Ahliea Insurance Group (XPAE:AIG) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)

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What is Ahliea Insurance Group 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. Ahliea Insurance Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

Ahliea Insurance Group's long-term debt to total assets ratio declined from Dec. 2022 (0.06) to Dec. 2023 (0.04). It may suggest that Ahliea Insurance Group is progressively becoming less dependent on debt to grow their business.

Ahliea Insurance Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ahliea Insurance Group'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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Ahliea Insurance Group LT-Debt-to-Total-Asset Chart

Ahliea Insurance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.06

0.04

Ahliea Insurance Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	-	-	-	0.04

Ahliea Insurance Group LT-Debt-to-Total-Asset Calculation

Ahliea Insurance Group'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 )
	=	3.712	/	90.08
	=	0.04

Ahliea Insurance Group'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 )
	=	3.712	/	90.08
	=	0.04

Ahliea Insurance Group (XPAE:AIG) 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.

Ahliea Insurance Group LT-Debt-to-Total-Asset Related Terms

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Ahliea Insurance Group (XPAE:AIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ahliea Insurance Group (XPAE:AIG) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

17 Nizar Qabbani Street, Al Masyoun, Ramallah, PSE

Website

https://www.ahlia.ps

Ahliea Insurance Group is an insurance and reinsurance business company. It offers Vehicle insurance, properties Insurance, Engineering Insurance, Transport insurance, Accident insurance, Liability insurance, Workers insurance, and Tabou insurance. Private insurance, and General accident insurance. It is organized into eight business segments motor, general accidents, engineering accidents, workers, fire and theft, Healthy, Social Responsibility, and marine, and the majority of the revenue comes from the Motor segment.