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Ciments du Maroc (CAS:CMA) Liabilities-to-Assets : 0.30 (As of Dec. 2023)


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What is Ciments du Maroc 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. Ciments du Maroc's Total Liabilities for the quarter that ended in Dec. 2023 was MAD1,459 Mil. Ciments du Maroc's Total Assets for the quarter that ended in Dec. 2023 was MAD4,935 Mil. Therefore, Ciments du Maroc's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.30.


Ciments du Maroc Liabilities-to-Assets Historical Data

The historical data trend for Ciments du Maroc'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.

Ciments du Maroc Liabilities-to-Assets Chart

Ciments du Maroc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.26 0.29 0.30 0.30

Ciments du Maroc Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.29 0.49 0.30 0.43 0.30

Competitive Comparison of Ciments du Maroc's Liabilities-to-Assets

For the Building Materials subindustry, Ciments du Maroc'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.


Ciments du Maroc's Liabilities-to-Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ciments du Maroc's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Ciments du Maroc's Liabilities-to-Assets falls into.



Ciments du Maroc 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.

Ciments du Maroc's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1458.886/4934.708
=0.30

Ciments du Maroc'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
=1458.886/4934.708
=0.30

* 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.


Ciments du Maroc  (CAS:CMA) 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.


Ciments du Maroc Liabilities-to-Assets Related Terms

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Ciments du Maroc (CAS:CMA) Business Description

Traded in Other Exchanges
N/A
Address
621. Boulevard Panoramique, Casablanca, MAR, 20150
Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.