GURUFOCUS.COM » STOCK LIST » Technology » Software » MeridianLink Inc (NYSE:MLNK) » Definitions » LT-Debt-to-Total-Asset

MLNK (MeridianLink) LT-Debt-to-Total-Asset : 0.48 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is MeridianLink 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. MeridianLink's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.48.

MeridianLink's long-term debt to total assets ratio increased from Sep. 2023 (0.40) to Sep. 2024 (0.48). It may suggest that MeridianLink is progressively becoming more dependent on debt to grow their business.

MeridianLink LT-Debt-to-Total-Asset Historical Data

The historical data trend for MeridianLink'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.

* Premium members only.

MeridianLink LT-Debt-to-Total-Asset Chart

MeridianLink Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.61 0.54 0.42 0.40 0.42

MeridianLink Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.40 0.42 0.43 0.47 0.48

MeridianLink LT-Debt-to-Total-Asset Calculation

MeridianLink'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 )
=420.004/996.251
=0.42

MeridianLink's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=466.137/967.943
=0.48

* 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.

MeridianLink  (NYSE:MLNK) 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.

MeridianLink LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of MeridianLink's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

MeridianLink Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » MeridianLink Inc (NYSE:MLNK) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
RUM AVID AMPL SPNS KC UPBD SEMR YOU PRO NATL CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
3560 Hyland Avenue, Suite 200, Costa Mesa, CA, USA, 92626
Website
https://www.meridianlink.com
MeridianLink Inc is a cloud-based software solution for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies. It generates maximum revenue from Lending Software Solutions.
Executives
Timothy Nguyen director, officer: Chief Strategy Officer PROJECT ANGEL PARENT, LLC, 1600 SUNFLOWER AVENUE, SUITE #200, COSTA MESA CA 92626
Thoma Bravo Discover Fund, L.p. 10 percent owner 300 NORTH LASALLE STREET, SUITE 4350, CHICAGO IL 60654
Chris Maloof officer: President, Go To Market MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Sean W Blitchok officer: Chief Financial Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Edward H Mcdermott director 60 E. SIR FRANCIS DRAKE BLVD., SUITE 300, LARKSPUR CA 94939
Cowan Cody director MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Mark Sachleben director C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Duston Williams director C/O NUTANIX, INC., 1740 TECHNOLOGY DRIVE, SUITE 150, SAN JOSE CA 95110
Alan R. Arnold officer: Chief Operating Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Yael Zheng director 345 ENCINAL STREET, SANTA CRUZ CA 95060
Reema Poddar director 1600 SUNFLOWER AVENUE, #200, COSTA MESA CA 92626
Paul Andrew Zuber director C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES CA 90067
Chad H. Martin officer: Chief Financial Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Nicolaas Vlok director, officer: Chief Executive Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Thoma Bravo Discover Fund Ii, L.p. 10 percent owner 300 NORTH LASALLE STREET, SUITE 4350, CHICAGO IL 60654