Mineral Midrange (WAR:MND) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is Mineral Midrange 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. Mineral Midrange's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

Mineral Midrange's long-term debt to total assets ratio declined from Dec. 2023 (0.08) to Dec. 2024 (0.02). It may suggest that Mineral Midrange is progressively becoming less dependent on debt to grow their business.

Mineral Midrange LT-Debt-to-Total-Asset Historical Data

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

Mineral Midrange Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.07

0.05

0.10

0.08

0.02

Mineral Midrange 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															0.08	-	-	-	0.02

Mineral Midrange LT-Debt-to-Total-Asset Calculation

Mineral Midrange'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 )
	=	0.271	/	11.823
	=	0.02

Mineral Midrange'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 )
	=	0.271	/	11.823
	=	0.02

Mineral Midrange (WAR:MND) 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.

Mineral Midrange LT-Debt-to-Total-Asset Related Terms

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Mineral Midrange Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mineral Midrange SA (WAR:MND) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

ul. Krakowiakow 50, Warszawa, POL, 02-255

Website

http://www.mineralmidrange.com

Mineral Midrange SA is an Information Technology (IT) software consultancy company. It is specializing in Business Intelligence (BI) and Consulting and Custom Programming. The company operates in the European market and provides information technology services to corporate clients in the field of Business Intelligence, Enterprise Planning, Finance Consolidation.

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