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Abu Dhabi National Hotels (ADX:ADNH) Debt-to-Asset : 0.14 (As of Mar. 2024)


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What is Abu Dhabi National Hotels Debt-to-Asset?

Abu Dhabi National Hotels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ667 Mil. Abu Dhabi National Hotels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ1,124 Mil. Abu Dhabi National Hotels's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was د.إ12,707 Mil. Abu Dhabi National Hotels's debt to asset for the quarter that ended in Mar. 2024 was 0.14.


Abu Dhabi National Hotels Debt-to-Asset Historical Data

The historical data trend for Abu Dhabi National Hotels'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.

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Abu Dhabi National Hotels Debt-to-Asset Chart

Abu Dhabi National Hotels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.26 0.24 0.23 0.15

Abu Dhabi National Hotels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.16 0.16 0.15 0.14

Competitive Comparison of Abu Dhabi National Hotels's Debt-to-Asset

For the Lodging subindustry, Abu Dhabi National Hotels'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.


Abu Dhabi National Hotels's Debt-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Abu Dhabi National Hotels's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Abu Dhabi National Hotels's Debt-to-Asset falls into.



Abu Dhabi National Hotels Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Abu Dhabi National Hotels'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
=(477.278 + 1156.185) / 10967.502
=0.15

Abu Dhabi National Hotels'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
=(666.801 + 1123.8) / 12707.401
=0.14

* 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.


Abu Dhabi National Hotels  (ADX:ADNH) 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.


Abu Dhabi National Hotels Debt-to-Asset Related Terms

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Abu Dhabi National Hotels (ADX:ADNH) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 46806, Abu Dhabi, ARE
Abu Dhabi National Hotels is engaged in the hospitality business. The company's reportable segment includes Hotels, Transport services, and Holding. It generates maximum revenue from the hotel segment. The company earns the majority of its revenue from room rentals, food, beverage, and other ancillary services. It also manages other hotels for the account of other parties.

Abu Dhabi National Hotels (ADX:ADNH) Headlines

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