Maghrebail (CAS:MAB) LT-Debt-to-Total-Asset : 0.85 (As of Jun. 2024)

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What is Maghrebail 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. Maghrebail's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.85.

Maghrebail's long-term debt to total assets ratio stayed the same from Jun. 2023 (0.85) to Jun. 2024 (0.85).

Maghrebail LT-Debt-to-Total-Asset Historical Data

The historical data trend for Maghrebail'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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Maghrebail LT-Debt-to-Total-Asset Chart

Maghrebail Annual Data

Trend

Dec13

Dec14

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.88

0.87

0.74

0.78

0.82

Maghrebail Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Jun17	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.85	0.78	0.85	0.82	0.85

Maghrebail LT-Debt-to-Total-Asset Calculation

Maghrebail's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	10621.261	/	12986.14
	=	0.82

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	10939.695	/	12877.359
	=	0.85

Maghrebail (CAS:MAB) 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.

Maghrebail LT-Debt-to-Total-Asset Related Terms

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Maghrebail Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Maghrebail SA (CAS:MAB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

45, Boulevard Moulay Youssef, Casablanca, MAR, 20070

Website

https://www.maghrebail.ma

Maghrebail SA is a leasing company in Morocco. It provides Equipment Leasing and Real Estate Leasing services. The company also provides turnkey financing including lease, free technical assistance and investment grant for the purchase of new equipment and / or the realization of investment projects that allow to reduce energy consumption.