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Mitsubishi Materials (FRA:MUJ) Liabilities-to-Assets : 0.70 (As of Sep. 2024)


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What is Mitsubishi Materials 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. Mitsubishi Materials's Total Liabilities for the quarter that ended in Sep. 2024 was €9,913 Mil. Mitsubishi Materials's Total Assets for the quarter that ended in Sep. 2024 was €14,161 Mil. Therefore, Mitsubishi Materials's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.70.


Mitsubishi Materials Liabilities-to-Assets Historical Data

The historical data trend for Mitsubishi Materials'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.

Mitsubishi Materials Liabilities-to-Assets Chart

Mitsubishi Materials Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.70 0.69 0.67 0.68

Mitsubishi Materials Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Liabilities-to-Assets Get a 7-Day Free Trial 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 0.67 0.68 - 0.70 0.71

Competitive Comparison of Mitsubishi Materials's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Mitsubishi Materials'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.


Mitsubishi Materials's Liabilities-to-Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mitsubishi Materials's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Mitsubishi Materials's Liabilities-to-Assets falls into.


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Mitsubishi Materials 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.

Mitsubishi Materials's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=9100.655/13310.882
=0.68

Mitsubishi Materials's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=9913.099/14161.464
=0.70

* 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.


Mitsubishi Materials  (FRA:MUJ) 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.


Mitsubishi Materials Liabilities-to-Assets Related Terms

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Mitsubishi Materials Business Description

Traded in Other Exchanges
Address
3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8117
Mitsubishi Materials Corp has operations across thirty countries and multiple divisions, including cement, metals, advanced materials and tools, electronic materials and components, and aluminum. The metals division, which accounts for roughly half of group revenue, is engaged in copper mine development, smelting, and processing, along with the production and sales of precious metals. The cement business is the group's second- largest division, engaged in the production and sale of Portland cement, ready-mixed concrete, and other cement-related products. The aluminum division manufactures aluminum beverage cans, rolled aluminum products, and processed products.

Mitsubishi Materials Headlines

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