MRC (MRC Global) LT-Debt-to-Total-Asset : 0.33 (As of Dec. 2024)

View and export this data going back to 2012. Start your Free Trial

What is MRC Global 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. MRC Global's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.33.

MRC Global's long-term debt to total assets ratio increased from Dec. 2023 (0.10) to Dec. 2024 (0.33). It may suggest that MRC Global is progressively becoming more dependent on debt to grow their business.

MRC Global LT-Debt-to-Total-Asset Historical Data

The historical data trend for MRC Global'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.

MRC Global LT-Debt-to-Total-Asset Chart

MRC Global Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.32

0.28

0.27

0.10

0.33

MRC Global 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															0.10	0.10	0.18	0.14	0.33

MRC Global LT-Debt-to-Total-Asset Calculation

MRC Global's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	537	/	1624
	=	0.33

MRC Global'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 )
	=	537	/	1624
	=	0.33

MRC Global (NYSE:MRC) 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.

MRC Global LT-Debt-to-Total-Asset Related Terms

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

MRC Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MRC Global Inc (NYSE:MRC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

37M:Germany

Address

1301 McKinney Street, Suite 2300, Houston, TX, USA, 77010

Website

https://www.mrcglobal.com

MRC Global Inc distributes pipes, valves, fittings, and other infrastructure products and services to diversified gas utility, energy, and industrial end-markets. It provides supply chain solutions, technical product service and a digital platform for customers globally. It offers a range of PVF, oilfield supply, valve automation and modification, measurement, instrumentation, and other general and specialty products. Its geographical segments include the United States and International. It generates the majority of its revenue from the United States.

Executives

Daniel J Churay	officer: EVP-Corp Affrs, GC & Corp Sec.	MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
Leonard M Anthony	director	MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
Robert J. Saltiel	director, officer: President and CEO	4 GREENWAY PLAZA, HOUSTON TX 77046
Grant R Bates	officer: SVP-Operational Excellence/CIO	FULBRIGHT TOWER, 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010
Deborah G Adams	director	FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
John P Mccarthy	officer: SVP-Supply Chain	1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Rance C Long	officer: SVP-Business Development	1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Kelly Youngblood	officer: Executive Vice President	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Shweta Kurvey-mishra	officer: See Remarks	1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Anne Mcentee	director	1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Malcolm O'neal	officer: SVP - Human Resources	1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010
Emily K. Shields	officer: See Remarks	1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010
Stephen B. Smith	officer: See Remarks	1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010
George John Damiris	director	100 CRESCENT COURT, SUITE 1600, DALLAS TX 75201
Ronald L Jadin	director	100 GRAINGER PARKWAY, LAKE FOREST IL 60045