Munic (XPAR:ALMUN) LT-Debt-to-Total-Asset : 0.25 (As of Dec. 2023)

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What is Munic 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. Munic's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.25.

Munic's long-term debt to total assets ratio declined from Dec. 2022 (0.25) to Dec. 2023 (0.25). It may suggest that Munic is progressively becoming less dependent on debt to grow their business.

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

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

Munic Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.44

0.21

0.27

0.25

Munic Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.27	0.24	0.25	0.26	0.25

Munic LT-Debt-to-Total-Asset Calculation

Munic'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 )
	=	6.206	/	25.274
	=	0.25

Munic'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 )
	=	6.206	/	25.274
	=	0.25

Munic (XPAR:ALMUN) 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.

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

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Munic (XPAR:ALMUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Munic SA (XPAR:ALMUN) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

100 avenue de Stalingrad, Villejuif, Paris, FRA, 94800

Website

https://www.munic.io

Munic SA is a vehicle data collection, processing and monetization company in Europe and North America. The company designs intelligent solutions in vehicles which collect data using the Munic box directly connected to the heart of the vehicle's electronic network via a universal socket, process such data locally within the Munic box; transmit and analyze such data on a proprietary artificial intelligence platform Munic.io; and allow B-to-B third parties to integrate their commercial applications on Munic.io to monetize the data collected. Its products include Munic Max V4, Munic V6 and Munic V6+ and V7+.

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