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Acme United (Acme United) Debt-to-Equity : 0.27 (As of Dec. 2023)


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What is Acme United Debt-to-Equity?

Acme United's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.5 Mil. Acme United's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $24.4 Mil. Acme United's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $97.9 Mil. Acme United's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Acme United's Debt-to-Equity or its related term are showing as below:

ACU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 0.71   Max: 0.95
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Acme United was 0.95. The lowest was 0.27. And the median was 0.71.

ACU's Debt-to-Equity is ranked better than
50.91% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs ACU: 0.40

Acme United Debt-to-Equity Historical Data

The historical data trend for Acme United's Debt-to-Equity 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.

Acme United Debt-to-Equity Chart

Acme United Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.77 0.62 0.81 0.27

Acme United Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity 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 0.67 0.64 0.54 0.27 0.40

Competitive Comparison of Acme United's Debt-to-Equity

For the Household & Personal Products subindustry, Acme United's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Acme United's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Acme United's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Acme United's Debt-to-Equity falls into.



Acme United Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acme United's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Acme United's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Acme United  (AMEX:ACU) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Acme United Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Acme United's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Acme United (Acme United) Business Description

Traded in Other Exchanges
Address
1 Waterview Drive, Shelton, CT, USA, 06484
Acme United Corp is a supplier of first aid and medical products and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. Its principal products sold across all segments are first aid kits and medical products, scissors, shears, knives, rulers, pencil sharpeners, and sharpening tools. The Company sells its products to mass market and e-commerce retailers, industrial distributors, wholesale, contract, and retail stationery distributors, office supply superstores, sporting goods stores, and hardware chains. The Company's reportable business segments consist of the United States, Canada, and Europe, out of which a majority of the company's revenue is derived from the United States.
Executives
Brian S Olschan director, officer: Pres, Chief Operations Officer C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Rex Lynn Davidson director 70 BATTERY PLACE #620, NEW YORK NY 10280
Paul G Driscoll officer: Vice President and CFO C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Brian Barker director 55 WALLS DRIVE, FAIRFIELD CT 06824
Walter C Johnsen director, officer: See Remarks C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Ward Stevenson E Iii director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Susan H Murphy director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Holden Richmond Y Jr director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
North Star Investment Management Corp. 10 percent owner 20 N. WACKER DRIVE, SUITE # 1416, CHICAGO IL 60606
Gary D Penisten director, officer: Chairman C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
R Scott Asen 10 percent owner 224 E 49TH ST, NEW YORK NY 10017
James A Benkovic officer: Vice President of Sales C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Stephen Jr Spinelli director THE COLONNADE RESIDENCES, 118 HUNTINGTON AVE, APT 1102, BOSTON MA 02116
Wayne R Moore director C/O ACME UNITED CORP, 1931 BLACK ROCK TURNPIKE, FAIRFIELD CT 06825
George R Dunbar director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824