Morgan Advanced Materials annual net debt
2020
2021
2022
2023
2024
2025
Morgan Advanced Materials Net Debt Growth & History (MGAM)
Morgan Advanced Materials's net debt was £281.4M for fiscal 2025.
View full Morgan Advanced Materials company overviewMorgan Advanced Materials annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | £281.4M | £8.1M | +2.96% |
| 2024 | 2024-12-31 | £273.3M | £41.0M | +17.65% |
| 2023 | 2023-12-31 | £232.3M | £31.9M | +15.92% |
| 2022 | 2022-12-31 | £200.4M | £103.9M | +107.67% |
| 2021 | 2021-12-31 | £96.5M | −£59.1M | −37.98% |
| 2020 | 2020-12-31 | £155.6M | — | — |
Morgan Advanced Materials quarterly net debt
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | £301.5M | £5.0M | +1.69% |
| Q4 2025 | 2025-12-31 | £281.0M | £8.1M | +2.97% |
| Q2 2025 | 2025-06-30 | £296.5M | — | — |
| Q4 2024 | 2024-12-31 | £272.9M | — | — |
Morgan Advanced Materials net debt trends
Over the last five fiscal years, Morgan Advanced Materials's net debt increased from £155.6M to £281.4M, a change of £125.8M. The latest reported quarter, Q2 2026, shows £301.5M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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