Monadelphous Group (ASX:MND) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Monadelphous 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. Monadelphous Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

Monadelphous Group's long-term debt to total assets ratio declined from Dec. 2022 (0.10) to Dec. 2023 (0.09). It may suggest that Monadelphous Group is progressively becoming less dependent on debt to grow their business.

Monadelphous Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Monadelphous 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.

* Premium members only.

Monadelphous Group LT-Debt-to-Total-Asset Chart

Monadelphous Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.10

0.09

0.08

Monadelphous Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.09	0.10	0.08	0.09

Monadelphous Group LT-Debt-to-Total-Asset Calculation

Monadelphous Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	64.256	/	768.174
	=	0.08

Monadelphous 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 )
	=	75.615	/	872.395
	=	0.09

Monadelphous Group (ASX:MND) 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.

Monadelphous Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Monadelphous Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Monadelphous Group (ASX:MND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Monadelphous Group Ltd (ASX:MND) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

8MP:Germany

Address

59 Albany Highway, Victoria Park, Perth, WA, AUS, 6100

Website

https://www.monadelphous.com.au

Monadelphous is an engineering company providing construction, maintenance, and industrial services to the mining, energy, and infrastructure sectors. The engineering construction division provides electrical, mechanical, instrumentation, and piping services to the mining and energy sector. The maintenance and industrial services division specializes in the operation and management of mechanical and electrical maintenance services at infrastructure and resource facilities.

Monadelphous Group (ASX:MND) Headlines

No Headlines