Madison Pacific Properties (TSX:MPC.C) LT-Debt-to-Total-Asset : 0.25 (As of Aug. 2024)

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What is Madison Pacific Properties 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. Madison Pacific Properties's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.25.

Madison Pacific Properties's long-term debt to total assets ratio declined from Aug. 2023 (0.30) to Aug. 2024 (0.25). It may suggest that Madison Pacific Properties is progressively becoming less dependent on debt to grow their business.

Madison Pacific Properties LT-Debt-to-Total-Asset Historical Data

The historical data trend for Madison Pacific Properties'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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Madison Pacific Properties LT-Debt-to-Total-Asset Chart

Madison Pacific Properties Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

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0.34

0.31

0.27

0.30

0.25

Madison Pacific Properties Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.33	0.24	0.25	0.25

Madison Pacific Properties LT-Debt-to-Total-Asset Calculation

Madison Pacific Properties's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	198.828	/	795.447
	=	0.25

Madison Pacific Properties's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	198.828	/	795.447
	=	0.25

Madison Pacific Properties (TSX:MPC.C) 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.

Madison Pacific Properties LT-Debt-to-Total-Asset Related Terms

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Madison Pacific Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Madison Pacific Properties Inc (TSX:MPC.C) » Definitions » LT-Debt-to-Total-Asset

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MPC:Canada

Address

389 West 6th Avenue, Vancouver, BC, CAN, V5Y 1L1

Website

https://www.madisonpacific.ca

Madison Pacific Properties Inc is a real estate company. It owns, develops, and operates industrial, commercial, multifamily, retail, and office rental properties located in Canada. It also has investments in joint ventures that construct residential properties. The company has one reportable segment that being the rental of industrial, commercial, multi-family, retail, and office real estate properties located in Canada. The company derives its revenue from rental operations and property management.

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