MSGNF (Manng International) LT-Debt-to-Total-Asset : 0.69 (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Manng International 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. Manng International's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.69.

Manng International's long-term debt to total assets ratio declined from Sep. 2023 (1.05) to Sep. 2024 (0.69). It may suggest that Manng International is progressively becoming less dependent on debt to grow their business.

Manng International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Manng International'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.

Manng International LT-Debt-to-Total-Asset Chart

Manng International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.80

0.83

0.97

0.66

Manng International Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.47	0.97	1.05	0.66	0.69

Manng International LT-Debt-to-Total-Asset Calculation

Manng International'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 )
	=	189.157	/	288.4
	=	0.66

Manng International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	197.645	/	285.544
	=	0.69

Manng International (OTCPK:MSGNF) 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.

Manng International LT-Debt-to-Total-Asset Related Terms

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

Manng International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Man Sang International Ltd (OTCPK:MSGNF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

00938:Hong Kong

Address

87 Wing Lok Street, Unit A&B, 14th Floor, Teda Building, Sheung Wan, Hong Kong, HKG

Website

https://www.msil.com.hk

Man Sang International Ltd is an investment holding company. The company's operating segment includes Chongqing property, Property management services, Renovation and decoration, and Hotel operations in Japan. The company generates maximum revenue from the Chongqing property segment, which includes property development, sales, and leasing of properties. Geographically, it derives maximum revenue from Mainland China and also operates in Japan.