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Morimatsu International Holdings Co (FRA:1S5) Liabilities-to-Assets : 0.51 (As of Dec. 2023)


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What is Morimatsu International Holdings Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Morimatsu International Holdings Co's Total Liabilities for the quarter that ended in Dec. 2023 was €583.3 Mil. Morimatsu International Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was €1,147.1 Mil. Therefore, Morimatsu International Holdings Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.51.


Morimatsu International Holdings Co Liabilities-to-Assets Historical Data

The historical data trend for Morimatsu International Holdings Co's Liabilities-to-Assets 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.

Morimatsu International Holdings Co Liabilities-to-Assets Chart

Morimatsu International Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.78 0.67 0.65 0.65 0.51

Morimatsu International Holdings Co Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.65 0.65 0.65 0.56 0.51

Competitive Comparison of Morimatsu International Holdings Co's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, Morimatsu International Holdings Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Industrial Products Industry

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

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



Morimatsu International Holdings Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Morimatsu International Holdings Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=583.251/1147.127
=0.51

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

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=583.251/1147.127
=0.51

* 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.


Morimatsu International Holdings Co  (FRA:1S5) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Morimatsu International Holdings Co Liabilities-to-Assets Related Terms

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

Traded in Other Exchanges
Address
No. 29 Jinwen Road, Pudong New District, Zhuqiao Town, Shanghai, CHN, 201323
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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