Analysis of Solvency Ratios
Quarterly Data
Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Solvency Ratios (Summary)
Mosaic Co., solvency ratios (quarterly data)
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Mosaic Co. debt to equity ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Mosaic Co. debt to capital ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Mosaic Co. debt to assets ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Mosaic Co. financial leverage ratio decreased from Q4 2021 to Q1 2022 but then slightly increased from Q1 2022 to Q2 2022. |
Debt to Equity
Mosaic Co., debt to equity calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Short-term debt | 17,000) | 480,500) | 302,800) | 100) | 100) | 15,100) | 100) | 215,500) | 610,000) | 1,008,200) | 41,600) | 88,000) | 94,400) | 167,500) | 11,500) | 25,700) | 20,200) | 71,800) | 6,100) | 58,600) | 65,300) | 124,100) | |||||||
| Current maturities of long-term debt | 607,700) | 599,700) | 596,600) | 47,000) | 494,900) | 498,700) | 504,200) | 58,300) | 59,200) | 46,700) | 47,200) | 42,900) | 42,900) | 40,800) | 26,000) | 61,200) | 261,200) | 250,800) | 343,500) | 134,200) | 42,500) | 40,900) | |||||||
| Structured accounts payable arrangements | 777,700) | 850,100) | 743,700) | 734,300) | 830,700) | 797,500) | 640,000) | 626,500) | 410,300) | 502,000) | 740,600) | 692,000) | 429,100) | 466,900) | 572,800) | 504,100) | 384,500) | 426,700) | 386,200) | 370,400) | 223,700) | 202,300) | |||||||
| Long-term debt, less current maturities | 3,351,900) | 3,377,600) | 3,382,200) | 3,947,700) | 3,967,900) | 3,970,800) | 4,073,800) | 4,519,500) | 4,527,900) | 4,525,200) | 4,525,500) | 4,533,200) | 4,542,200) | 4,533,000) | 4,491,500) | 4,523,100) | 4,736,500) | 4,823,100) | 4,878,100) | 3,722,300) | 3,799,700) | 3,786,600) | |||||||
| Total debt | 4,754,300) | 5,307,900) | 5,025,300) | 4,729,100) | 5,293,600) | 5,282,100) | 5,218,100) | 5,419,800) | 5,607,400) | 6,082,100) | 5,354,900) | 5,356,100) | 5,108,600) | 5,208,200) | 5,101,800) | 5,114,100) | 5,402,400) | 5,572,400) | 5,613,900) | 4,285,500) | 4,131,200) | 4,153,900) | |||||||
| Total Mosaic stockholders’ equity | 11,751,300) | 11,638,400) | 10,604,100) | 10,420,400) | 10,338,000) | 9,624,200) | 9,581,400) | 8,532,800) | 8,493,000) | 8,386,200) | 9,185,500) | 10,100,400) | 10,473,000) | 10,601,200) | 10,397,300) | 10,441,600) | 10,196,400) | 10,455,000) | 9,617,500) | 10,114,200) | 9,756,100) | 9,621,800) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to equity1 | 0.40 | 0.46 | 0.47 | 0.45 | 0.51 | 0.55 | 0.54 | 0.64 | 0.66 | 0.73 | 0.58 | 0.53 | 0.49 | 0.49 | 0.49 | 0.49 | 0.53 | 0.53 | 0.58 | 0.42 | 0.42 | 0.43 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Equity, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | 0.40 | 0.38 | 0.32 | 0.38 | 0.34 | 0.34 | 0.34 | 0.39 | 0.38 | 0.38 | 0.28 | 0.27 | 0.28 | 0.28 | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
Debt to equity = Total debt ÷ Total Mosaic stockholders’ equity
= 4,754,300 ÷ 11,751,300 = 0.40
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Mosaic Co. debt to equity ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Debt to Capital
Mosaic Co., debt to capital calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Short-term debt | 17,000) | 480,500) | 302,800) | 100) | 100) | 15,100) | 100) | 215,500) | 610,000) | 1,008,200) | 41,600) | 88,000) | 94,400) | 167,500) | 11,500) | 25,700) | 20,200) | 71,800) | 6,100) | 58,600) | 65,300) | 124,100) | |||||||
| Current maturities of long-term debt | 607,700) | 599,700) | 596,600) | 47,000) | 494,900) | 498,700) | 504,200) | 58,300) | 59,200) | 46,700) | 47,200) | 42,900) | 42,900) | 40,800) | 26,000) | 61,200) | 261,200) | 250,800) | 343,500) | 134,200) | 42,500) | 40,900) | |||||||
| Structured accounts payable arrangements | 777,700) | 850,100) | 743,700) | 734,300) | 830,700) | 797,500) | 640,000) | 626,500) | 410,300) | 502,000) | 740,600) | 692,000) | 429,100) | 466,900) | 572,800) | 504,100) | 384,500) | 426,700) | 386,200) | 370,400) | 223,700) | 202,300) | |||||||
| Long-term debt, less current maturities | 3,351,900) | 3,377,600) | 3,382,200) | 3,947,700) | 3,967,900) | 3,970,800) | 4,073,800) | 4,519,500) | 4,527,900) | 4,525,200) | 4,525,500) | 4,533,200) | 4,542,200) | 4,533,000) | 4,491,500) | 4,523,100) | 4,736,500) | 4,823,100) | 4,878,100) | 3,722,300) | 3,799,700) | 3,786,600) | |||||||
| Total debt | 4,754,300) | 5,307,900) | 5,025,300) | 4,729,100) | 5,293,600) | 5,282,100) | 5,218,100) | 5,419,800) | 5,607,400) | 6,082,100) | 5,354,900) | 5,356,100) | 5,108,600) | 5,208,200) | 5,101,800) | 5,114,100) | 5,402,400) | 5,572,400) | 5,613,900) | 4,285,500) | 4,131,200) | 4,153,900) | |||||||
| Total Mosaic stockholders’ equity | 11,751,300) | 11,638,400) | 10,604,100) | 10,420,400) | 10,338,000) | 9,624,200) | 9,581,400) | 8,532,800) | 8,493,000) | 8,386,200) | 9,185,500) | 10,100,400) | 10,473,000) | 10,601,200) | 10,397,300) | 10,441,600) | 10,196,400) | 10,455,000) | 9,617,500) | 10,114,200) | 9,756,100) | 9,621,800) | |||||||
| Total capital | 16,505,600) | 16,946,300) | 15,629,400) | 15,149,500) | 15,631,600) | 14,906,300) | 14,799,500) | 13,952,600) | 14,100,400) | 14,468,300) | 14,540,400) | 15,456,500) | 15,581,600) | 15,809,400) | 15,499,100) | 15,555,700) | 15,598,800) | 16,027,400) | 15,231,400) | 14,399,700) | 13,887,300) | 13,775,700) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to capital1 | 0.29 | 0.31 | 0.32 | 0.31 | 0.34 | 0.35 | 0.35 | 0.39 | 0.40 | 0.42 | 0.37 | 0.35 | 0.33 | 0.33 | 0.33 | 0.33 | 0.35 | 0.35 | 0.37 | 0.30 | 0.30 | 0.30 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Capital, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | 0.29 | 0.28 | 0.24 | 0.27 | 0.25 | 0.25 | 0.25 | 0.28 | 0.28 | 0.27 | 0.22 | 0.21 | 0.22 | 0.22 | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
Debt to capital = Total debt ÷ Total capital
= 4,754,300 ÷ 16,505,600 = 0.29
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Mosaic Co. debt to capital ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Debt to Assets
Mosaic Co., debt to assets calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Short-term debt | 17,000) | 480,500) | 302,800) | 100) | 100) | 15,100) | 100) | 215,500) | 610,000) | 1,008,200) | 41,600) | 88,000) | 94,400) | 167,500) | 11,500) | 25,700) | 20,200) | 71,800) | 6,100) | 58,600) | 65,300) | 124,100) | |||||||
| Current maturities of long-term debt | 607,700) | 599,700) | 596,600) | 47,000) | 494,900) | 498,700) | 504,200) | 58,300) | 59,200) | 46,700) | 47,200) | 42,900) | 42,900) | 40,800) | 26,000) | 61,200) | 261,200) | 250,800) | 343,500) | 134,200) | 42,500) | 40,900) | |||||||
| Structured accounts payable arrangements | 777,700) | 850,100) | 743,700) | 734,300) | 830,700) | 797,500) | 640,000) | 626,500) | 410,300) | 502,000) | 740,600) | 692,000) | 429,100) | 466,900) | 572,800) | 504,100) | 384,500) | 426,700) | 386,200) | 370,400) | 223,700) | 202,300) | |||||||
| Long-term debt, less current maturities | 3,351,900) | 3,377,600) | 3,382,200) | 3,947,700) | 3,967,900) | 3,970,800) | 4,073,800) | 4,519,500) | 4,527,900) | 4,525,200) | 4,525,500) | 4,533,200) | 4,542,200) | 4,533,000) | 4,491,500) | 4,523,100) | 4,736,500) | 4,823,100) | 4,878,100) | 3,722,300) | 3,799,700) | 3,786,600) | |||||||
| Total debt | 4,754,300) | 5,307,900) | 5,025,300) | 4,729,100) | 5,293,600) | 5,282,100) | 5,218,100) | 5,419,800) | 5,607,400) | 6,082,100) | 5,354,900) | 5,356,100) | 5,108,600) | 5,208,200) | 5,101,800) | 5,114,100) | 5,402,400) | 5,572,400) | 5,613,900) | 4,285,500) | 4,131,200) | 4,153,900) | |||||||
| Total assets | 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) | 19,298,500) | 20,440,100) | 20,643,900) | 20,445,300) | 20,119,200) | 20,414,700) | 20,398,000) | 20,452,300) | 18,633,400) | 17,803,100) | 17,444,400) | 17,096,400) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to assets1 | 0.20 | 0.23 | 0.23 | 0.22 | 0.25 | 0.27 | 0.26 | 0.29 | 0.29 | 0.32 | 0.28 | 0.26 | 0.25 | 0.25 | 0.25 | 0.25 | 0.26 | 0.27 | 0.30 | 0.24 | 0.24 | 0.24 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Assets, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | 0.21 | 0.20 | 0.17 | 0.20 | 0.18 | 0.19 | 0.18 | 0.20 | 0.20 | 0.20 | 0.16 | 0.16 | 0.16 | 0.15 | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
Debt to assets = Total debt ÷ Total assets
= 4,754,300 ÷ 23,985,600 = 0.20
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Mosaic Co. debt to assets ratio improved from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Financial Leverage
Mosaic Co., financial leverage calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Total assets | 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) | 19,298,500) | 20,440,100) | 20,643,900) | 20,445,300) | 20,119,200) | 20,414,700) | 20,398,000) | 20,452,300) | 18,633,400) | 17,803,100) | 17,444,400) | 17,096,400) | |||||||
| Total Mosaic stockholders’ equity | 11,751,300) | 11,638,400) | 10,604,100) | 10,420,400) | 10,338,000) | 9,624,200) | 9,581,400) | 8,532,800) | 8,493,000) | 8,386,200) | 9,185,500) | 10,100,400) | 10,473,000) | 10,601,200) | 10,397,300) | 10,441,600) | 10,196,400) | 10,455,000) | 9,617,500) | 10,114,200) | 9,756,100) | 9,621,800) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Financial leverage1 | 2.04 | 2.01 | 2.08 | 2.02 | 2.08 | 2.07 | 2.07 | 2.21 | 2.24 | 2.26 | 2.10 | 2.02 | 1.97 | 1.93 | 1.94 | 1.96 | 2.00 | 1.96 | 1.94 | 1.76 | 1.79 | 1.78 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Financial Leverage, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | 1.96 | 1.93 | 1.85 | 1.90 | 1.84 | 1.84 | 1.86 | 1.89 | 1.89 | 1.88 | 1.76 | 1.72 | 1.72 | 1.79 | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Q2 2022 Calculation
Financial leverage = Total assets ÷ Total Mosaic stockholders’ equity
= 23,985,600 ÷ 11,751,300 = 2.04
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Mosaic Co. financial leverage ratio decreased from Q4 2021 to Q1 2022 but then slightly increased from Q1 2022 to Q2 2022. |