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MLSTF (Mills Estruturas e Servicos de Engenharia) Liabilities-to-Assets : 0.59 (As of Jun. 2024)


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What is Mills Estruturas e Servicos de Engenharia 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. Mills Estruturas e Servicos de Engenharia's Total Liabilities for the quarter that ended in Jun. 2024 was $385.52 Mil. Mills Estruturas e Servicos de Engenharia's Total Assets for the quarter that ended in Jun. 2024 was $657.93 Mil. Therefore, Mills Estruturas e Servicos de Engenharia's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.59.


Mills Estruturas e Servicos de Engenharia Liabilities-to-Assets Historical Data

The historical data trend for Mills Estruturas e Servicos de Engenharia'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.

Mills Estruturas e Servicos de Engenharia Liabilities-to-Assets Chart

Mills Estruturas e Servicos de Engenharia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.26 0.25 0.52 0.47

Mills Estruturas e Servicos de Engenharia Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.50 0.49 0.47 0.51 0.59

Competitive Comparison of Mills Estruturas e Servicos de Engenharia's Liabilities-to-Assets

For the Rental & Leasing Services subindustry, Mills Estruturas e Servicos de Engenharia'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.


Mills Estruturas e Servicos de Engenharia's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mills Estruturas e Servicos de Engenharia's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Mills Estruturas e Servicos de Engenharia's Liabilities-to-Assets falls into.



Mills Estruturas e Servicos de Engenharia 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.

Mills Estruturas e Servicos de Engenharia'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
=260.987/559.289
=0.47

Mills Estruturas e Servicos de Engenharia's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=385.517/657.927
=0.59

* 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.


Mills Estruturas e Servicos de Engenharia  (GREY:MLSTF) 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.


Mills Estruturas e Servicos de Engenharia Liabilities-to-Assets Related Terms

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Mills Estruturas e Servicos de Engenharia Business Description

Traded in Other Exchanges
Address
Estrada do Guerengue, 1381, Taquara, Rio de Janeiro, RJ, BRA, 22713-002
Mills Locacao Servicos e Logistica SA operates in the infrastructure, construction, and manufacturing industries. Its activity includes Rental and sale, including imports and exports, of steel and aluminum tubular structures, shoring and access equipment for construction works, as well as reusable concrete formworks. Sale, rental, and distribution of aerial work platforms and telescopic handlers. It has a Construction business unit and Rental business unit segments, and the majority of the revenue derives from the Rental business segment.

Mills Estruturas e Servicos de Engenharia Headlines

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