MZDAF (Mazda Motor) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2024)

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What is Mazda Motor 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. Mazda Motor's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.13.

Mazda Motor's long-term debt to total assets ratio increased from Sep. 2023 (0.12) to Sep. 2024 (0.13). It may suggest that Mazda Motor is progressively becoming more dependent on debt to grow their business.

Mazda Motor LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mazda Motor'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.

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Mazda Motor LT-Debt-to-Total-Asset Chart

Mazda Motor Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.16

0.25

0.21

0.13

0.11

Mazda Motor 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															0.12	0.11	0.11	0.10	0.13

Mazda Motor LT-Debt-to-Total-Asset Calculation

Mazda Motor'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 )
	=	2830.196	/	25309.06
	=	0.11

Mazda Motor'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 )
	=	3584.845	/	26983.841
	=	0.13

Mazda Motor (OTCPK:MZDAF) 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.

Mazda Motor LT-Debt-to-Total-Asset Related Terms

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Mazda Motor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mazda Motor Corp (OTCPK:MZDAF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MZDAY:USA 7261:Japan MZA:Germany MZA:Germany MZA:Germany

Address

3-1 Shinchi, Fuchu-cho, Aki-gun, Hiroshima, JPN, 730-8670

Website

http://www.mazda.com

Mazda Motor Corp is a Japanese automobile manufacturer. The company primarily manufactures passenger cars and commercial vehicles. Also, Mazda manufactures diesel and petroleum gasoline engines, along with manual and automatic transmissions for vehicles. The vast majority of Mazda's production is manufactured locally. The company segments itself across four geographic areas: Japan, North America, Europe, and other markets. The company derives more than half its consolidated revenue from operations in Japan, followed by North America, and then Europe.