Agility Public Warehousing Co (KUW:AGLTY) LT-Debt-to-Total-Asset : 0.33 (As of Mar. 2024)

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What is Agility Public Warehousing 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. Agility Public Warehousing Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.33.

Agility Public Warehousing Co's long-term debt to total assets ratio increased from Mar. 2023 (0.30) to Mar. 2024 (0.33). It may suggest that Agility Public Warehousing Co is progressively becoming more dependent on debt to grow their business.

Agility Public Warehousing Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Agility Public Warehousing 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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Agility Public Warehousing Co LT-Debt-to-Total-Asset Chart

Agility Public Warehousing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.18

0.21

0.17

0.30

Agility Public Warehousing 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															0.30	0.29	0.30	0.30	0.33

Agility Public Warehousing Co LT-Debt-to-Total-Asset Calculation

Agility Public Warehousing 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 )
	=	1132.835	/	3745.548
	=	0.30

Agility Public Warehousing 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 )
	=	1260.933	/	3855.384
	=	0.33

Agility Public Warehousing Co (KUW:AGLTY) 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.

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Agility Public Warehousing Co (KUW:AGLTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Agility Public Warehousing Co (KUW:AGLTY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AGLTY:United Arab Emirates

Address

Sulaibia, Beside Land Customs Clearing Area, P.O. Box 25418, Safat, Kuwait, KWT, 13115

Website

https://www.agility.com

Agility Public Warehousing Co is a Kuwait-based company. The company's segment includes Controlled entities and Investments. It generates maximum revenue from the Controlled entities segment. The entities that are part of Controlled entities segment provides services that include real estate, fuel logistics, airplane ground handling and cleaning services, cargo and lounge management, customs operations and management, construction and remote site services, customs consulting and waste recycling.

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