Mountain Top Properties (Mountain Top Properties) LT-Debt-to-Total-Asset : 0.67 (As of Mar. 2024)

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What is Mountain Top Properties 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. Mountain Top Properties's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.67.

Mountain Top Properties's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.67). It may suggest that Mountain Top Properties is progressively becoming more dependent on debt to grow their business.

Mountain Top Properties LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mountain Top Properties'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.

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Mountain Top Properties LT-Debt-to-Total-Asset Chart

Mountain Top Properties Annual Data

Trend

Dec22

Dec23

LT-Debt-to-Total-Asset

0.69

Mountain Top Properties Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				-	-	-	0.69	0.67

Mountain Top Properties LT-Debt-to-Total-Asset Calculation

Mountain Top Properties'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 )
	=	0.108	/	0.157
	=

Mountain Top Properties's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0.096	/	0.144
	=

Mountain Top Properties (OTCPK:MTPP) 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.

Mountain Top Properties LT-Debt-to-Total-Asset Related Terms

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Mountain Top Properties (Mountain Top Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mountain Top Properties Inc (OTCPK:MTPP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

7505 Floyd Ct, Weatherford, TX, USA, 76087

Website

Mountain Top Properties Inc is a diversified holding company that acquires, sells, and operates distressed assets through its wholly-owned subsidiaries and partnerships. The company specializes in property management, REO foreclosure and real estate redevelopment.

Mountain Top Properties (Mountain Top Properties) Headlines

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