Mac Hotels (BOM:541973) LT-Debt-to-Total-Asset : 0.24 (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Mac Hotels 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. Mac Hotels's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.24.

Mac Hotels's long-term debt to total assets ratio declined from Sep. 2023 (0.27) to Sep. 2024 (0.24). It may suggest that Mac Hotels is progressively becoming less dependent on debt to grow their business.

Mac Hotels LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mac Hotels'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.

Mac Hotels LT-Debt-to-Total-Asset Chart

Mac Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.23

0.33

0.30

0.28

0.21

Mac Hotels Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.33	0.28	0.27	0.21	0.24

Mac Hotels LT-Debt-to-Total-Asset Calculation

Mac Hotels'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 )
	=	15.83	/	76.597
	=	0.21

Mac Hotels's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	17.835	/	75.013
	=	0.24

Mac Hotels (BOM:541973) 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.

Mac Hotels LT-Debt-to-Total-Asset Related Terms

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

Mac Hotels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Mac Hotels Ltd (BOM:541973) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beach Plaza (Annexee), Mac Corporate House, First Floor, Nomxin, Caranzalem, Ilhas, Panji, GA, IND, 403 001

Website

https://www.machotels.net

Mac Hotels Ltd is principal engaged in the business of owning, operating and managing hotels, restaurants and resorts in Goa. It operates and manages one resort under the name Resort Park Avenue in Goa. Its revenue sources comprise Room Revenue and Food and Beverage Sale.

Mac Hotels Headlines

No Headlines