MHP Hotel AG (XTER:CDZ0) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2023)

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What is MHP Hotel 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. MHP Hotel AG's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.05.

MHP Hotel AG's long-term debt to total assets ratio increased from Dec. 2021 (0.00) to Dec. 2023 (0.05). It may suggest that MHP Hotel AG is progressively becoming more dependent on debt to grow their business.

MHP Hotel AG LT-Debt-to-Total-Asset Historical Data

The historical data trend for MHP Hotel 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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MHP Hotel AG LT-Debt-to-Total-Asset Chart

MHP Hotel AG Annual Data

Trend

Dec10

Dec11

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.05

MHP Hotel AG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									-	-	-	0.06	0.05

MHP Hotel AG LT-Debt-to-Total-Asset Calculation

MHP Hotel 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 )
	=	5	/	112.034
	=	0.04

MHP Hotel AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	5	/	112.034
	=	0.04

MHP Hotel AG (XTER:CDZ0) 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.

MHP Hotel AG LT-Debt-to-Total-Asset Related Terms

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MHP Hotel AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » MHP Hotel AG (XTER:CDZ0) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Bayerstrasse 41, Munich, DEU, 80335

Website

https://www.mhphotels.com

MHP Hotel AG is an independent German hotel investment and hotel management platform based in Munich.

Executives

Ralf Selke	Board of Directors
Daniel Beringer	Supervisory Board
Kai-udo Hübner	Supervisory Board

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