Mitsubishi Motors (TSE:7211) Debt-to-Asset : 0.19 (As of Dec. 2023)

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What is Mitsubishi Motors Debt-to-Asset?

Mitsubishi Motors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円352,101 Mil. Mitsubishi Motors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円97,951 Mil. Mitsubishi Motors's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was 円2,343,604 Mil. Mitsubishi Motors's debt to asset for the quarter that ended in Dec. 2023 was 0.19.

Mitsubishi Motors Debt-to-Asset Historical Data

The historical data trend for Mitsubishi Motors'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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Mitsubishi Motors Debt-to-Asset Chart

Mitsubishi Motors Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Asset

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0.12

0.15

0.26

0.25

0.20

Mitsubishi Motors Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.20	0.20	0.20	0.19	0.19

Competitive Comparison of Mitsubishi Motors's Debt-to-Asset

For the Auto Manufacturers subindustry, Mitsubishi Motors'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.

Mitsubishi Motors's Debt-to-Asset Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Mitsubishi Motors's Debt-to-Asset falls into.

Mitsubishi Motors Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Mitsubishi Motors's Debt-to-Asset for the fiscal year that ended in Mar. 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
	=	(155447	+	272833)	/	2201524
	=	0.19

Mitsubishi Motors'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
	=	(352101	+	97951)	/	2343604
	=	0.19

Mitsubishi Motors (TSE:7211) 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.

Mitsubishi Motors Debt-to-Asset Related Terms

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Mitsubishi Motors (TSE:7211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mitsubishi Motors Corp (TSE:7211) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

MMTOF:USA MMO:Germany

Address

5-33-8, Shiba, Minato - ku, Tokyo, JPN, 108-8410

Website

http://www.mitsubishi-motors.co.jp

Mitsubishi Motors is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: automobile business and automobile financing business. The company derives the vast majority of company revenue from the automotive business. Geographically, the company is separated into five regions: Japan, North America, Europe, Asia (excluding Japan), and other. With more than half of its products manufactures in Japan where it also generates the majority of its consolidated revenue, followed by Asia, and North America.

Mitsubishi Motors (TSE:7211) Headlines

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