MBGYY (Mercedes-Benz Group AG) Debt-to-Asset : 0.35 (As of Dec. 2024)

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What is Mercedes-Benz Group AG Debt-to-Asset?

Mercedes-Benz Group AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $31,884 Mil. Mercedes-Benz Group AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $65,542 Mil. Mercedes-Benz Group AG's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $277,497 Mil. Mercedes-Benz Group AG's debt to asset for the quarter that ended in Dec. 2024 was 0.35.

Mercedes-Benz Group AG Debt-to-Asset Historical Data

The historical data trend for Mercedes-Benz Group AG'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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Mercedes-Benz Group AG Debt-to-Asset Chart

Mercedes-Benz Group AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

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0.40

0.36

0.33

0.35

Mercedes-Benz Group AG Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial															0.33	0.33	0.34	0.35	0.35

Competitive Comparison of Mercedes-Benz Group AG's Debt-to-Asset

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Debt-to-Asset falls into.

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Mercedes-Benz Group AG Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Mercedes-Benz Group AG's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(31883.77	+	65542.408)	/	277497.382
	=	0.35

Mercedes-Benz Group AG's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(31883.77	+	65542.408)	/	277497.382
	=	0.35

Mercedes-Benz Group AG (OTCPK:MBGYY) 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.

Mercedes-Benz Group AG Debt-to-Asset Related Terms

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Mercedes-Benz Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mercedes-Benz Group AG (OTCPK:MBGYY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

MBGAF:USA DAI:Romania MBG:Poland MBG:Mexico 1MBG:Italy MERCEDESBENZ:Hungary MBGd:UK 0NXX:UK MBG:Germany MB:Canada BENZ:Canada MBG:Bulgaria MBG:Austria

Address

Mercedesstrasse 120, Stuttgart, BW, DEU, 70372

Website

https://group.mercedes-benz.com

Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 450,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2023, 16% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 54% were core (C and E Class), and 30% entry (A and B Class). In volume terms, Asia is Mercedes' largest market at 40% of 2023 vehicle sales followed by Europe at 38% and North America at 17%.