Manila Bulletin Publishing (PHS:MB) LT-Debt-to-Total-Asset : 0.12 (As of Sep. 2024)

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What is Manila Bulletin Publishing 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. Manila Bulletin Publishing's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.12.

Manila Bulletin Publishing's long-term debt to total assets ratio declined from Sep. 2023 (0.18) to Sep. 2024 (0.12). It may suggest that Manila Bulletin Publishing is progressively becoming less dependent on debt to grow their business.

Manila Bulletin Publishing LT-Debt-to-Total-Asset Historical Data

The historical data trend for Manila Bulletin Publishing'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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Manila Bulletin Publishing LT-Debt-to-Total-Asset Chart

Manila Bulletin Publishing Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.17

0.16

0.12

Manila Bulletin Publishing Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.12	0.12	0.12	0.12

Manila Bulletin Publishing LT-Debt-to-Total-Asset Calculation

Manila Bulletin Publishing's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1000	/	8252.036
	=	0.12

Manila Bulletin Publishing'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 )
	=	1000	/	8226.064
	=	0.12

Manila Bulletin Publishing (PHS:MB) 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.

Manila Bulletin Publishing LT-Debt-to-Total-Asset Related Terms

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Manila Bulletin Publishing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Manila Bulletin Publishing Corp (PHS:MB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Manila Bulletin Building, Muralla corner Recoletos Streets, Intramuros, P.O. Box 769, Manila, PHL, 0900

Website

https://www.mb.com.ph

Manila Bulletin Publishing Corp is a Philippines-based company. The company is in the business of providing newspapers and various magazines. The company publishes its newspaper seven days a week. Its magazine section provides an agriculture magazine, which tells articles regarding trends in farming, fishing, crop propagation, and livestock raising, cruising magazine, which tells about local tourism, animal scene magazine, which gives information regarding breeding information, addresses veterinary concerns, and advice on care, and sense and style magazine, which gives information of the fashion and beauty, food and dining, and shopping ideas. The company earns maximum revenue from advertising and circulation.

Manila Bulletin Publishing Headlines

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