Morrison (Wm) Supermarkets (Morrison (Wm) Supermarkets) LT-Debt-to-Total-Asset : 0.28 (As of Jul. 2021)

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What is Morrison (Wm) Supermarkets 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. Morrison (Wm) Supermarkets's long-term debt to total assests ratio for the quarter that ended in Jul. 2021 was 0.28.

Morrison (Wm) Supermarkets's long-term debt to total assets ratio increased from Jul. 2020 (0.27) to Jul. 2021 (0.28). It may suggest that Morrison (Wm) Supermarkets is progressively becoming more dependent on debt to grow their business.

Morrison (Wm) Supermarkets LT-Debt-to-Total-Asset Historical Data

The historical data trend for Morrison (Wm) Supermarkets'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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Morrison (Wm) Supermarkets LT-Debt-to-Total-Asset Chart

Morrison (Wm) Supermarkets Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

LT-Debt-to-Total-Asset

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0.17

0.25

0.23

0.22

0.30

Morrison (Wm) Supermarkets Semi-Annual Data
	Jan12	Jul12	Jan13	Jul13	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.22	0.27	0.30	0.28

Morrison (Wm) Supermarkets LT-Debt-to-Total-Asset Calculation

Morrison (Wm) Supermarkets's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2021 is calculated as

LT Debt to Total Assets (A: Jan. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2021 )	/	Total Assets (A: Jan. 2021 )
	=	4481.583	/	15055.935
	=	0.30

Morrison (Wm) Supermarkets's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2021 is calculated as

LT Debt to Total Assets (Q: Jul. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2021 )	/	Total Assets (Q: Jul. 2021 )
	=	4381.215	/	15553.867
	=	0.28

Morrison (Wm) Supermarkets (OTCPK:MRWSF) 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.

Morrison (Wm) Supermarkets LT-Debt-to-Total-Asset Related Terms

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Morrison (Wm) Supermarkets (Morrison (Wm) Supermarkets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Morrison (Wm) Supermarkets PLC (OTCPK:MRWSF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gain Lane, Hilmore House, Bradford, West Yorkshire, GBR, BD3 7DL

Website

https://www.morrisons.com

Founded by William Morrison in 1899, Wm Morrison Supermarkets is the U.K.'s fourth- largest grocery chain, with a market share of around 10%. The 2004 takeover of rival Safeway transformed the firm in terms of scale and gave it a significant presence outside its base in Northern England. The company operates about 500 stores, entirely in the United Kingdom. Morrisons has an online presence via a partnership with Ocado and Amazon and has lately been trying to expand its wholesale channel with new agreements (McColl's).