Merkur Privatbank KGaA (XTER:MBK) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is Merkur Privatbank KGaA 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. Merkur Privatbank KGaA's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Merkur Privatbank KGaA's long-term debt to total assets ratio declined from Dec. 2022 (0.02) to Mar. 2024 (0.00). It may suggest that Merkur Privatbank KGaA is progressively becoming less dependent on debt to grow their business.

Merkur Privatbank KGaA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Merkur Privatbank KGaA'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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Merkur Privatbank KGaA LT-Debt-to-Total-Asset Chart

Merkur Privatbank KGaA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.01

0.02

Merkur Privatbank KGaA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	-	-	-	-

Merkur Privatbank KGaA LT-Debt-to-Total-Asset Calculation

Merkur Privatbank KGaA'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 )
	=	52.594	/	3228.184
	=	0.02

Merkur Privatbank KGaA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0	/	4019.16
	=	0.00

Merkur Privatbank KGaA (XTER:MBK) 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.

Merkur Privatbank KGaA LT-Debt-to-Total-Asset Related Terms

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Merkur Privatbank KGaA (XTER:MBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Merkur Privatbank KGaA (XTER:MBK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MBK:Germany MBK:Germany

Address

Bayerstrasse 33, Munich, DEU, 80335

Website

https://www.merkur-privatbank.de

Merkur Privatbank KGaA is a private bank based in Germany. It focuses on the sectors of private customers, corporate clients, leasing finance, asset management, and real estate development financing.

Executives

Dr. Marcus Lingel

Vorsitzender der Geschäftsleitung

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