MPAA (Motorcar Parts of America) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)

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What is Motorcar Parts of America 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. Motorcar Parts of America's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

Motorcar Parts of America's long-term debt to total assets ratio declined from Dec. 2023 (0.11) to Dec. 2024 (0.10). It may suggest that Motorcar Parts of America is progressively becoming less dependent on debt to grow their business.

Motorcar Parts of America LT-Debt-to-Total-Asset Historical Data

The historical data trend for Motorcar Parts of America'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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Motorcar Parts of America LT-Debt-to-Total-Asset Chart

Motorcar Parts of America Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.11

0.10

0.09

0.12

0.10

Motorcar Parts of America Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.10	0.11	0.10	0.10

Motorcar Parts of America LT-Debt-to-Total-Asset Calculation

Motorcar Parts of America's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	103.016	/	1012.002
	=	0.10

Motorcar Parts of America's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	99.21	/	949.508
	=	0.10

Motorcar Parts of America (NAS:MPAA) 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.

Motorcar Parts of America LT-Debt-to-Total-Asset Related Terms

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Motorcar Parts of America Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Motorcar Parts of America Inc (NAS:MPAA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

54M:Germany

Address

2929 California Street, Torrance, CA, USA, 90503

Website

https://www.motorcarparts.com

Motorcar Parts of America Inc is a supplier of automotive aftermarket non-discretionary replacement parts and test solutions and diagnostic equipment. It operate in the non-discretionary automotive aftermarket for replacement hard parts in North America and includes products such as light-duty rotating electrical products, wheel hub products, brake-related products, and turbochargers. In addition, it sell test solutions and diagnostic equipment. The company operates in three segments Hard Parts, Test Solutions and Diagnostic Equipment and Heavy Duty. Key revenue is generated from Hard Parts, which includes (i) light duty rotating electric products such as alternators and starters, (ii) wheel hub products, (iii) brake-related products, including brake calipers, brake boosters, brake rotors.

Executives

Joseph Edwin Ferguson	director	5103 SOUTH GARTH AVENUE, LOS ANGELES CA 90056
David Bryan	director	605 STAPP ROAD, BOULDER CREEK CA 95006
Philip Gay	director	6300 CANOGA AVENUE, SUITE 1700, WOODLAND HILLS CA 91367
Bison Capital Partners Vi, L.p.	director	233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Bison Capital Partners Vi-a, L.p.	director	233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Douglas B Trussler	director	39 EAST UNION STREET, PASADENA CA 91103
Patricia W Warfield	director	2929 CALIFORNIA STREET, TORRANCE CA 90503
Rudolph J Borneo	director	50 O'FARRELL STREET, SAN FRANCISCO CA 94108
Richard K Mochulsky	officer: Vice President, Sales	2929 CALIFORNIA STREET, TORRANCE CA 90505
Joffe Selwyn	director, officer: President, CEO & Chairman
Kamlesh Shah	officer: Chief Accounting Officer	C/O MOTORCAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
David Sung Lee	officer: CFO	2929 CALIFORNIA STREET, TORRANCE CA 90503
Duane Franklin Miller	director	7811 FIELDSTONE RIDGE, CLARKSTON MI 48348
Jamy P. Rankin	director	C/O MOTOR CAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
Juliet Lynn Stone	officer: VP, Gen Counsel and Secretary	C/O MOTORCAR PARTS OF AMERICA, INC., 2020 CALIFORNIA STREET, TORRANCE CA 90503