What is the debt of Saudi Arabian Oil this year?
Saudi Arabian Oil has a debt level of 128,423 SAR this year.
In 2024, Saudi Arabian Oil's total debt was 128,423 SAR, a -35.73% change from the 199,831 SAR total debt recorded in the previous year.
Saudi Arabian Oil's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Analyzing Saudi Arabian Oil's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Investors pay close attention to Saudi Arabian Oil’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Shifts in Saudi Arabian Oil’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Saudi Arabian Oil has a debt level of 128,423 SAR this year.
The debt of Saudi Arabian Oil has increased by -35.73% compared to the previous year dropped.
High debt can pose a risk for investors of Saudi Arabian Oil, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
Low debt means that Saudi Arabian Oil has a strong financial position and is able to fulfill its obligations without overburdening its finances.
An increase in debt of Saudi Arabian Oil can adversely affect the financial condition of the company and result in a higher burden on its finances.
A reduction in debt of Saudi Arabian Oil can strengthen the company's financial position and improve its ability to meet its financial obligations.
Some factors that can influence the debt of Saudi Arabian Oil include investments, acquisitions, operating costs, and revenue development.
The debts of Saudi Arabian Oil are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
To change the debt, Saudi Arabian Oil can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
Over the past 12 months, Saudi Arabian Oil paid a dividend of 1.55 SAR . This corresponds to a dividend yield of about 5.45 %. For the coming 12 months, Saudi Arabian Oil is expected to pay a dividend of 1.73 SAR.
The current dividend yield of Saudi Arabian Oil is 5.45 %.
Saudi Arabian Oil pays a quarterly dividend. This is distributed in the months of October, December, April, June.
Saudi Arabian Oil paid dividends every year for the past 7 years.
For the upcoming 12 months, dividends amounting to 1.73 SAR are expected. This corresponds to a dividend yield of 6.11 %.
Saudi Arabian Oil is assigned to the 'Energy' sector.
To receive the latest dividend of Saudi Arabian Oil from 5/23/2024 amounting to 0.482 SAR, you needed to have the stock in your portfolio before the ex-date on 5/15/2024.
The last dividend was paid out on 5/23/2024.
In the year 2023, Saudi Arabian Oil distributed 1.279 SAR as dividends.
The dividends of Saudi Arabian Oil are distributed in SAR.
Our stock analysis for Saudi Arabian Oil Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Saudi Arabian Oil Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.