MPC Container Ships ASA (FRA:MP2) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2024)

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What is MPC Container Ships ASA 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. MPC Container Ships ASA's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.24.

MPC Container Ships ASA's long-term debt to total assets ratio increased from Dec. 2023 (0.10) to Dec. 2024 (0.24). It may suggest that MPC Container Ships ASA is progressively becoming more dependent on debt to grow their business.

MPC Container Ships ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for MPC Container Ships ASA'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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MPC Container Ships ASA LT-Debt-to-Total-Asset Chart

MPC Container Ships ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.41

0.14

0.08

0.10

0.24

MPC Container Ships ASA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.09	0.13	0.14	0.24

MPC Container Ships ASA LT-Debt-to-Total-Asset Calculation

MPC Container Ships ASA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	285.847	/	1175.962
	=	0.24

MPC Container Ships ASA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	285.847	/	1175.962
	=	0.24

MPC Container Ships ASA (FRA:MP2) 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.

MPC Container Ships ASA LT-Debt-to-Total-Asset Related Terms

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MPC Container Ships ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MPC Container Ships ASA (FRA:MP2) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MPZZF:USA MPCCo:Sweden MPCC:Norway MPCCo:UK 0A27:UK

Address

Ruselokkveien 34, Oslo, NOR, N-0251

Website

https://www.mpc-container.com

MPC Container Ships ASA is a Norway based company that engages in the investment in and operation of shipping assets. The group's principal business activity is to invest in and operate maritime assets in the container shipping segment. It owns and operates container shops and feeder vessels that are chartered out to liner shipping companies and regional carriers. https://oxbridgere.com/sec-filings The group has one reporting segment as it employs one type of vessel which is Container Vessels.

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