Motus Holdings (JSE:MTH) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2023)

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What is Motus Holdings 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. Motus Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.17.

Motus Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.21) to Dec. 2023 (0.17). It may suggest that Motus Holdings is progressively becoming less dependent on debt to grow their business.

Motus Holdings LT-Debt-to-Total-Asset Historical Data

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

Motus Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.12

0.22

0.11

0.13

0.20

Motus Holdings Semi-Annual Data
	Jun16	Jun17	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	0.13	0.21	0.20	0.17

Motus Holdings LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	13005	/	66655
	=	0.20

Motus Holdings'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 )
	=	11081	/	65949
	=	0.17

Motus Holdings (JSE:MTH) 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.

Motus Holdings LT-Debt-to-Total-Asset Related Terms

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Motus Holdings (JSE:MTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Motus Holdings Ltd (JSE:MTH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Van Buuren Road, Corner Geldenhuis and Van Dort Streets, Bedfordview, GT, ZAF, 2008

Website

https://www.motus.co.za

Motus Holdings Ltd is a non-manufacturing service provider in the automotive sector. It has four business segments namely Import and Distribution; Retail and Rental; Mobility Solutions and Aftermarket Parts, Head Office and Eliminations. The company generates maximum revenue from New motor vehicles. Its Import and Distribution segment includes importer and distributor of passenger, light commercial vehicles (LCVs) and parts to serve a network of dealerships, car rental companies, fleets, and government institutions in South Africa.