Melrose Industries (CHIX:MROL) LT-Debt-to-Total-Asset : 0.17 (As of Jun. 2024)

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What is Melrose Industries 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. Melrose Industries's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.17.

Melrose Industries's long-term debt to total assets ratio increased from Jun. 2023 (0.09) to Jun. 2024 (0.17). It may suggest that Melrose Industries is progressively becoming more dependent on debt to grow their business.

Melrose Industries LT-Debt-to-Total-Asset Historical Data

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

Melrose Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.20

0.09

0.12

0.11

Melrose Industries Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.12	0.09	0.11	0.17

Melrose Industries LT-Debt-to-Total-Asset Calculation

Melrose Industries'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 )
	=	728	/	6929
	=	0.11

Melrose Industries'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 )
	=	1232	/	7124
	=	0.17

Melrose Industries (CHIX:MROl) 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.

Melrose Industries LT-Debt-to-Total-Asset Related Terms

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Melrose Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Melrose Industries PLC (CHIX:MROl) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

MLSPF:USA MRO:UK 27M:Germany

Address

5 Stratton Street, Stratton House, London, GBR, W1J 8LA

Website

https://www.melroseplc.net

Melrose Industries is a UK-based company that manufactures engines and structures products for all major OEMs across civil and defense markets. The company derives around 75% of its revenue from civil and the remaining from defense.In the civil market, the company operates in 90% of existing fleets in service and is a demonstrator partner in the GTF and CFM RISE next-generation engines for narrow-body aircraft.

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