MCHHF (Macmahon Holdings) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2024)

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What is Macmahon 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. Macmahon Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.20.

Macmahon Holdings's long-term debt to total assets ratio increased from Dec. 2023 (0.17) to Dec. 2024 (0.20). It may suggest that Macmahon Holdings is progressively becoming more dependent on debt to grow their business.

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

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

Macmahon Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.17

0.18

0.23

0.20

0.16

Macmahon Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.20	0.17	0.16	0.20

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

Macmahon Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	157.388	/	963.712
	=	0.16

Macmahon Holdings'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 )
	=	221.628	/	1097.904
	=	0.20

Macmahon Holdings (OTCPK:MCHHF) 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.

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

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Macmahon Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Macmahon Holdings Ltd (OTCPK:MCHHF) » Definitions » LT-Debt-to-Total-Asset

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MAH:Australia

Address

15 Hudswell Road, Perth Airport, Perth, WA, AUS, 6105

Website

https://www.macmahon.com.au

Macmahon Holdings Ltd is an Australian company providing mining services to clients throughout Australia, Southeast Asia, and South Africa. Its complete mining services range from mine development to materials delivery, including design, construction, and on-site services. Macmahon manages mines for mining companies, across a variety of base and precious metals and commodities. Its segments are Surface Mining, Underground Mining, and International Mining. It provides a complete set of mining services which includes surface and underground mining, civil and rehabilitation services, equipment maintenance, rentals and management.