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3M Co (NYSE:MMM) Debt-to-Asset

: 0.36 (As of Sep. 2022)
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3M Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $2,097 Mil. 3M Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $14,419 Mil. 3M Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2022 was $46,176 Mil. 3M Co's debt to asset for the quarter that ended in Sep. 2022 was 0.36.


3M Co (NYSE:MMM) Debt-to-Asset Historical Data

The historical data trend for 3M 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.

* Premium members only.

3M Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.40 0.48 0.42 0.39

3M Co Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.39 0.38 0.38 0.36

3M Co (NYSE:MMM) Debt-to-Asset Competitive Comparison

For the Conglomerates subindustry, 3M 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.

   

3M Co (NYSE:MMM) Debt-to-Asset Distribution

For the Conglomerates industry and Industrials sector, 3M Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where 3M Co's Debt-to-Asset falls into.



3M Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

3M Co's Debt-to-Asset for the fiscal year that ended in Dec. 2021 is calculated as

3M Co's Debt-to-Asset for the quarter that ended in Sep. 2022 is calculated as

* 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.


3M Co  (NYSE:MMM) 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.


3M Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of 3M Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


3M Co (NYSE:MMM) Business Description

3M Co logo
Address
3M Center, St. Paul, MN, USA, 55144
3M is a multinational conglomerate that has operated since 1902 when it was known as Minnesota Mining and Manufacturing. The company is well-known for its research and development laboratory, and the firm leverages its science and technology across multiple product categories. As of 2020, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. Nearly 50% of the company's revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of the firm's net sales. Many of the company's 60,000-plus products touch and concern a variety of consumers and end markets.
Executives
Kereere Suzan director 255 FISERV DRIVE BROOKFIELD WI 53045
Rhodes Kevin H officer: EVP & Chief Legal Officer 3M COMPANY 3M CENTER, BLDG 220-09-E-02 ST. PAUL MN 55144-1000
Gibbons Peter D officer: Group President 2401 UTAH AVENUE SOUTH SUITE 800 SEATTLE WA 98134
Chavez Rodriguez Beatriz Karina officer: Senior Vice President 3M COMPANY 3M CENTER BLDG 220-09-E-02 ST. PAUL MN 55144-1000
Murphy Mark W. officer: Executive Vice President ONE ST. JUDE MEDICAL DRIVE ST. PAUL MN 55117
Dickson Zoe L officer: Executive Vice President 3M COMPANY 3M CENTER, BLDG 220 09 E-02 ST. PAUL MN 55144-1000
Fitterling James R director 2211 H.H. DOW WAY MIDLAND MI 48674
Lavers Jeffrey R officer: Executive Vice President 3M COMPANY 3M CENTER, BLDG 220 09 E-02 ST. PAUL MN 55144-1000
Lakkundi Veena M officer: Senior Vice President 3M COMPANY 3M CENTER, BLDG 220 09 E-02 ST. PAUL MN 55144-1000
Patolawala Monish D officer: Senior VP and CFO 3M COMPANY 3M CENTER, BLDG 220 09 E-02 ST. PAUL MN 55144-1000
Piper Vinita Lee other: IVM001 712 WILCREST SUITE 3020 HOUSTON TX 77042
Craig Pamela director C/O ACCENTURE 161 N CLARK STREET CHICAGO IL 60601
Silberhorn Ty R officer: Senior Vice President 3M COMPANY OFFICE OF GENERAL COUNSEL 3M CENTER ST PAUL MN 55144-1000
Reinseth Theresa E officer: Vice President/CAO 3M COMPANY OFFICE OF GENERAL COUNSEL 3M CENTER ST PAUL MN 55144-1000
Rutherford Denise R officer: Senior Vice President 3M COMPANY OFFICE OF GENERAL COUNSEL 3M CENTER ST PAUL MN 55144-1000

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