Midea Group Co (FRA:1520) Long-Term Debt : €1,805 Mil (As of Dec. 2024)

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What is Midea Group Co Long-Term Debt?

Midea Group Co's Long-Term Debt for the quarter that ended in Dec. 2024 was €1,805 Mil.

Midea Group Co's quarterly Long-Term Debt declined from Jun. 2024 (€5,515 Mil) to Sep. 2024 (€1,739 Mil) but then increased from Sep. 2024 (€1,739 Mil) to Dec. 2024 (€1,805 Mil).

Midea Group Co's annual Long-Term Debt declined from Dec. 2022 (€7,291 Mil) to Dec. 2023 (€6,339 Mil) and declined from Dec. 2023 (€6,339 Mil) to Dec. 2024 (€1,805 Mil).

Midea Group Co Long-Term Debt Historical Data

The historical data trend for Midea Group Co's Long-Term Debt 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.

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Midea Group Co Long-Term Debt Chart

Midea Group Co Annual Data

Trend

Dec15

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Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Debt

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5,383.46

2,742.00

7,291.48

6,338.77

1,804.69

Midea Group Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Long-Term Debt	Get a 7-Day Free Trial															6,338.77	6,288.79	5,515.37	1,738.81	1,804.69

Midea Group Co (FRA:1520) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Midea Group Co Long-Term Debt Related Terms

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Midea Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Midea Group Co Ltd (FRA:1520) » Definitions » Long-Term Debt

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Traded in Other Exchanges

00300:Hong Kong 1520:Germany 000333:China

Address

No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Shunde District, Guangdong Province, Foshan, CHN, 528311

Website

http://www.midea.com

Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products generally contribute the most to Midea's revenue, followed by other consumer appliances, and robotics and automation systems. In addition, Midea generates around 40% of sales outside of China.

Midea Group Co Headlines

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