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Melrose Industries (Melrose Industries) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2023)


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What is Melrose Industries 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. Melrose Industries's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.11.

Melrose Industries's long-term debt to total assets ratio declined from Dec. 2022 (0.12) to Dec. 2023 (0.11). It may suggest that Melrose Industries is progressively becoming less dependent on debt to grow their business.

Melrose Industries LT-Debt-to-Total-Asset Historical Data

The historical data trend for Melrose Industries'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.

Melrose Industries LT-Debt-to-Total-Asset Chart

Melrose Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.20 0.09 0.12 0.11

Melrose Industries 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 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 0.09 0.09 0.12 0.09 0.11

Melrose Industries LT-Debt-to-Total-Asset Calculation

Melrose Industries'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 )
=921.519/8770.886
=0.11

Melrose Industries'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 )
=921.519/8770.886
=0.11

* 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.

Melrose Industries  (OTCPK:MLSPF) 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.

Melrose Industries LT-Debt-to-Total-Asset Related Terms

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Melrose Industries (Melrose Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Melrose Industries PLC (OTCPK:MLSPF) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
LSE:SPX LSE:SMIN LSE:WEIR LSE:IMI LSE:ROR LSE:BOY LSE:MGAM LSE:GDWN LSE:ITM LSE:CGS XTER:SIE XPAR:SU ETN OSTO:ATCO A ITW PH XKRX:373220 EMR AME CMI
Traded in Other Exchanges
MROl:UK MRO:UK 27M:Germany
Address
5 Stratton Street, Stratton House, London, GBR, W1J 8LA
Website
https://www.melroseplc.net
Melrose Industries PLC owns manufacturing and industrial businesses operating in several different geographical regions and sectors. Its operating segments consist of Aerospace; Automotive; Powder Metallurgy and Other Industrial segment. The aerospace segment is a multi-technology supplier of both civil and defense air frames and engine structures. The automotive segment is a technology and systems engineer which designs, develops, manufactures, and integrates an extensive range of driveline technologies, including electric vehicle components. The powder Metallurgy segment provides precision powder metal parts for the automotive and industrial sectors, as well as the production of powder metal. Other Industrial segment comprises the Group's Ergotron business.

Melrose Industries (Melrose Industries) Headlines

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