Gulf Mushroom Products CoOG (MUS:GMPI) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2024)

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What is Gulf Mushroom Products CoOG 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. Gulf Mushroom Products CoOG's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.17.

Gulf Mushroom Products CoOG's long-term debt to total assets ratio declined from Sep. 2023 (0.21) to Dec. 2024 (0.17). It may suggest that Gulf Mushroom Products CoOG is progressively becoming less dependent on debt to grow their business.

Gulf Mushroom Products CoOG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gulf Mushroom Products CoOG'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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Gulf Mushroom Products CoOG LT-Debt-to-Total-Asset Chart

Gulf Mushroom Products CoOG Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.36

0.43

0.20

0.17

Gulf Mushroom Products CoOG Quarterly Data
	Jun18	Sep18	Jun19	Sep19	Jun20	Sep20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.20	0.09	0.09	0.17

Gulf Mushroom Products CoOG LT-Debt-to-Total-Asset Calculation

Gulf Mushroom Products CoOG'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 )
	=	3.081	/	18.458
	=	0.17

Gulf Mushroom Products CoOG'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 )
	=	3.081	/	18.458
	=	0.17

Gulf Mushroom Products CoOG (MUS:GMPI) 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.

Gulf Mushroom Products CoOG LT-Debt-to-Total-Asset Related Terms

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Gulf Mushroom Products CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gulf Mushroom Products Co SAOG (MUS:GMPI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Post Box 383, Barka, OMN, 320

Website

http://www.gulfmushroom.com

Gulf Mushroom Products Co SAOG is engaged in the cultivation, processing, and marketing of mushrooms. The company's products are marketed under the name Gulf Fresh and include fresh white mushrooms, baby mushrooms, giant fresh mushrooms, brown mushrooms, and portabella mushroom. It markets through a network of distributors located in the Middle East markets, such as Dubai, Qatar, Bahrain, Kuwait and Saudi Arabia.

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