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

Mitsubishi Motors (TSE:7211) Liabilities-to-Assets : 0.60 (As of Dec. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Mitsubishi Motors 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 Motors's Total Liabilities for the quarter that ended in Dec. 2023 was 円1,396,178 Mil. Mitsubishi Motors's Total Assets for the quarter that ended in Dec. 2023 was 円2,343,604 Mil. Therefore, Mitsubishi Motors's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.60.


Mitsubishi Motors Liabilities-to-Assets Historical Data

The historical data trend for Mitsubishi Motors'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 Motors Liabilities-to-Assets Chart

Mitsubishi Motors Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.59 0.72 0.67 0.62

Mitsubishi Motors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.62 0.62 0.60 0.60 0.60

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

For the Auto Manufacturers subindustry, Mitsubishi Motors'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 Motors's Liabilities-to-Assets Distribution in the Vehicles & Parts Industry

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

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



Mitsubishi Motors 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 Motors's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=1371148/2201524
=0.62

Mitsubishi Motors'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
=1396178/2343604
=0.60

* 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 Motors  (TSE:7211) 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 Motors Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Mitsubishi Motors's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Mitsubishi Motors (TSE:7211) Business Description

Traded in Other Exchanges
Address
5-33-8, Shiba, Minato - ku, Tokyo, JPN, 108-8410
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

No Headlines