MOOV (Moove Lubricants Holdings) Debt-to-Asset : 0.40 (As of Jun. 2024)

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What is Moove Lubricants Holdings Debt-to-Asset?

Moove Lubricants Holdings MOOV Debt-to-Asset is 0.40 as of Jun. 2024.

Moove Lubricants Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $157.54 Mil. Moove Lubricants Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $497.74 Mil. Moove Lubricants Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $1,638.49 Mil. Moove Lubricants Holdings's debt to asset for the quarter that ended in Jun. 2024 was 0.40.

Moove Lubricants Holdings  (NYSE:MOOV) 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.

Moove Lubricants Holdings Debt-to-Asset Related Terms

Moove Lubricants Holdings Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Moove Lubricants Holdings'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.

Moove Lubricants Holdings Debt-to-Asset Chart

Moove Lubricants Holdings Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Asset
0.00 0.34 0.31

Moove Lubricants Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Debt-to-Asset 0.00 0.34 0.00 0.31 0.40

MOOV vs : Debt-to-Asset Comparison

For the Specialty Chemicals subindustry, Moove Lubricants Holdings'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.

Moove Lubricants Holdings Debt-to-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Moove Lubricants Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Moove Lubricants Holdings's Debt-to-Asset falls into.


Moove Lubricants Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Moove Lubricants Holdings'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
=(143.619 + 347.563) / 1607.737
=0.31

Moove Lubricants Holdings'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
=(157.536 + 497.743) / 1638.489
=0.40

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.40 mean?
Moove Lubricants Holdings (MOOV) has a Debt-to-Asset of 0.40 as of Jun. 2024. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Moove Lubricants Holdings and its competitors.
Is Moove Lubricants Holdings' Debt-to-Asset too high?
Moove Lubricants Holdings' current Debt-to-Asset is 0.40.
How does Moove Lubricants Holdings' Debt-to-Asset compare to ?
Moove Lubricants Holdings' Debt-to-Asset of 0.40 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Chemicals company?
A good Debt-to-Asset depends on the Chemicals industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Moove Lubricants Holdings and its competitors. Moove Lubricants Holdings's current Debt-to-Asset is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moove Lubricants Holdings stock overvalued right now?
Moove Lubricants Holdings (MOOV) has a current Debt-to-Asset of 0.40. The current Debt-to-Asset is 0.40. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Moove Lubricants Holdings (MOOV), the current Debt-to-Asset is 0.40 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Moove Lubricants Holdings Business Description

Comparable Companies
Address Av. Brigadeiro Faria Lima, 4,100 - 8th Floor, Sao Paul, SP, BRA, 04538-132
Moove Lubricants Holdings is a lubricants solutions provider. The company specializes in the formulation, manufacturing, distribution, marketing, selling and servicing of lubricant products across a diverse range of end markets and customers.