A P Moller Maersk AS (LTS:0O77) LT-Debt-to-Total-Asset : 0.16 (As of Sep. 2024)

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What is A P Moller Maersk AS 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. A P Moller Maersk AS's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.16.

A P Moller Maersk AS's long-term debt to total assets ratio increased from Sep. 2023 (0.14) to Sep. 2024 (0.16). It may suggest that A P Moller Maersk AS is progressively becoming more dependent on debt to grow their business.

A P Moller Maersk AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for A P Moller Maersk AS'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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A P Moller Maersk AS LT-Debt-to-Total-Asset Chart

A P Moller Maersk AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.27

0.24

0.17

0.13

0.15

A P Moller Maersk AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.15	0.16	0.16	0.16

A P Moller Maersk AS LT-Debt-to-Total-Asset Calculation

A P Moller Maersk AS'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 )
	=	81792.052	/	561137.08
	=	0.15

A P Moller Maersk AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	88845.55	/	570640.356
	=	0.16

A P Moller Maersk AS (LTS:0O77) 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.

A P Moller Maersk AS LT-Debt-to-Total-Asset Related Terms

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A P Moller Maersk AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » A P Moller Maersk AS (LTS:0O77) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

AMKBY:USA AMKBF:USA AMKAF:USA MAERBc:UK MAERAc:UK 0O76:UK MAERSK B:Denmark MAERSK A:Denmark DP4H:Germany

Address

Esplanaden 50, Copenhagen, DNK, 1263

Website

https://www.maersk.com

Denmark-listed A.P. Moller-Maersk operates trade, shipping, logistics and terminal assets globally. The oceans segment, the largest contributor to group revenue and earnings, has the second-largest oceangoing shipping capacity globally. Maersk has acquired several logistics firms in the past couple of years and plans for the segment to be the company's growth engine. Over the past few years, Maersk has divested noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations and ocean towing.

A P Moller Maersk AS Headlines

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