MDA Space (TSX:MDA) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is MDA Space 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. MDA Space's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

MDA Space's long-term debt to total assets ratio declined from Dec. 2023 (0.24) to Dec. 2024 (0.05). It may suggest that MDA Space is progressively becoming less dependent on debt to grow their business.

MDA Space LT-Debt-to-Total-Asset Historical Data

The historical data trend for MDA Space'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.

* Premium members only.

MDA Space LT-Debt-to-Total-Asset Chart

MDA Space Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.38

0.10

0.14

0.24

0.05

MDA Space Quarterly Data
	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														0.24	0.25	0.21	0.15	0.05

MDA Space LT-Debt-to-Total-Asset Calculation

MDA Space's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	120.6	/	2597.5
	=	0.05

MDA Space'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 )
	=	120.6	/	2597.5
	=	0.05

MDA Space (TSX:MDA) 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.

MDA Space LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of MDA Space's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

MDA Space Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MDA Space Ltd (TSX:MDA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MDALF:USA

Address

7500 Financial Drive, Brampton, ON, CAN, L6Y 6K7

Website

https://www.mda.space

MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, and space exploration and infrastructure. Geographically, it generates the majority of its revenue from Canada.

Executives

John Carter Risley	Director
Michael Philip Greenley	Director, Senior Officer
Guillaume Lavoie	Senior Officer
Yung Cheng Wu	Director
Janet Marie Mceachern	Senior Officer
Karl W. Smith	Director
Brendan Paddick	Director
Louis Vachon	Director
Vito Culmone	Senior Officer
James Balsillie	Director
Edgepoint Investment Group Inc.	10% Security Holder
Richard Emile Joseph Florizone	Director
Antonio Pagano	Director

MDA Space Headlines

No Headlines