M&G (LSE:MNG) Debt-to-Asset : 0.05 (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is M&G Debt-to-Asset?

M&G's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0 Mil. M&G's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £8,545 Mil. M&G's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was £188,683 Mil. M&G's debt to asset for the quarter that ended in Jun. 2024 was 0.05.

M&G Debt-to-Asset Historical Data

The historical data trend for M&G's Debt-to-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.

M&G Debt-to-Asset Chart

M&G Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.04

0.05

M&G Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial										0.04	0.04	0.04	0.05	0.05

Competitive Comparison of M&G's Debt-to-Asset

For the Asset Management subindustry, M&G's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

M&G's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, M&G's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where M&G's Debt-to-Asset falls into.

M&G Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

M&G's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	8476)	/	189622
	=	0.04

M&G's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	8545)	/	188683
	=	0.05

M&G (LSE:MNG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

M&G Debt-to-Asset Related Terms

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

M&G Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » M&G PLC (LSE:MNG) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

MGPUF:USA MNGl:UK 7MP:Germany

Address

10 Fenchurch Avenue, London, GBR, EC3M 5AG

Website

https://www.mandg.com

M&G PLC is a United Kingdom-based company engaged in the savings and investments business. It serves retail customers, who want to build and protect their life savings, and provides investment solutions. The company's reportable segment are Asset Management segment offers investment management to both wholesale and institutional clients. The Life segment operates in the savings and pensions market and includes corporate risk and individual and international solutions. The Wealth segment h provides access to a range of retirement, savings, and investment management solutions to its clients, and The Corporate Centre segment includes central corporate costs and debt costs.

M&G Headlines

No Headlines