Merchants Trust (The) (LSE:MRCH) LT-Debt-to-Total-Asset : 0.12 (As of Jan. 2024)

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What is Merchants Trust (The) 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. Merchants Trust (The)'s long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.12.

Merchants Trust (The)'s long-term debt to total assets ratio increased from Jan. 2023 (0.12) to Jan. 2024 (0.12). It may suggest that Merchants Trust (The) is progressively becoming more dependent on debt to grow their business.

Merchants Trust (The) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Merchants Trust (The)'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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Merchants Trust (The) LT-Debt-to-Total-Asset Chart

Merchants Trust (The) Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.13

0.14

0.11

0.12

Merchants Trust (The) Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	-	0.12	-	0.12

Merchants Trust (The) LT-Debt-to-Total-Asset Calculation

Merchants Trust (The)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	108.073	/	899.477
	=	0.12

Merchants Trust (The)'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	108.073	/	899.477
	=	0.12

Merchants Trust (The) (LSE:MRCH) 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.

Merchants Trust (The) LT-Debt-to-Total-Asset Related Terms

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Merchants Trust (The) (LSE:MRCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Merchants Trust (The) PLC (LSE:MRCH) » Definitions » LT-Debt-to-Total-Asset

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MRCHl:UK

Address

199 Bishopsgate, London, GBR, EC2M 3TY

Website

https://www.merchantstrust.co.uk

Merchants Trust (The) PLC is an investment trust. Its objective is to provide an above-average level of income and income growth together with long-term capital growth through a policy of investing mainly in higher-yielding large UK companies. Its performance is benchmarked against the FTSE All-Share Index. It invests across various sectors.

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