Metrovacesa (XMAD:MVC) LT-Debt-to-Total-Asset : 0.09 (As of Jun. 2024)

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What is Metrovacesa 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. Metrovacesa's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.09.

Metrovacesa's long-term debt to total assets ratio declined from Dec. 2022 (0.11) to Jun. 2024 (0.09). It may suggest that Metrovacesa is progressively becoming less dependent on debt to grow their business.

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

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

Metrovacesa Annual Data

Trend

Dec12

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.07

0.10

0.11

0.09

Metrovacesa Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.10	0.11	0.09	0.09

Metrovacesa LT-Debt-to-Total-Asset Calculation

Metrovacesa'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 )
	=	233.628	/	2532.68
	=	0.09

Metrovacesa's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	213.757	/	2508.884
	=

Metrovacesa (XMAD:MVC) 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.

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

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Metrovacesa Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Metrovacesa SA (XMAD:MVC) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

0HXI:UK

Address

C/ Puerto de Somport, 23, edificio A, Planta 1, Madrid, ESP, 28050

Website

https://www.metrovacesa.com

Metrovacesa SA is a real estate company. Its operations mainly focus on the development and sale of residential property on land classified as suitable for development. Its operating segments are Residential, Commercial, and Others. The company earns the majority of its revenue through the Residential segment. Geographically, it operates majorly in Spain.