Medacta Group (FRA:6MD) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2023)

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What is Medacta Group 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. Medacta Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.21.

Medacta Group's long-term debt to total assets ratio declined from Dec. 2022 (0.27) to Dec. 2023 (0.21). It may suggest that Medacta Group is progressively becoming less dependent on debt to grow their business.

Medacta Group LT-Debt-to-Total-Asset Historical Data

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

Medacta Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.24

0.18

0.13

0.27

0.21

Medacta Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.13	0.03	0.27	0.05	0.21

Medacta Group LT-Debt-to-Total-Asset Calculation

Medacta Group'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 )
	=	146.945	/	695.871
	=	0.21

Medacta Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	146.945	/	695.871
	=	0.21

Medacta Group (FRA:6MD) 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.

Medacta Group LT-Debt-to-Total-Asset Related Terms

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Medacta Group (FRA:6MD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medacta Group SA (FRA:6MD) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

MOVEz:UK MOVE:Switzerland

Address

Strada Regina 34, Castel San Pietro, Ticino, CHE, 6874

Website

https://www.medacta.com

Medacta Group SA is a Switzerland based company involved in developing, manufacturing and distributing orthopaedic and neurosurgical medical devices worldwide. The company offers solutions for Hip, Knee, Shoulder and Spine.

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