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Mackenzie Master LP (TSX:MKZ.UN) Liabilities-to-Assets : 0.33 (As of Dec. 2023)


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What is Mackenzie Master LP Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Mackenzie Master LP's Total Liabilities for the quarter that ended in Dec. 2023 was C$0.25 Mil. Mackenzie Master LP's Total Assets for the quarter that ended in Dec. 2023 was C$0.77 Mil. Therefore, Mackenzie Master LP's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.33.


Mackenzie Master LP Liabilities-to-Assets Historical Data

The historical data trend for Mackenzie Master LP's Liabilities-to-Assets 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.

Mackenzie Master LP Liabilities-to-Assets Chart

Mackenzie Master LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.32 0.31 0.32 0.33

Mackenzie Master LP Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets 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 0.31 0.34 0.32 0.34 0.33

Competitive Comparison of Mackenzie Master LP's Liabilities-to-Assets

For the Asset Management subindustry, Mackenzie Master LP's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Mackenzie Master LP's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mackenzie Master LP's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Mackenzie Master LP's Liabilities-to-Assets falls into.



Mackenzie Master LP Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Mackenzie Master LP's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=0.251/0.767
=0.33

Mackenzie Master LP's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=0.251/0.767
=0.33

* 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.


Mackenzie Master LP  (TSX:MKZ.UN) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Mackenzie Master LP Liabilities-to-Assets Related Terms

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Mackenzie Master LP (TSX:MKZ.UN) Business Description

Traded in Other Exchanges
N/A
Address
180 Queen Street West, Toronto, ON, CAN, M5V 3K1
Mackenzie Master LP is a Canada-based company engaged in the provision of investment advisory services. It offers a variety of products and services such as exchange-traded funds, multi-asset solutions, and mutual funds, among others.

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