Merchant House International (ASX:MHI) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is Merchant House International LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Merchant House International's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Merchant House International's long-term debt to total assets ratio declined from Mar. 2023 (0.00) to Mar. 2024 (0.00). It may suggest that Merchant House International is progressively becoming less dependent on debt to grow their business.

Merchant House International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Merchant House International's LT-Debt-to-Total-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.

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Merchant House International LT-Debt-to-Total-Asset Chart

Merchant House International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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Merchant House International Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Merchant House International LT-Debt-to-Total-Asset Calculation

Merchant House International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	0.011	/	33.554
	=	0.00

Merchant House International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0.011	/	33.554
	=	0.00

Merchant House International (ASX:MHI) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Merchant House International LT-Debt-to-Total-Asset Related Terms

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Merchant House International (ASX:MHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Merchant House International Ltd (ASX:MHI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Lee Chung Street, Unit B and C, 10th Floor, E-Trade Plaza, Chai Wan, Hong Kong, HKG

Website

https://www.lorettalee.com.hk

Merchant House International Ltd is engaged in the design, manufacturing, and marketing of home textiles, seasonal and decorative products, and leather shoes. The company's operating segment includes Home textile, Footwear trading, and Footwear manufacturing. It generates maximum revenue from the Footwear trading segment. Geographically, it derives a majority of its revenue from the United States of America.