Making Science Group (XMAD:MAKS) LT-Debt-to-Total-Asset : 0.23 (As of Jun. 2023)

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What is Making Science Group 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. Making Science Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.23.

Making Science Group's long-term debt to total assets ratio declined from Jun. 2022 (0.24) to Jun. 2023 (0.23). It may suggest that Making Science Group is progressively becoming less dependent on debt to grow their business.

Making Science Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Making Science Group'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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Making Science Group LT-Debt-to-Total-Asset Chart

Making Science Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.09

0.21

0.25

0.19

Making Science Group Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.20	0.25	0.24	0.19	0.23

Making Science Group LT-Debt-to-Total-Asset Calculation

Making Science Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	25.702	/	133.465
	=	0.19

Making Science Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	29.562	/	127.326
	=	0.23

Making Science Group (XMAD:MAKS) 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.

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Making Science Group (XMAD:MAKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Making Science Group SA (XMAD:MAKS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ALMKS:France

Address

Calle López de Hoyos 135, 3rd floor, Madrid, ESP, 28002

Website

https://www.makingscience.com

Making Science Group SA is engaged in the business of technology and marketing solutions for the digital business. The company provides solutions in areas of digital marketing, data analytics, e-commerce, and cloud. The company carries out its professional activity in 10 countries: United States, Spain, Portugal, Ireland, Georgia, Italy, France, United Kingdom, Mexico, Colombia. The Company obtains its income mainly from advertising and public relations services.

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