MRM (XPAR:MRM) LT-Debt-to-Total-Asset : 0.47 (As of Dec. 2023)

View and export this data going back to 1954. Start your Free Trial

What is MRM 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. MRM's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.47.

MRM's long-term debt to total assets ratio increased from Dec. 2022 (0.44) to Dec. 2023 (0.47). It may suggest that MRM is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for MRM'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.

* Premium members only.

MRM LT-Debt-to-Total-Asset Chart

MRM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.40

0.42

0.44

0.47

MRM Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.42	0.44	0.45	0.47

MRM LT-Debt-to-Total-Asset Calculation

MRM'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 )
	=	117.943	/	250.792
	=	0.47

MRM'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 )
	=	117.943	/	250.792
	=

MRM (XPAR:MRM) 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.

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

Thank you for viewing the detailed overview of MRM's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

MRM (XPAR:MRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MRM (XPAR:MRM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

8VV0:Germany

Address

65/67 avenue des Champs-Elysées, Paris, FRA, 75008

Website

http://www.mrminvest.com

MRM owns and manages a portfolio of primarily retail properties in various regions of France. It's portfolio of assets comprises office buildings, retail buildings and case studios located in France.