MWA (Mueller Water Products) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2024)

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What is Mueller Water Products 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. Mueller Water Products's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.29.

Mueller Water Products's long-term debt to total assets ratio declined from Dec. 2023 (0.31) to Dec. 2024 (0.29). It may suggest that Mueller Water Products is progressively becoming less dependent on debt to grow their business.

Mueller Water Products LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mueller Water Products'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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Mueller Water Products LT-Debt-to-Total-Asset Chart

Mueller Water Products Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.34

0.31

0.29

Mueller Water Products 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															0.31	0.31	0.30	0.29	0.29

Mueller Water Products LT-Debt-to-Total-Asset Calculation

Mueller Water Products's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	471.2	/	1635.9
	=	0.29

Mueller Water Products'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 )
	=	470.7	/	1619.2
	=	0.29

Mueller Water Products (NYSE:MWA) 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.

Mueller Water Products LT-Debt-to-Total-Asset Related Terms

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Mueller Water Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mueller Water Products Inc (NYSE:MWA) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

1200 Abernathy Road N.E., Suite 1200, Atlanta, GA, USA, 30328

Website

https://www.muellerwaterproducts.com

Mueller Water Products Inc is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment, which derives maximum revenue for the company, includes products like iron gate valves, specialty valves, and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. Geographically, the company derives a majority of its revenue from the United States and the rest from Canada and other international locations.

Executives

Lydia W Thomas	director	ALLMERICA FINANCIAL CORP, 440 LINCOLN ST, WORCESTER MA 01653
Shirley C. Franklin	director	C/O MUELLER WATER PRODUCTS, INC., 1200 ABERNATHY RD., SUITE 1200, ATLANTA GA 30328
Steven S Heinrichs	officer: EVP, General Counsel and Sec	1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Brian Slobodow	director	1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Christine Ortiz	director	1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Suzanne G Smith	officer: VP and CAO	1275 PEACHTREE STREET, 6TH FLOOR, ATLANTA GA 30309
Todd P Helms	officer: SVP and CHRO	1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Thomas J Hansen	director	3600 W. LAKE AVENUE, GLENVIEW IL 60026-1215
J Scott Hall	director, officer: President and CEO	1200 ABERNATHY ROAD NE, SUITE 1200, ATLANTA GA 30328
Kenji Takeuchi	officer: SVP, Engineering	1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328
Van Arsdell Stephen C	director	ONE PIERCE PLACE, SUITE 1500, ITASCA IL 60143
Paul Mcandrew	officer: SVP, Operations & Supply Chain	1200 ABERNATHY ROAD, NE, SUITE 1200, ATLANTA GA 30328
Mark J Obrien	director	3000 BAYPORT DRIVE, SUITE 1100, TAMPA FL 33607
Michael T Tokarz	director	287 BOWMAN AVENUE, SUITE 331, PURCHASE NY 10577
Chason A Carroll	officer: VP, General Counsel & Corp Sec	1200 ABERNATHY RD., NE, SUITE 1200, ATLANTA GA 30328