Marriott Vacations Worldwide (MEX:VAC) LT-Debt-to-Total-Asset : 0.54 (As of Mar. 2024)

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What is Marriott Vacations Worldwide 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. Marriott Vacations Worldwide's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.54.

Marriott Vacations Worldwide's long-term debt to total assets ratio increased from Mar. 2023 (0.53) to Mar. 2024 (0.54). It may suggest that Marriott Vacations Worldwide is progressively becoming more dependent on debt to grow their business.

Marriott Vacations Worldwide LT-Debt-to-Total-Asset Historical Data

The historical data trend for Marriott Vacations Worldwide'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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Marriott Vacations Worldwide LT-Debt-to-Total-Asset Chart

Marriott Vacations Worldwide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.44

0.48

0.47

0.52

0.53

Marriott Vacations Worldwide 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															0.53	0.53	0.54	0.53	0.54

Marriott Vacations Worldwide LT-Debt-to-Total-Asset Calculation

Marriott Vacations Worldwide'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 )
	=	87332.506	/	164310.721
	=	0.53

Marriott Vacations Worldwide'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 )
	=	87777.593	/	163755.248
	=	0.54

Marriott Vacations Worldwide (MEX:VAC) 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.

Marriott Vacations Worldwide LT-Debt-to-Total-Asset Related Terms

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Marriott Vacations Worldwide (MEX:VAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Marriott Vacations Worldwide Corp (MEX:VAC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VAC:USA M8V:Germany

Address

9002 San Marco Court, Orlando, FL, USA, 32819

Website

https://www.marriottvacationsworldwide.com

Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's major revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.