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Combined Group Contracting K C (KUW:CGC) Debt-to-Asset : 0.13 (As of Mar. 2024)


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What is Combined Group Contracting K C Debt-to-Asset?

Combined Group Contracting K C's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD19.8 Mil. Combined Group Contracting K C's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD9.9 Mil. Combined Group Contracting K C's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was KWD228.6 Mil. Combined Group Contracting K C's debt to asset for the quarter that ended in Mar. 2024 was 0.13.


Combined Group Contracting K C Debt-to-Asset Historical Data

The historical data trend for Combined Group Contracting K C'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.

Combined Group Contracting K C Debt-to-Asset Chart

Combined Group Contracting K C 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 0.16 0.14 0.14 0.12

Combined Group Contracting K C 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 0.13 0.15 0.12 0.12 0.13

Competitive Comparison of Combined Group Contracting K C's Debt-to-Asset

For the Engineering & Construction subindustry, Combined Group Contracting K C'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.


Combined Group Contracting K C's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Combined Group Contracting K C's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Combined Group Contracting K C's Debt-to-Asset falls into.



Combined Group Contracting K C Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Combined Group Contracting K C'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
=(18.391 + 10.059) / 229.862
=0.12

Combined Group Contracting K C's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

* 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.


Combined Group Contracting K C  (KUW:CGC) 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.


Combined Group Contracting K C Debt-to-Asset Related Terms

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Combined Group Contracting K C (KUW:CGC) Business Description

Traded in Other Exchanges
N/A
Address
Al Ardiya Industrial, P.O. Box : 4819, Block No. 2, Plot No. 284, Kuwait City, KWT, 13049
Combined Group Contracting SA K C is a Kuwait-based company engaged in the construction industry. It undertakes general contracting, mechanical works, engineering works; packaging cement, sand, and related materials; Asphalt production, constructions works of building, ways, bridges and managing, controlling them and their related works and many other activities. The group has the operations in State of Kuwait and Gulf Countries of which it earns the majority of revenue share from Kuwait region.