SPMC (Sound Point Meridian Capital) LT-Debt-to-Total-Asset: 0.16 (As of Mar. 2026)

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SPMC Sound Point Meridian Capital Inc SPMC
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What is Sound Point Meridian Capital LT-Debt-to-Total-Asset?

Sound Point Meridian Capital SPMC +3.10% 11 LT-Debt-to-Total-Asset is 0.16 as of Mar. 2026. GuruFocus rates SPMC with a GF Score™ of 11/100.

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. Sound Point Meridian Capital's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.16.

Sound Point Meridian Capital's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Mar. 2026 (0.16). It may suggest that Sound Point Meridian Capital is progressively becoming more dependent on debt to grow their business.

Sound Point Meridian Capital  (NYSE:SPMC) 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.

Sound Point Meridian Capital LT-Debt-to-Total-Asset Related Terms

Sound Point Meridian Capital LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Sound Point Meridian Capital'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.

Sound Point Meridian Capital LT-Debt-to-Total-Asset Chart

Sound Point Meridian Capital Annual Data
Trend Dec23 Mar26
LT-Debt-to-Total-Asset
0.00 0.16

Sound Point Meridian Capital Semi-Annual Data
Dec23 Sep25 Mar26
LT-Debt-to-Total-Asset 0.00 0.13 0.16
SPMC
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Sound Point Meridian Capital Inc SPMC
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Sound Point Meridian Capital LT-Debt-to-Total-Asset Calculation

Sound Point Meridian Capital'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 )
=60/374.527
=0.16

Sound Point Meridian Capital'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 )
=60/374.527
=0.16

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.16 mean?
Sound Point Meridian Capital (SPMC) has a LT-Debt-to-Total-Asset of 0.16 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 Sound Point Meridian Capital and its competitors.
Is Sound Point Meridian Capital's LT-Debt-to-Total-Asset too high?
Sound Point Meridian Capital's current LT-Debt-to-Total-Asset is 0.16. Overall, Sound Point Meridian Capital has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Sound Point Meridian Capital's LT-Debt-to-Total-Asset compare to DMB and ETX?
Sound Point Meridian Capital's LT-Debt-to-Total-Asset of 0.16 can be compared against companies in the Asset Management 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 an Asset Management company?
A good LT-Debt-to-Total-Asset depends on the Asset Management 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 Sound Point Meridian Capital and its competitors. Sound Point Meridian Capital's current LT-Debt-to-Total-Asset is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sound Point Meridian Capital stock overvalued right now?
Sound Point Meridian Capital (SPMC) has a current LT-Debt-to-Total-Asset of 0.16. The current LT-Debt-to-Total-Asset is 0.16. Sound Point Meridian Capital's overall GF Score™ is 11/100. 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 Sound Point Meridian Capital (SPMC), the current LT-Debt-to-Total-Asset is 0.16 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.

Sound Point Meridian Capital Business Description

Address 375 Park Avenue, 34th Floor, New York, NY, USA, 10152
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
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