Cementos Molins (XMAD:CMO) LT-Debt-to-Total-Asset : 0.10 (As of Jun. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Cementos Molins 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. Cementos Molins's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.10.

Cementos Molins's long-term debt to total assets ratio declined from Jun. 2022 (0.13) to Jun. 2023 (0.10). It may suggest that Cementos Molins is progressively becoming less dependent on debt to grow their business.

Cementos Molins LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cementos Molins'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.

Cementos Molins LT-Debt-to-Total-Asset Chart

Cementos Molins Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.16

0.14

0.10

0.15

0.14

Cementos Molins Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.15	0.13	0.14	0.10

Cementos Molins LT-Debt-to-Total-Asset Calculation

Cementos Molins's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	269.487	/	1984.346
	=	0.14

Cementos Molins's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	203.514	/	2076
	=	0.10

Cementos Molins (XMAD:CMO) 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.

Cementos Molins LT-Debt-to-Total-Asset Related Terms

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

Cementos Molins (XMAD:CMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Molins SA (XMAD:CMO) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Calle Espronceda 38, local 3, Madrid, ESP, 28003

Website

http://www.cemolins.es

Cementos Molins SA engages in the manufacturing and selling of gray cement and white cement used for various construction purposes in the civil engineering industry. The group's core business is to manufacture and market its products which include, cement, clinker, concrete, mortars, aggregates, and precast concrete. It caters to markets around the world which include Spain, Argentina, Uruguay, Mexico, Bangladesh, India, Tunisia, China, Bolivia, and Columbia. It generates the majority of its revenues from the sales of its products through in the foreign markets.