Manila Water Co (PHS:MWC) LT-Debt-to-Total-Asset : 0.41 (As of Mar. 2024)

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What is Manila Water Co 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. Manila Water Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.41.

Manila Water Co's long-term debt to total assets ratio increased from Mar. 2023 (0.36) to Mar. 2024 (0.41). It may suggest that Manila Water Co is progressively becoming more dependent on debt to grow their business.

Manila Water Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Manila Water Co'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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Manila Water Co LT-Debt-to-Total-Asset Chart

Manila Water Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.34

0.44

0.40

0.41

0.39

Manila Water Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.36	0.35	0.36	0.39	0.41

Manila Water Co LT-Debt-to-Total-Asset Calculation

Manila Water Co'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 )
	=	82491.298	/	209687.402
	=	0.39

Manila Water Co'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 )
	=	87603.288	/	211738.771
	=	0.41

Manila Water Co (PHS:MWC) 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.

Manila Water Co LT-Debt-to-Total-Asset Related Terms

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Manila Water Co (PHS:MWC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Manila Water Co Inc (PHS:MWC) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

MWTCY:USA MWTCF:USA

Address

489 Katipunan Road, 2nd Floor, MWSS Administration Building, Balara, Quezon, PHL, 1105

Website

https://www.manilawater.com

Manila Water Co Inc is a water and wastewater management company. Its operations can be divided among Metro Manila East Zone and Manila Water Philippine Ventures, which operate across municipalities in the Philippines, and Manila Water Asia Pacific, which operates in Vietnam, Myanmar, and Indonesia. The segments of the company consist of Manila Concession and Head Office, Domestic Subsidiaries, and Foreign Subsidiaries. The Manila Concession and Head Office generate maximum revenue for the company.

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