Anghami (Anghami) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Anghami 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. Anghami's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Anghami's long-term debt to total assets ratio declined from Dec. 2022 (0.01) to Dec. 2023 (0.00). It may suggest that Anghami is progressively becoming less dependent on debt to grow their business.

Anghami LT-Debt-to-Total-Asset Historical Data

The historical data trend for Anghami'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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Anghami LT-Debt-to-Total-Asset Chart

Anghami Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.38

0.01

Anghami Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.01	-	0.01	0.01	-

Anghami LT-Debt-to-Total-Asset Calculation

Anghami'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 )
	=	0.058	/	19.465
	=	0.00

Anghami's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.058	/	19.465
	=	0.00

Anghami (NAS:ANGH) 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.

Anghami LT-Debt-to-Total-Asset Related Terms

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Anghami (Anghami) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Anghami Inc (NAS:ANGH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, Al Maryah Island, 16th Floor, Al-Khatem Tower, WeWork Hub71, Abu Dhabi, ARE

Website

https://www.anghami.com

Anghami Inc is a digital music entertainment technology platform in the Middle East and North Africa, with the largest catalog of songs. The company features licensed content from leading Arabic labels, independent artists, and distributors. It also features music from major International labels such as Universal, Sony, and Warner and is continuously licensing new content.