Mayr-Melnhof Karton AG (WBO:MMK) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Mayr-Melnhof Karton AG 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. Mayr-Melnhof Karton AG's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Mayr-Melnhof Karton AG's long-term debt to total assets ratio stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Mayr-Melnhof Karton AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mayr-Melnhof Karton AG'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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Mayr-Melnhof Karton AG LT-Debt-to-Total-Asset Chart

Mayr-Melnhof Karton AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.09

0.34

0.35

Mayr-Melnhof Karton AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.35	-	0.35	-

Mayr-Melnhof Karton AG LT-Debt-to-Total-Asset Calculation

Mayr-Melnhof Karton AG'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 )
	=	1768.942	/	5076.888
	=	0.35

Mayr-Melnhof Karton AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	0	/	4948.303
	=	0.00

Mayr-Melnhof Karton AG (WBO:MMK) 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.

Mayr-Melnhof Karton AG LT-Debt-to-Total-Asset Related Terms

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Mayr-Melnhof Karton AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mayr-Melnhof Karton AG (WBO:MMK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0NZ7:UK MYM:Germany MYM:Germany MYM:Germany MYM:Germany

Address

Brahmsplatz 6, Vienna, AUT, A-1040

Website

https://www.mm.group

Mayr-Melnhof Karton AG manufactures and sells a variety of folding cartons for consumer goods packaging. The firm organizes itself into two segments based on the product type. The MM packaging segment, which generates the majority of revenue, sells packaging for consumer goods, which include cigarettes, pharmaceuticals, detergents, personal care products, and luxury products. The MM Board & Paper segment manufactures and markets numerous grades of cartonboard, focusing on coated cartonboard produced predominantly from recycled fibers as well as virgin fiber-based cartonboard. The vast majority of revenue comes from Europe.

Executives

Mmag. Peter Oswald	Board of Directors
Dr. Nikolaus Ankershofen	Supervisory Board
Univ.-prof. Dr. Klaus Rabel	Supervisory Board

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