Martinrea International (TSX:MRE) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2024)

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What is Martinrea 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. Martinrea International's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.30.

Martinrea International's long-term debt to total assets ratio increased from Dec. 2023 (0.29) to Dec. 2024 (0.30). It may suggest that Martinrea International is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Martinrea 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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Martinrea International LT-Debt-to-Total-Asset Chart

Martinrea International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.30

0.33

0.31

0.29

0.30

Martinrea International Quarterly Data
	Mar20	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															0.29	0.30	0.30	0.29	0.30

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

Martinrea International'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 )
	=	1160.145	/	3820.794
	=	0.30

Martinrea International'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 )
	=	1160.145	/	3820.794
	=	0.30

Martinrea International (TSX:MRE) 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.

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

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Martinrea International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Martinrea International Inc (TSX:MRE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MRETF:USA 03M:Germany 03M:Germany

Address

3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2

Website

https://www.martinrea.com

Martinrea International Inc is a diversified and world-wide automotive supplier engaged in the design, development and manufacturing of engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used in the automotive sector by the majority of vehicle manufacturers. The Company's offerings include products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The company also provides metal forming and welding solutions. The company operates in Canada, USA, Europe, and Other Countries.

Executives

Peter Cirulis	Senior Officer
Edward Waitzer	Director
Ganesh Koduvayur Venkatasubramanian Kesavan Iyer	Senior Officer
Robert Peter Edward Wildeboer	Director, Senior Officer
Alfredo Alonso	Senior Officer
Alfred Di Tosto	Senior Officer
Hany Morsy	Senior Officer
Frank Patrick D'eramo	Director
Armando Pagliari	Senior Officer
Michael Allen Leal	Senior Officer
Bruce Norman Johnson	Senior Officer
Lawrence Arthur Paine	Senior Officer
Megan Rae Hunter Lulgjuraj	Senior Officer
Kerri Lynn Pope	Senior Officer
Sandra Pupatello	Director

Martinrea International Headlines

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