Grand Harbour Marina (MAL:GHM) LT-Debt-to-Total-Asset: 0.54 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MAL:GHM Grand Harbour Marina PLC MAL:GHM
49 GF Score
Price €0.94
GF Value €0.80
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Grand Harbour Marina LT-Debt-to-Total-Asset?

Grand Harbour Marina MAL:GHM 49 LT-Debt-to-Total-Asset is 0.54 as of Dec. 2025. GuruFocus rates MAL:GHM with a GF Score™ of 49/100 and a GF Value™ of €0.80 (Modestly Overvalued). The stock has 8 warning signs investors should review.

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. Grand Harbour Marina's long-term debt to total assests ratio for the quarter that ended in Dec. 2025 was 0.54.

Grand Harbour Marina's long-term debt to total assets ratio declined from Dec. 2024 (0.55) to Dec. 2025 (0.54). It may suggest that Grand Harbour Marina is progressively becoming less dependent on debt to grow their business.

Grand Harbour Marina  (MAL:GHM) 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.

Grand Harbour Marina LT-Debt-to-Total-Asset Related Terms

Grand Harbour Marina LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Grand Harbour Marina'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.

Grand Harbour Marina LT-Debt-to-Total-Asset Chart

Grand Harbour Marina Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.73 0.68 0.55 0.54

Grand Harbour Marina Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.58 0.55 0.56 0.54
MAL:GHM
49GF Score
Grand Harbour Marina PLC MAL:GHM
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grand Harbour Marina LT-Debt-to-Total-Asset Calculation

Grand Harbour Marina's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=20.849/38.581
=0.54

Grand Harbour Marina's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (Q: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2025 )/Total Assets (Q: Dec. 2025 )
=20.849/38.581
=0.54

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.54 mean?
Grand Harbour Marina (MAL:GHM) has a LT-Debt-to-Total-Asset of 0.54 as of Dec. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Grand Harbour Marina and its competitors.
Is Grand Harbour Marina's LT-Debt-to-Total-Asset too high?
Grand Harbour Marina's current LT-Debt-to-Total-Asset is 0.54. Overall, Grand Harbour Marina has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Harbour Marina's LT-Debt-to-Total-Asset compare to AS and HAS?
Grand Harbour Marina's LT-Debt-to-Total-Asset of 0.54 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Travel & Leisure company?
A good LT-Debt-to-Total-Asset depends on the Travel & Leisure industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Grand Harbour Marina and its competitors. Grand Harbour Marina's current LT-Debt-to-Total-Asset is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Harbour Marina stock overvalued right now?
Based on GuruFocus' analysis, Grand Harbour Marina (MAL:GHM) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.80, compared to a current price of €0.94 — trading 17.5% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.54. Grand Harbour Marina's overall GF Score™ is 49/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Grand Harbour Marina (MAL:GHM), the current LT-Debt-to-Total-Asset is 0.54 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Grand Harbour Marina (MAL:GHM) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Harbour Marina stock appears to be overvalued. The current stock price of €0.94 is trading 17.5% above its estimated GF Value™ of €0.80. GuruFocus considers Grand Harbour Marina to be Modestly Overvalued.

Key valuation signals for MAL:GHM:

  • LT-Debt-to-Total-Asset: 0.54
  • GF Value™: €0.80 vs. price of €0.94 (17.5% above fair value)
  • GF Score™: 49/100 with 8 warning signs

No single metric tells the full story. See the MAL:GHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Grand Harbour Marina Business Description

Address Vittoriosa Wharf, Vittoriosa, MLT, BRG 1721
Grand Harbour Marina PLC is a Malta-based marina company. The principal business activities of the company and its joint venture are acquiring, developing, operating, and managing marinas. The group has two reportable segments, Grand Harbour Marina and IC Cesme Marina. The business operates in each of these two operating segments in the ownership and operation of marina facilities providing berthing and ancillary services for yachts and super-yachts. It generates maximum revenue from the Grand Harbour Marina segment.
49GF Score

Get the complete analysis for MAL:GHM

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.94
Price
€0.80
GF Value