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M J Maillis (ATH:MAIK) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2014)


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What is M J Maillis 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. M J Maillis's long-term debt to total assests ratio for the quarter that ended in Dec. 2014 was 0.34.

M J Maillis's long-term debt to total assets ratio increased from Dec. 2013 (0.00) to Dec. 2014 (0.34). It may suggest that M J Maillis is progressively becoming more dependent on debt to grow their business.


M J Maillis LT-Debt-to-Total-Asset Historical Data

The historical data trend for M J Maillis'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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M J Maillis LT-Debt-to-Total-Asset Chart

M J Maillis Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.69 - - 0.34

M J Maillis Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.29 0.34

M J Maillis LT-Debt-to-Total-Asset Calculation

M J Maillis's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (A: Dec. 2014 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2014 )/Total Assets (A: Dec. 2014 )
=86.884/258.812
=0.34

M J Maillis's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (Q: Dec. 2014 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2014 )/Total Assets (Q: Dec. 2014 )
=86.884/258.812
=0.34

* 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.


M J Maillis  (ATH:MAIK) 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.


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M J Maillis (ATH:MAIK) Business Description

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M J Maillis SA was founded in 1968. The Company is engaged in the manufacture and distribution of end-of-line industrial solutions. It manufactures and distributes complete secondary packaging systems, machines & packaging materials in Strapping, Wrapping and Case Handling including also hand strapping tools. Its segments includes West Europe: Germany, Belgium, France, UK, Austria, Spain, Luxembourg; Central Europe: Poland, Hungary, Czech, Slovakia; Greece & East Europe: Greece, Romania, Bulgaria; North America; Italy includes also Combi Packaging Systems. Its products include Strapping Systems: Strapping tools, Strapping machines, Strapping consumables (steel, PP, PET), textile bands; Wrapping Systems: Stretch Wrapping machines, Stretch film; and Case Handling Systems: Case erectors, Case Packers, Case sealers, Single Block Hand Packing Stations, Tape Dispensers, Flexographic machines.

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