MAMO (Massimo Group) Debt-to-Asset : 0.27 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Massimo Group Debt-to-Asset?

Massimo Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $7.7 Mil. Massimo Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $7.4 Mil. Massimo Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $56.7 Mil. Massimo Group's debt to asset for the quarter that ended in Dec. 2024 was 0.27.

Massimo Group Debt-to-Asset Historical Data

The historical data trend for Massimo Group'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.

Massimo Group Debt-to-Asset Chart

Massimo Group Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

0.21

0.49

0.23

0.27

Massimo Group Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial						0.23	0.20	0.21	0.29	0.27

Competitive Comparison of Massimo Group's Debt-to-Asset

For the Recreational Vehicles subindustry, Massimo Group'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.

Massimo Group's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Massimo Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Massimo Group's Debt-to-Asset falls into.

Save Embed

;

Save Embed

;

Massimo Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Massimo Group's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(7.724	+	7.446)	/	56.692
	=	0.27

Massimo Group's Debt-to-Asset for the quarter that ended in Dec. 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
	=	(7.724	+	7.446)	/	56.692
	=	0.27

Massimo Group (NAS:MAMO) 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.

Massimo Group Debt-to-Asset Related Terms

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

Massimo Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Massimo Group (NAS:MAMO) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3101 W Miller Road, Garland, TX, USA, 75041

Website

https://www.massimomotor.com

Massimo Group is engaged in the mid-tier band the (Mid-Tier Band) of the Powersports Vehicles and Boats Industry. It manufacture, import and distribute a diversified portfolio of products divided into two main lines: a motor sports brand consisting of utility terrain vehicles (UTVs), all-terrain vehicles (ATVs), motorcycles, scooters, golf carts, and a juvenile line from go karts to balance bikes; and a motor boat line consisting of pontoon and tritoon boats (Pontoon Boats).