GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » EMSTEEL Building Materials PJSC (ADX:EMSTEEL) » Definitions » Liabilities-to-Assets

EMSTEEL Building Materials PJSC (ADX:EMSTEEL) Liabilities-to-Assets : 0.23 (As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is EMSTEEL Building Materials PJSC Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. EMSTEEL Building Materials PJSC's Total Liabilities for the quarter that ended in Jun. 2024 was د.إ2,525 Mil. EMSTEEL Building Materials PJSC's Total Assets for the quarter that ended in Jun. 2024 was د.إ11,032 Mil. Therefore, EMSTEEL Building Materials PJSC's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.23.


EMSTEEL Building Materials PJSC Liabilities-to-Assets Historical Data

The historical data trend for EMSTEEL Building Materials PJSC's Liabilities-to-Assets 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.

EMSTEEL Building Materials PJSC Liabilities-to-Assets Chart

EMSTEEL Building Materials PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.47 0.41 0.33 0.24

EMSTEEL Building Materials PJSC Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Liabilities-to-Assets 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 0.29 0.27 0.24 0.24 0.23

Competitive Comparison of EMSTEEL Building Materials PJSC's Liabilities-to-Assets

For the Steel subindustry, EMSTEEL Building Materials PJSC's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


EMSTEEL Building Materials PJSC's Liabilities-to-Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, EMSTEEL Building Materials PJSC's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where EMSTEEL Building Materials PJSC's Liabilities-to-Assets falls into.



EMSTEEL Building Materials PJSC Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

EMSTEEL Building Materials PJSC's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=2696.376/11028.812
=0.24

EMSTEEL Building Materials PJSC's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=2524.792/11031.702
=0.23

* 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.


EMSTEEL Building Materials PJSC  (ADX:EMSTEEL) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


EMSTEEL Building Materials PJSC Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of EMSTEEL Building Materials PJSC's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


EMSTEEL Building Materials PJSC Business Description

Traded in Other Exchanges
N/A
Address
Abu Dhabi Industrial City (ICAD), PO Box: 9022, Musaffah, Abu Dhabi, ARE
EMSTEEL Building Materials PJSC is a steel and building materials manufacturer. The Group incorporates the latest innovative technologies in manufacturing, efficiency and sustainability, to deliver the high-quality products, services and solutions that clients need for their business to thrive today and tomorrow. It produces home-grown high-quality steel products that are shipped and used across the world and delivered into major global markets, for the construction, engineering and energy sectors. Additionally, the Group produces premium cement, blocks, pipes, and dry mortar, creating a one-stop shop for the manufacturing and construction sectors.

EMSTEEL Building Materials PJSC Headlines

No Headlines