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. Mobile Mini's Total Liabilities for the quarter that ended in Mar. 2020 was $1,275.9 Mil. Mobile Mini's Total Assets for the quarter that ended in Mar. 2020 was $2,100.3 Mil.
Therefore, Mobile Mini's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2020 was 0.61.
Mobile Mini Liabilities-to-Assets Historical Data
The historical data trend for Mobile Mini'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.
Competitive Comparison of Mobile Mini's Liabilities-to-Assets
For the Rental & Leasing Services subindustry, Mobile Mini'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.
Mobile Mini's Liabilities-to-Assets Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Mobile Mini's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Mobile Mini's Liabilities-to-Assets falls into.
Mobile Mini 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.
Mobile Mini's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2019 is calculated as:
* 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.
Mobile Mini (NAS:MINI) 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.
Mobile Mini Liabilities-to-Assets Related Terms
Thank you for viewing the detailed overview of Mobile Mini's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Mobile Mini Inc manufactures, rents, and sells portable storage containers. It generates the vast majority of its revenue from the rental of storage containers. The company's products are organized into two primary categories. Portable storage containers are dropped off at a customers' location by Mobile Mini and used by businesses in the retail, manufacturing, and construction industries. Tank and Pump Solutions consists of liquid and solid containers, as well as pumps and filtration equipment used by companies in the chemicals manufacturing, refining, mining, and the oil and gas industries. The company organizes itself into three segments based on geography: North America, United Kingdom, and Tank and Pump Solutions. The majority of revenue comes from the North America segment.
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