Milkiland Foods PCL (WAR:MLK) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2021)

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What is Milkiland Foods PCL 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. Milkiland Foods PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2021 was 0.02.

Milkiland Foods PCL's long-term debt to total assets ratio increased from Dec. 2019 (0.01) to Mar. 2021 (0.02). It may suggest that Milkiland Foods PCL is progressively becoming more dependent on debt to grow their business.

Milkiland Foods PCL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Milkiland Foods PCL'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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Milkiland Foods PCL LT-Debt-to-Total-Asset Chart

Milkiland Foods PCL Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

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0.02

0.09

0.07

0.02

0.01

Milkiland Foods PCL Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.02

Milkiland Foods PCL LT-Debt-to-Total-Asset Calculation

Milkiland Foods PCL's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	8.314	/	795.615
	=	0.01

Milkiland Foods PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

LT Debt to Total Assets (Q: Mar. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2021 )	/	Total Assets (Q: Mar. 2021 )
	=	14.018	/	574.252
	=	0.02

Milkiland Foods PCL (WAR:MLK) 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.

Milkiland Foods PCL LT-Debt-to-Total-Asset Related Terms

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Milkiland Foods PCL (WAR:MLK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Milkiland Foods PCL (WAR:MLK) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

9, Boryspilska Street, Office 303, Kyiv, UKR, 02090

Website

http://www.milkiland.nl

Milkiland Foods PCL is a Netherland-based company engaged in the production and distribution of dairy products. It is organized into three segments which include Whole Milk products, which involves the sale of milk and milk products; Cheese and Butter products, which comprises of hard, soft and processed cheese, as well as packaged butter; and Ingredients, which includes products such as skimmed milk powder, and full cream powder. Geographically, it operates in Russia, Ukraine, Poland, and the Netherlands. It generates the majority of its revenues from the Whole Milk products in Russia.

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