MotorK (XAMS:MTRK) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2023)

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

MotorK's long-term debt to total assets ratio increased from Dec. 2022 (0.11) to Dec. 2023 (0.14). It may suggest that MotorK is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for MotorK'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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MotorK LT-Debt-to-Total-Asset Chart

MotorK Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.49

0.57

0.07

0.11

0.14

MotorK Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.07	0.10	0.11	0.11	0.14

MotorK LT-Debt-to-Total-Asset Calculation

MotorK'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 )
	=	13.184	/	96.568
	=	0.14

MotorK'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 )
	=	13.184	/	96.568
	=	0.14

MotorK (XAMS:MTRK) 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.

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

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MotorK (XAMS:MTRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MotorK PLC (XAMS:MTRK) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

5FS:Germany

Address

One New Change, 5th Floor, London, GBR, EC4M 9AF

Website

https://www.motork.io

MotorK PLC is specialized in the development of SaaS solutions in digital sales and marketing for the automotive retail sector. The company offers platforms for maximizing traffic acquisition, managing inventory, managing sales operations, managing omni-channel prospects, launching promotional campaigns and others.

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