Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Total Liabilities : KWD151.3 Mil (As of Mar. 2024)

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What is Ali Alghanim Sons Automotive Co KSC Total Liabilities?

Ali Alghanim Sons Automotive Co KSC's Total Liabilities for the quarter that ended in Mar. 2024 was KWD151.3 Mil.

Ali Alghanim Sons Automotive Co KSC's quarterly Total Liabilities declined from Sep. 2023 (KWD137.60 Mil) to Dec. 2023 (KWD130.75 Mil) but then increased from Dec. 2023 (KWD130.75 Mil) to Mar. 2024 (KWD151.35 Mil).

Ali Alghanim Sons Automotive Co KSC's annual Total Liabilities increased from Dec. 2021 (KWD84.12 Mil) to Dec. 2022 (KWD108.41 Mil) and increased from Dec. 2022 (KWD108.41 Mil) to Dec. 2023 (KWD130.75 Mil).

Ali Alghanim Sons Automotive Co KSC Total Liabilities Historical Data

The historical data trend for Ali Alghanim Sons Automotive Co KSC's Total Liabilities 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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Ali Alghanim Sons Automotive Co KSC Total Liabilities Chart

Ali Alghanim Sons Automotive Co KSC Annual Data

Trend

Dec21

Dec22

Dec23

Total Liabilities

84.12

108.41

130.75

Ali Alghanim Sons Automotive Co KSC Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial							117.67	122.10	137.60	130.75	151.35

Ali Alghanim Sons Automotive Co KSC Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Ali Alghanim Sons Automotive Co KSC's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	79.476	+	(34.101	+	11.331
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	5.846)
	=	130.8

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	223.182	-	92.429
	=	130.8

Ali Alghanim Sons Automotive Co KSC's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	102.197	+	(33.324	+	9.819
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	6.006)
	=	151.3

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	234.416	-	83.07
	=	151.3

Ali Alghanim Sons Automotive Co KSC Total Liabilities Related Terms

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Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ali Alghanim Sons Automotive Co KSC (KUW:ALG) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road 55, P.O. Box 21540, Safat, Opposite Kaifan Telecommunication, Shuwaikh, KWT, 13076

Website

https://alg.com.kw

Ali Alghanim Sons Automotive Co KSC is engaged in the automotive business. The Primary Activities of the Company are selling and purchasing cars and spare parts, importing and exporting light and heavy vehicles and cars, renting cars, maintaining light & heavy vehicles and cars, trading auto spare parts, and renting equipment and their maintenance. The Group is divided into four main geographical segments which are the State of Kuwait, Iraq, Egypt and the United Arab Emirates. The majority is derived from Kuwait.