Mainfreight (NZSE:MFT) LT-Debt-to-Total-Asset: 0.27 (As of Mar. 2026)

What is Mainfreight LT-Debt-to-Total-Asset?

Mainfreight NZSE:MFT -1.27% 94 LT-Debt-to-Total-Asset is 0.27 as of Mar. 2026. GuruFocus rates NZSE:MFT with a GF Score™ of 94/100 and a GF Value™ of NZ$70.98 (Modestly Undervalued). The stock has 5 warning signs investors should review.

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. Mainfreight's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.27.

Mainfreight's long-term debt to total assets ratio declined from Mar. 2025 (0.28) to Mar. 2026 (0.27). It may suggest that Mainfreight is progressively becoming less dependent on debt to grow their business.

Mainfreight (NZSE:MFT) 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.

Mainfreight LT-Debt-to-Total-Asset Related Terms

Mainfreight LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Mainfreight'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.

Mainfreight LT-Debt-to-Total-Asset Chart

Mainfreight Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

LT-Debt-to-Total-Asset

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0.28

0.32

0.36

0.28

0.27

Mainfreight Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.36	0.29	0.28	0.29	0.27

94GF Score

Mainfreight Ltd NZSE:MFT

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

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Mainfreight LT-Debt-to-Total-Asset Calculation

Mainfreight's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (A: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2026 )	/	Total Assets (A: Mar. 2026 )
	=	1173.622	/	4400.537
	=	0.27

Mainfreight's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	1173.622	/	4400.537
	=	0.27

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.27 mean?

Mainfreight (NZSE:MFT) has a LT-Debt-to-Total-Asset of 0.27 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Mainfreight and its competitors.

Is Mainfreight's LT-Debt-to-Total-Asset too high?

Mainfreight's current LT-Debt-to-Total-Asset is 0.27. Overall, Mainfreight has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Mainfreight's LT-Debt-to-Total-Asset compare to UPS and FDX?

Mainfreight's LT-Debt-to-Total-Asset of 0.27 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Transportation company?

A good LT-Debt-to-Total-Asset depends on the Transportation industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Mainfreight and its competitors. Mainfreight's current LT-Debt-to-Total-Asset is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Mainfreight stock overvalued right now?

Based on GuruFocus' analysis, Mainfreight (NZSE:MFT) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$70.98, compared to a current price of NZ$63.19 — trading 11% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.27. Mainfreight's overall GF Score™ is 94/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Mainfreight (NZSE:MFT), the current LT-Debt-to-Total-Asset is 0.27 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mainfreight (NZSE:MFT) Overvalued in 2026?

Based on GuruFocus' analysis, Mainfreight stock appears to be undervalued. The current stock price of NZ$63.19 is trading 11% below its estimated GF Value™ of NZ$70.98. GuruFocus considers Mainfreight to be Modestly Undervalued.

Key valuation signals for NZSE:MFT:

LT-Debt-to-Total-Asset: 0.27
GF Value™: NZ$70.98 vs. price of NZ$63.19 (11% below fair value)
GF Score™: 94/100 with 5 warning signs

No single metric tells the full story. See the NZSE:MFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mainfreight Business Description

Industry Industrials Transportation

Comparable Companies NZSE:FRW NZSE:MOV UPS FDX XTER:DHL OCSE:DSV XSWX:KNIN JBHT SZSE:002352 FDXF CHRW EXPD ZTO HKSE:01519 HKSE:02618 XAMS:INPST XKRX:086280 SHSE:600233 TSE:9147 LSTR

Other Exchanges MFGHF:USA

Address 2 Railway Lane, Otahuhu, Auckland, NTL, NZL, 1062

Website https://www.mainfreight.com

Mainfreight Ltd is in the supply chain logistics business. It provides the full spectrum of warehousing, Transport, and international air and ocean freight services. Geographically, it operates businesses in New Zealand, Australia, Europe, The Americas, Asia, and others.

94GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$63.19

Price

NZ$70.98

GF Value

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