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Media Investment Optimization (XMAD:MIO) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2023)


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What is Media Investment Optimization 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. Media Investment Optimization's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.14.

Media Investment Optimization's long-term debt to total assets ratio declined from Dec. 2022 (0.24) to Dec. 2023 (0.14). It may suggest that Media Investment Optimization is progressively becoming less dependent on debt to grow their business.


Media Investment Optimization LT-Debt-to-Total-Asset Historical Data

The historical data trend for Media Investment Optimization'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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Media Investment Optimization LT-Debt-to-Total-Asset Chart

Media Investment Optimization Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.21 0.15 0.24 0.14

Media Investment Optimization Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.15 - 0.24 0.22 0.14

Media Investment Optimization LT-Debt-to-Total-Asset Calculation

Media Investment Optimization'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 )
=5.078/35.165
=0.14

Media Investment Optimization'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 )
=5.078/35.165
=0.14

* 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.


Media Investment Optimization  (XMAD:MIO) 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.


Media Investment Optimization LT-Debt-to-Total-Asset Related Terms

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Media Investment Optimization (XMAD:MIO) Business Description

Traded in Other Exchanges
N/A
Address
Paseo Castellana 95 Pl 24, Torre Europa Building, Madrid, ESP, 28046
Media Investment Optimization SA is a consultancy company in the integration of marketing services and digital transformation, oriented to provide an impact on the income statement of its clients, through the use of technology. It is made up of different companies specialized in the fields of marketing and advertising: creativity, media buying, data analytics, social media, web development, marketing automation and technology.

Media Investment Optimization (XMAD:MIO) Headlines

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