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MMSMY (Mitsui Mining and Smelting Co) Liabilities-to-Assets : 0.50 (As of Sep. 2024)


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What is Mitsui Mining and Smelting 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. Mitsui Mining and Smelting Co's Total Liabilities for the quarter that ended in Sep. 2024 was $2,242 Mil. Mitsui Mining and Smelting Co's Total Assets for the quarter that ended in Sep. 2024 was $4,473 Mil. Therefore, Mitsui Mining and Smelting Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.50.


Mitsui Mining and Smelting Co Liabilities-to-Assets Historical Data

The historical data trend for Mitsui Mining and Smelting 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.

Mitsui Mining and Smelting Co Liabilities-to-Assets Chart

Mitsui Mining and Smelting Co 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 0.68 0.65 0.61 0.59 0.55

Mitsui Mining and Smelting Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.57 0.57 0.55 - 0.50

Competitive Comparison of Mitsui Mining and Smelting Co's Liabilities-to-Assets

For the Conglomerates subindustry, Mitsui Mining and Smelting 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.


Mitsui Mining and Smelting Co's Liabilities-to-Assets Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitsui Mining and Smelting Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Mitsui Mining and Smelting Co's Liabilities-to-Assets falls into.



Mitsui Mining and Smelting 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.

Mitsui Mining and Smelting Co'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
=2366.962/4276.044
=0.55

Mitsui Mining and Smelting Co'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
=2241.854/4473.187
=0.50

* 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.


Mitsui Mining and Smelting Co  (OTCPK:MMSMY) 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.


Mitsui Mining and Smelting Co Liabilities-to-Assets Related Terms

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Mitsui Mining and Smelting Co Business Description

Traded in Other Exchanges
Address
1-11-1 Osaki, Gate City Ohsaki, West Tower, 19th Floor, Shingagawa-ku, Tokyo, JPN, 141-8584
Mitsui Mining and Smelting Co Ltd (Mitsui Kinzoku) is a Japanese company which primarily supplies and produces metals for manufacturers of both automobiles and telecommunications devices. The company is split across four segments: Engineered Materials, within which Mitsui Kinzoku supplies catalytic converters, battery materials, and copper foil used in microelectronics; Metals, which involves mining, smelting, and recycling copper and zinc; Automotive Parts and Components, which principally manufactures door-related automotive parts; and Affiliates Coordination, which includes perlite, die-casting, and engineering projects. Whilst Mitsui Kinzoku derives the majority of revenue domestically, the company operates in several overseas markets, notably the United States and mainland Asia.

Mitsui Mining and Smelting Co Headlines

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