Mitsubishi UFJ Financial Group (BSP:M1UF34) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Mitsubishi UFJ Financial Group LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Mitsubishi UFJ Financial Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.10.

Mitsubishi UFJ Financial Group's long-term debt to total assets ratio declined from Sep. 2023 (0.11) to Sep. 2024 (0.10). It may suggest that Mitsubishi UFJ Financial Group is progressively becoming less dependent on debt to grow their business.

Mitsubishi UFJ Financial Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mitsubishi UFJ Financial Group's LT-Debt-to-Total-Asset 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 UFJ Financial Group LT-Debt-to-Total-Asset Chart

Mitsubishi UFJ Financial Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

Mitsubishi UFJ Financial Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.11	0.04	0.11	0.10

Mitsubishi UFJ Financial Group LT-Debt-to-Total-Asset Calculation

Mitsubishi UFJ Financial Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	582180.922	/	13418633.811
	=	0.04

Mitsubishi UFJ Financial Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	1564364.543	/	15458855.977
	=	0.10

Mitsubishi UFJ Financial Group (BSP:M1UF34) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Mitsubishi UFJ Financial Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Mitsubishi UFJ Financial Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Mitsubishi UFJ Financial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mitsubishi UFJ Financial Group Inc (BSP:M1UF34) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MBFJF:USA MUFG:USA 8306:Japan 8306:Japan MFZA:Germany MFZ:Germany MFZA:Germany MFZ:Germany MFZ:Bulgaria MTU:Argentina

Address

4-5, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8330

Website

https://www.mufg.jp

Mitsubishi UFJ Financial Group is the largest bank in Japan in terms of market capitalization and assets, with an 8.0% share of all domestic loans as of March 2024. It is the largest non-Chinese bank group globally and has a balance sheet slightly larger than those of JPMorgan Chase and HSBC Holdings. MUFG's operations in Japan account for around half of profit, banking in Thailand and Indonesia for around 15%, and equity-method earnings from Morgan Stanley most of the rest.

Mitsubishi UFJ Financial Group Headlines

No Headlines