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Mapfre Middlesea (MAL:MMS) Liabilities-to-Assets : 0.93 (As of Dec. 2023)


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What is Mapfre Middlesea 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. Mapfre Middlesea's Total Liabilities for the quarter that ended in Dec. 2023 was €2,242.4 Mil. Mapfre Middlesea's Total Assets for the quarter that ended in Dec. 2023 was €2,413.3 Mil. Therefore, Mapfre Middlesea's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.93.


Mapfre Middlesea Liabilities-to-Assets Historical Data

The historical data trend for Mapfre Middlesea'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.

Mapfre Middlesea Liabilities-to-Assets Chart

Mapfre Middlesea 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 0.94 0.93 0.94 0.93 0.93

Mapfre Middlesea 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 0.94 0.91 0.93 0.93 0.93

Competitive Comparison of Mapfre Middlesea's Liabilities-to-Assets

For the Insurance - Diversified subindustry, Mapfre Middlesea'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.


Mapfre Middlesea's Liabilities-to-Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Mapfre Middlesea's Liabilities-to-Assets distribution charts can be found below:

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



Mapfre Middlesea 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.

Mapfre Middlesea'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
=2242.402/2413.265
=0.93

Mapfre Middlesea'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
=2242.402/2413.265
=0.93

* 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.


Mapfre Middlesea  (MAL:MMS) 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.


Mapfre Middlesea Liabilities-to-Assets Related Terms

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Mapfre Middlesea (MAL:MMS) Business Description

Traded in Other Exchanges
N/A
Address
Middle Sea House, Floriana, MLT, FRN1442
Mapfre Middlesea PLC is an insurance company. The company provides car and motor, home, travel, health, boat, and other insurance products. It provides services to individuals and businesses. The company's reportable segments are General Business and Long Term Business. The majority of the revenue is generated from the long term business. The group operates only in Malta.