MCZAF (Mad Catz Interactive) LT-Debt-to-Total-Asset: 0.07 (As of Dec. 2016)

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.

What is Mad Catz Interactive LT-Debt-to-Total-Asset?

Mad Catz Interactive MCZAF -3.33% LT-Debt-to-Total-Asset is 0.07 as of Dec. 2016.

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. Mad Catz Interactive's long-term debt to total assests ratio for the quarter that ended in Dec. 2016 was 0.07.

Mad Catz Interactive's long-term debt to total assets ratio increased from Dec. 2015 (0.00) to Dec. 2016 (0.07). It may suggest that Mad Catz Interactive is progressively becoming more dependent on debt to grow their business.

Mad Catz Interactive  (OTCPK:MCZAF) 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.

Mad Catz Interactive LT-Debt-to-Total-Asset Related Terms

Mad Catz Interactive LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Mad Catz Interactive'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.

Mad Catz Interactive LT-Debt-to-Total-Asset Chart

Mad Catz Interactive Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.03 0.00 0.00

Mad Catz Interactive Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.00 0.00 0.00 0.00 0.07

Mad Catz Interactive LT-Debt-to-Total-Asset Calculation

Mad Catz Interactive's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2016 is calculated as

LT Debt to Total Assets (A: Mar. 2016 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2016 )/Total Assets (A: Mar. 2016 )
=0.145/55.003
=0.00

Mad Catz Interactive's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (Q: Dec. 2016 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2016 )/Total Assets (Q: Dec. 2016 )
=2.925/41.788
=0.07

* 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 0.07 mean?
Mad Catz Interactive (MCZAF) has a LT-Debt-to-Total-Asset of 0.07 as of Dec. 2016. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Mad Catz Interactive and its competitors.
Is Mad Catz Interactive's LT-Debt-to-Total-Asset too high?
Mad Catz Interactive's current LT-Debt-to-Total-Asset is 0.07.
How does Mad Catz Interactive's LT-Debt-to-Total-Asset compare to ECRP?
Mad Catz Interactive's LT-Debt-to-Total-Asset of 0.07 can be compared against companies in the Hardware 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 Hardware company?
A good LT-Debt-to-Total-Asset depends on the Hardware 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 Mad Catz Interactive and its competitors. Mad Catz Interactive's current LT-Debt-to-Total-Asset is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mad Catz Interactive stock overvalued right now?
Mad Catz Interactive (MCZAF) has a current LT-Debt-to-Total-Asset of 0.07. The current LT-Debt-to-Total-Asset is 0.07. 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 Mad Catz Interactive (MCZAF), the current LT-Debt-to-Total-Asset is 0.07 as of Dec. 2016. 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.

Mad Catz Interactive Business Description

Address 181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Mad Catz Interactive Inc is a Canadian company which is engaged in designing, manufacturing, marketing and distributing interactive entertainment products marketed under Mad Catz (gaming), Tritton (audio), and Saitek (simulation) brands. The company's products include headsets, mice, keyboards, controllers, specialty controllers, and other accessories. It caters to gamers and simulation enthusiast across multiple platforms including in-home gaming consoles, handheld gaming consoles, PC (Personal Computers) and Mac computers, smartphones, tablets and other smart devices. The company distributes its products through various retailers around the globe. Mad Catz derives the majority of its revenue from Americas.