care Trading Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.02.

Future Care Trading Co's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Jun. 2023 (0.02). It may suggest that Future Care Trading Co is progressively becoming more dependent on debt to grow their business.

Future Care Trading Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Future Care Trading 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.

* Premium members only.

Future Care Trading Co LT-Debt-to-Total-Asset Chart

Future Care Trading Co Annual Data

Trend

Dec22

Dec23

LT-Debt-to-Total-Asset

0.03

0.02

Future Care Trading Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	-	0.03	0.02	0.02

Future Care Trading Co LT-Debt-to-Total-Asset Calculation

Future Care Trading 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 )
	=	1.741	/	84.138
	=

Future Care Trading Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	1.576	/	74.986
	=

Future Care Trading Co (SAU:9544) 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.

Future Care Trading Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Future Care Trading Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Future Care Trading Co (SAU:9544) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Future Care Trading Co (SAU:9544) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ahmed Aqilan Street, P.O 6454, Al-Khalidiya District, Jeddah, SAU, 23421

Website

https://www.fc.med.sa

Future Care Trading Co offers home healthcare facilities in the Kingdom of Saudi Arabia, which includes a distinguished group of Healthcare Personnel. Its services comprise Doctor Visits, Nursing Services, Nursing Aid, Physiotherapy, Laboratory Services, Nutrition Services, and Social Services.

Future Care Trading Co (SAU:9544) Headlines

No Headlines