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MMA (Mixed Martial Arts Group) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2024)


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What is Mixed Martial Arts 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. Mixed Martial Arts Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.03.

Mixed Martial Arts Group's long-term debt to total assets ratio declined from Jun. 2022 (1.44) to Jun. 2024 (0.03). It may suggest that Mixed Martial Arts Group is progressively becoming less dependent on debt to grow their business.

Mixed Martial Arts Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mixed Martial Arts 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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Mixed Martial Arts Group LT-Debt-to-Total-Asset Chart

Mixed Martial Arts Group Annual Data
Trend Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
1.44 0.06 0.03

Mixed Martial Arts Group Semi-Annual Data
Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset 1.44 0.06 0.03

Mixed Martial Arts Group LT-Debt-to-Total-Asset Calculation

Mixed Martial Arts Group'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 )
=0.087/3.532
=0.02

Mixed Martial Arts Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=0.087/3.532
=0.02

* 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.

Mixed Martial Arts Group  (AMEX:MMA) 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.

Mixed Martial Arts Group LT-Debt-to-Total-Asset Related Terms

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Mixed Martial Arts Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Mixed Martial Arts Group Ltd (AMEX:MMA) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HWH YYAI SPGC SRM BWMG SPQS KENS PRKA GDHG AVNI TSE:4661 HKSE:02020 TSE:7832 HKSE:09992 AS TSE:7309 HAS PLNT MAT LTH
Traded in Other Exchanges
N/A
Address
29-33, The Corso, Suite 1, Level 1, Manly, Sydney, NSW, AUS, 2095
Website
https://www.trainalta.com
Mixed Martial Arts Group Ltd formerly Alta Global Group Ltd is a technology company engaged in the provision and administration of mixed martial arts training programs, and gym programs. It provides subscription-based products and services, offering both B2B SaaS solutions and B2C products and programs, covering online engagement, online content, and immersive in-gym experiences. The company's business units are; Trainalta.com; Mixed Martial Arts.com; and Hype.Co, Mobile Marketing solution. Its Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community.