The RMR Group (MEX:RMR) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is The RMR Group 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. The RMR Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

The RMR Group's long-term debt to total assets ratio increased from Mar. 2023 (0.05) to Mar. 2024 (0.05). It may suggest that The RMR Group is progressively becoming more dependent on debt to grow their business.

The RMR Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for The RMR Group'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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The RMR Group LT-Debt-to-Total-Asset Chart

The RMR Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.05

0.06

0.05

0.04

The RMR Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.04	0.04	0.05	0.05

The RMR Group LT-Debt-to-Total-Asset Calculation

The RMR Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	436.239	/	10145.184
	=	0.04

The RMR Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	483.1	/	9687.251
	=	0.05

The RMR Group (MEX:RMR) 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.

The RMR Group LT-Debt-to-Total-Asset Related Terms

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The RMR Group (MEX:RMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » The RMR Group Inc (MEX:RMR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RMR:USA 26R:Germany

Address

255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634

Website

https://www.rmrgroup.com

The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company that invests in real estate and manages real estate-related businesses. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company's operating segment is RMR LLC and All Other Operations. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.