The Mosaic Company (MOS)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 3,377,600 | 3,312,700 | 3,319,000 | 3,350,400 | 3,361,700 | 3,356,800 | 3,392,900 | 3,389,300 | 3,397,200 | 3,959,400 | 3,959,600 | 3,977,300 | 3,978,800 | 3,994,700 | 4,462,800 | 4,469,500 | 4,578,000 | 4,577,800 | 4,587,100 | 4,571,900 |
| Total assets | US$ in thousands | 22,924,000 | 23,291,700 | 22,566,500 | 22,873,000 | 23,032,800 | 22,654,400 | 23,140,200 | 22,857,500 | 23,386,000 | 23,437,600 | 23,985,600 | 23,423,100 | 22,036,400 | 21,081,500 | 21,473,500 | 19,902,100 | 19,789,800 | 18,851,600 | 19,020,600 | 18,975,500 |
| Debt-to-assets ratio | 0.15 | 0.14 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.17 | 0.17 | 0.17 | 0.18 | 0.19 | 0.21 | 0.22 | 0.23 | 0.24 | 0.24 | 0.24 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $3,377,600K ÷ $22,924,000K
= 0.15
The Debt-to-assets ratio of The Mosaic Company has been consistently decreasing over the years from 0.24 as of March 31, 2020, to 0.15 as of December 31, 2024. This downward trend indicates that the company is gradually relying less on debt to finance its assets, which can be a positive sign for investors and creditors. A lower debt-to-assets ratio generally suggests a lower risk of financial distress and indicates better financial health and stability for the company. It shows that The Mosaic Company has been effectively managing its debt levels in relation to its total assets, potentially improving its overall financial strength and sustainability.
Peer comparison
Dec 31, 2024