Mitsubishi Paper Mills (FRA:MPX) Debt-to-Equity : 0.94 (As of Mar. 2024)

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What is Mitsubishi Paper Mills Debt-to-Equity?

Mitsubishi Paper Mills's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €383 Mil. Mitsubishi Paper Mills's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €139 Mil. Mitsubishi Paper Mills's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €558 Mil. Mitsubishi Paper Mills's debt to equity for the quarter that ended in Mar. 2024 was 0.94.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Mitsubishi Paper Mills's Debt-to-Equity or its related term are showing as below:

FRA:MPX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94 Med: 1.65 Max: 2.85
Current: 0.94

During the past 13 years, the highest Debt-to-Equity Ratio of Mitsubishi Paper Mills was 2.85. The lowest was 0.94. And the median was 1.65.

FRA:MPX's Debt-to-Equity is ranked worse than
75.38% of 264 companies
in the Forest Products industry
Industry Median: 0.46 vs FRA:MPX: 0.94

Mitsubishi Paper Mills Debt-to-Equity Historical Data

The historical data trend for Mitsubishi Paper Mills's Debt-to-Equity 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.

* Premium members only.

Mitsubishi Paper Mills Debt-to-Equity Chart

Mitsubishi Paper Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.70

1.58

1.34

1.39

0.94

Mitsubishi Paper Mills Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															1.41	1.31	1.30	0.94	N/A

Competitive Comparison of Mitsubishi Paper Mills's Debt-to-Equity

For the Paper & Paper Products subindustry, Mitsubishi Paper Mills's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Mitsubishi Paper Mills's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mitsubishi Paper Mills's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mitsubishi Paper Mills's Debt-to-Equity falls into.

Mitsubishi Paper Mills Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mitsubishi Paper Mills's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(383.392	+	138.959)	/	558.379
	=	0.94

Mitsubishi Paper Mills's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(383.392	+	138.959)	/	558.379
	=	0.94

Mitsubishi Paper Mills (FRA:MPX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Mitsubishi Paper Mills Debt-to-Equity Related Terms

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Mitsubishi Paper Mills Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Mitsubishi Paper Mills Ltd (FRA:MPX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

3864:Japan

Address

2-10-14 Ryogoku, Sumida-ku, Tokyo, JPN, 130-0026

Website

http://www.mpm.co.jp

Mitsubishi Paper Mills Ltd is a paper and paper manufacturing company. The company manufactures printing paper, printing plate materials and printing systems supporting offset and other printing. Its segments consist of Paper and Pulp, Imaging Media, Speciality Materials and Warehouse and Transportation. The company generates maximum revenue from the Paper and Pulp segment. Its offers graphic arts material; photographic materials; inkjet media; thermo memory; battery separator; air filter and others. Geographically, it derives a majority of revenue from Japan and also has a presence in Europe; Asia; North America and Other Countries.