Morimatsu International Holdings Co (FRA:1S5) Debt-to-Asset : 0.04 (As of Dec. 2023)

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What is Morimatsu International Holdings Co Debt-to-Asset?

Morimatsu International Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €24.4 Mil. Morimatsu International Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €25.0 Mil. Morimatsu International Holdings Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was €1,147.1 Mil. Morimatsu International Holdings Co's debt to asset for the quarter that ended in Dec. 2023 was 0.04.

Morimatsu International Holdings Co Debt-to-Asset Historical Data

The historical data trend for Morimatsu International Holdings Co's Debt-to-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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Morimatsu International Holdings Co Debt-to-Asset Chart

Morimatsu International Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.14

0.15

0.07

0.06

0.04

Morimatsu International Holdings Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial						0.07	0.07	0.06	0.05	0.04

Competitive Comparison of Morimatsu International Holdings Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Morimatsu International Holdings Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Morimatsu International Holdings Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morimatsu International Holdings Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Morimatsu International Holdings Co's Debt-to-Asset falls into.

Morimatsu International Holdings Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Morimatsu International Holdings Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(24.38	+	24.979)	/	1147.127
	=	0.04

Morimatsu International Holdings Co's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(24.38	+	24.979)	/	1147.127
	=	0.04

Morimatsu International Holdings Co (FRA:1S5) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Morimatsu International Holdings Co Debt-to-Asset Related Terms

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Morimatsu International Holdings Co (FRA:1S5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Morimatsu International Holdings Co Ltd (FRA:1S5) » Definitions » Debt-to-Asset

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Traded in Other Exchanges

02155:Hong Kong

Address

No. 29 Jinwen Road, Pudong New District, Zhuqiao Town, Shanghai, CHN, 201323

Website

http://www.morimatsu-online.com

Morimatsu International Holdings Co Ltd is a pressure equipment manufacturer and comprehensive pressure equipment solution provider in China. It offers traditional pressure equipment, modular pressure equipment, and pressure equipment-related value-added services. Geographically, the group has a presence in China, North America, Asia, Europe, Africa, and others, from which the majority of revenue derives from China.

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