Metro (TSX:MRU) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2024)

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What is Metro 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. Metro's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.29.

Metro's long-term debt to total assets ratio increased from Dec. 2023 (0.28) to Dec. 2024 (0.29). It may suggest that Metro is progressively becoming more dependent on debt to grow their business.

Metro LT-Debt-to-Total-Asset Historical Data

The historical data trend for Metro'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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Metro LT-Debt-to-Total-Asset Chart

Metro Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.33

0.29

0.26

Metro 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															0.28	0.28	0.27	0.26	0.29

Metro LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	3729.7	/	14140.6
	=	0.26

Metro'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 )
	=	4134.5	/	14474.7
	=	0.29

Metro (TSX:MRU) 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.

Metro LT-Debt-to-Total-Asset Related Terms

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Metro Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metro Inc (TSX:MRU) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

MTRAF:USA

Address

11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6

Website

https://www.metro.ca

Metro is the third-largest grocery retailer in Canada (behind Loblaws and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaws and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in Quebec and Ontario, with no presence in western Canada.

Executives

Jean-michel Coutu	Senior Officer
Dan Gabbard	Senior Officer
Alain Tadros	Senior Officer
Richard Pruneau	Senior Officer
Lyne Jetté	Senior Officer
Paolo Bravi	Senior Officer
Simon Rivet	Senior Officer
Frédéric Legault	Senior Officer
Geneviève Bich	Senior Officer
Eric Richer La FlÈche	Director, Senior Officer
Carmine Fortino	Senior Officer
François Thibault	Senior Officer
Marc Giroux	Senior Officer
Brian Mcmanus	Director
Karin Jonsson	Senior Officer

Metro Headlines

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