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Mattr (TSX:MATR) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2023)


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What is Mattr 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. Mattr's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.17.

Mattr's long-term debt to total assets ratio increased from Dec. 2022 (0.16) to Dec. 2023 (0.17). It may suggest that Mattr is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Mattr'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.

Mattr LT-Debt-to-Total-Asset Chart

Mattr Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.32 0.26 0.16 0.17

Mattr Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.14 0.13 0.13 0.17

Mattr LT-Debt-to-Total-Asset Calculation

Mattr's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=221.134/1278.299
=0.17

Mattr's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=221.134/1278.299
=0.17

* 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.

Mattr  (TSX:MATR) 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.

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

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Mattr (TSX:MATR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mattr Corp (TSX:MATR) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
MTTRF:USA Y6R:Germany Y6R:Germany
Address
25 Bethridge Road, Toronto, ON, CAN, M9W 1M7
Website
https://www.mattr.com
Mattr Corp is a global materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy, and electrification. The company operates through a network of fixed and mobile manufacturing facilities. Its three business segments are Composite Technologies, Connection Technologies, and Pipeline & Pipe Services enable responsible renewal and enhancement of critical infrastructure while lowering risk and environmental impact.
Executives
Kevin Nugent Director