Monitronics International (Monitronics International) LT-Debt-to-Total-Asset : 0.73 (As of Dec. 2020)

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What is Monitronics 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. Monitronics International's long-term debt to total assests ratio for the quarter that ended in Dec. 2020 was 0.73.

Monitronics International's long-term debt to total assets ratio increased from Dec. 2019 (0.70) to Dec. 2020 (0.73). It may suggest that Monitronics International is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Monitronics 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.

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

Monitronics International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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0.83

0.88

0.70

0.73

Monitronics International Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.70	0.77	0.74	0.74	0.73

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

Monitronics International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	986.299	/	1346.663
	=	0.73

Monitronics International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (Q: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2020 )	/	Total Assets (Q: Dec. 2020 )
	=	986.299	/	1346.663
	=	0.73

Monitronics International (OTCPK:SCTYQ) 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.

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

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Monitronics International (Monitronics International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Monitronics International Inc (OTCPK:SCTYQ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1990 Wittington Place, Farmers Branch, TX, USA, 75234

Website

https://www.brinkshome.com

Monitronics International Inc provides residential customers and commercial client accounts with monitored home and business security systems, as well as interactive and home automation services, in the United States, Canada and Puerto Rico. Its reportable segment is Brinks Home Security. The revenue source of the company includes alarm monitoring revenue; product, installation and service revenue; and other revenue, of which key revenue is derived from the alarm monitoring service.

Monitronics International (Monitronics International) Headlines

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