MNKA (Manuka) LT-Debt-to-Total-Asset: 1.59 (As of Sep. 2023)


What is Manuka LT-Debt-to-Total-Asset?

Manuka MNKA LT-Debt-to-Total-Asset is 1.59 as of Sep. 2023.

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. Manuka's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 1.59.

Manuka's long-term debt to total assets ratio increased from . 20 (0.00) to Sep. 2023 (1.59). It may suggest that Manuka is progressively becoming more dependent on debt to grow their business.

Manuka  (OTCPK:MNKA) 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.

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

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

* Premium members only.

The historical data trend for Manuka'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.

Manuka LT-Debt-to-Total-Asset Chart

Manuka Annual Data
Trend
LT-Debt-to-Total-Asset

Manuka Quarterly Data
Jun22 Sep22 Jun23 Sep23
LT-Debt-to-Total-Asset 0.00 0.00 1.24 1.59

Manuka LT-Debt-to-Total-Asset Calculation

Manuka's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )=Long-Term Debt & Capital Lease Obligation (A: . 20 )/Total Assets (A: . 20 )
=/
=

Manuka's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=0.318/0.2
=1.59

* 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 1.59 mean?
Manuka (MNKA) has a LT-Debt-to-Total-Asset of 1.59 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Manuka and its competitors.
Is Manuka's LT-Debt-to-Total-Asset too high?
Manuka's current LT-Debt-to-Total-Asset is 1.59.
How does Manuka's LT-Debt-to-Total-Asset compare to PURE and SNBH?
Manuka's LT-Debt-to-Total-Asset of 1.59 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good LT-Debt-to-Total-Asset depends on the Consumer Packaged Goods 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 Manuka and its competitors. Manuka's current LT-Debt-to-Total-Asset is 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manuka stock overvalued right now?
Manuka (MNKA) has a current LT-Debt-to-Total-Asset of 1.59. The current LT-Debt-to-Total-Asset is 1.59. 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 Manuka (MNKA), the current LT-Debt-to-Total-Asset is 1.59 as of Sep. 2023. 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.

Manuka Business Description

Address 3 Eliezer Vardinon Street, Petach Tikva, ISR, 4959507
Manuka Inc is a beauty company that develops and distributes premium-quality skincare products, that are based on Manuka honey and bee venom. Its skincare products are manufactured in Israel by its vendor, Chic with Manuka honey ingredients. The company imports Manuka honey from its supplier in New Zealand, Waitemata Honey pursuant to the Supply Agreement. Currently, it operates only in Israel through the online platform. Its website and mobile applications currently offer six cosmetic skincare products: Face Serum with Manuka Honey and Bee Venom; Face Serum with enhanced Vitamin C; Day Cream; Night nourishing Cream; Eye Cream; and Face Cleanser Gel.