Melon (XSGO:MELON) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2024)

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What is Melon 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. Melon's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.15.

Melon's long-term debt to total assets ratio increased from Dec. 2023 (0.11) to Dec. 2024 (0.15). It may suggest that Melon is progressively becoming more dependent on debt to grow their business.

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

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

Melon Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.25

0.19

0.24

0.11

0.15

Melon 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															0.11	0.18	0.19	0.16	0.15

Melon LT-Debt-to-Total-Asset Calculation

Melon'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 )
	=	56424.658	/	371722.365
	=	0.15

Melon'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 )
	=	56424.658	/	371722.365
	=	0.15

Melon (XSGO:MELON) 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.

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

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Melon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Melon SA (XSGO:MELON) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Isidora Goyenechea No. 2800, 13th Floor, Las Condes, Santiago, CHL

Website

https://www.melon.cl

Melon SA is a Chile-based building materials firm. It is engaged in manufacturing, marketing, and supplying cement, ready-mixed concrete, and aggregates to companies distributing construction materials, construction companies linked to the real estate, infrastructure, civil works and mining sectors, and concrete companies. Along with its subsidiaries, the company operates in the following segments; Cements and Aggregates. A majority of its revenue is generated from the Cements segment which includes the production, marketing, and distribution of different types of Portland and pozzolanic cement and ready-mixed concrete. The Aggregates segment represents the extraction, production, and distribution of aggregates and their products such as sand, gravel, and other products.

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