Mc Group PCL (BKK:MC) LT-Debt-to-Total-Asset : 0.17 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Mc Group PCL 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. Mc Group PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.17.

Mc Group PCL's long-term debt to total assets ratio increased from Mar. 2023 (0.12) to Mar. 2024 (0.17). It may suggest that Mc Group PCL is progressively becoming more dependent on debt to grow their business.

Mc Group PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mc Group PCL'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.

* Premium members only.

Mc Group PCL LT-Debt-to-Total-Asset Chart

Mc Group PCL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

0.11

0.13

Mc Group PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.13	0.14	0.15	0.17

Mc Group PCL LT-Debt-to-Total-Asset Calculation

Mc Group PCL's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	705.908	/	5371.391
	=	0.13

Mc Group PCL'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 )
	=	935.927	/	5479.45
	=	0.17

Mc Group PCL (BKK:MC) 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.

Mc Group PCL LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Mc Group PCL's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Mc Group PCL (BKK:MC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mc Group PCL (BKK:MC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

448, 450, Onnuch Road, Kwang Pravet, Khet Pravet, Bangkok, THA, 10250

Website

https://www.mcgroupnet.com

Mc Group PCL is a Thailand-based company engaged in the manufacturing and distribution of apparel. Its only operating segment being clothing and accessories. Geographically, all the business operations function only through Thailand. Its Brand includes MC brand.