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Maple Leaf Foods (Maple Leaf Foods) Debt-to-Asset : 0.46 (As of Dec. 2023)


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What is Maple Leaf Foods Debt-to-Asset?

Maple Leaf Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $327 Mil. Maple Leaf Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,261 Mil. Maple Leaf Foods's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $3,431 Mil. Maple Leaf Foods's debt to asset for the quarter that ended in Dec. 2023 was 0.46.


Maple Leaf Foods Debt-to-Asset Historical Data

The historical data trend for Maple Leaf Foods'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.

Maple Leaf Foods Debt-to-Asset Chart

Maple Leaf Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.26 0.33 0.43 0.46

Maple Leaf Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-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 0.43 0.43 0.47 0.47 0.46

Competitive Comparison of Maple Leaf Foods's Debt-to-Asset

For the Packaged Foods subindustry, Maple Leaf Foods'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.


Maple Leaf Foods's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Maple Leaf Foods's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Maple Leaf Foods's Debt-to-Asset falls into.



Maple Leaf Foods Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Maple Leaf Foods'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
=(327.047 + 1261.453) / 3431.068
=0.46

Maple Leaf Foods's Debt-to-Asset for the quarter 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
=(327.047 + 1261.453) / 3431.068
=0.46

* 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.


Maple Leaf Foods  (OTCPK:MLFNF) 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.


Maple Leaf Foods Debt-to-Asset Related Terms

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


Maple Leaf Foods (Maple Leaf Foods) Business Description

Traded in Other Exchanges
Address
6985 Financial Drive, Mississauga, ON, CAN, L5N 0A1
Maple Leaf Foods Incs is a producer of food products under leading brands, including Maple Leaf, Maple Leaf PrimeMaple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife, and Field Roast. The Company's portfolio includes prepared meats, ready-to-cook and ready-toserve meals, and valued-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell's Gourmet Food, Larse, Parm, and Hygrade.