GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Century Aluminum Co (NAS:CENX) » Definitions » Debt-to-Equity

Century Aluminum Co (Century Aluminum Co) Debt-to-Equity : 1.35 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Century Aluminum Co Debt-to-Equity?

Century Aluminum Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $48 Mil. Century Aluminum Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $431 Mil. Century Aluminum Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $356 Mil. Century Aluminum Co's debt to equity for the quarter that ended in Dec. 2023 was 1.35.

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 Century Aluminum Co's Debt-to-Equity or its related term are showing as below:

CENX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 0.41   Max: 1.35
Current: 1.35

During the past 13 years, the highest Debt-to-Equity Ratio of Century Aluminum Co was 1.35. The lowest was 0.23. And the median was 0.41.

CENX's Debt-to-Equity is ranked worse than
91.6% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs CENX: 1.35

Century Aluminum Co Debt-to-Equity Historical Data

The historical data trend for Century Aluminum Co'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.

Century Aluminum Co Debt-to-Equity Chart

Century Aluminum Co 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 0.48 0.62 1.13 1.32 1.35

Century Aluminum Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.32 1.49 1.54 1.54 1.35

Competitive Comparison of Century Aluminum Co's Debt-to-Equity

For the Aluminum subindustry, Century Aluminum Co'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.


Century Aluminum Co's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Century Aluminum Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Century Aluminum Co's Debt-to-Equity falls into.



Century Aluminum Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Century Aluminum Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Century Aluminum Co'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.


Century Aluminum Co  (NAS:CENX) 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.


Century Aluminum Co Debt-to-Equity Related Terms

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


Century Aluminum Co (Century Aluminum Co) Business Description

Traded in Other Exchanges
Address
One South Wacker Drive, Suite 1000, Chicago, IL, USA, 60606
Century Aluminum Co produces primary aluminum standard grade and value-added products. The firm operates smelter facilities in the United States and Iceland. The majority of revenue is generated from Glencore, which agreed to purchase nearly all of Century Aluminum's North American production. Century purchases nearly all of its alumina from Glencore. The company produces high purity aluminum, standard grade aluminum sow and tee bars, and value-added billet and foundry products. Century also owns a carbon anode production facility in the Netherlands.
Executives
Peter A Trpkovski officer: SVP, Finance and Treasurer CENTURY ALUMINUM COMPANY, 1 S. WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Jesse E Gary director, officer: President and CEO 2511 GARDEN ROAD, BUILDING A, SUITE 200, MONTEREY CA 93940
Robert F Hoffman officer: See Remarks 1 S. WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Tamla A Olivier director CENTURY ALUMINUM COMPANY, 1 S. WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Matt Aboud officer: SVP, Strategy & Business Dev't CENTURY ALUMINUM COMPANY, 1 S. WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Ocorian Ltd 10 percent owner 26 NEW STREET, ST HELIER Y9 JE2 3RA
Ryfold Ltd 10 percent owner 26 NEW STREET, ST HELIER Y9 JE2 3RA
Givolon Ltd 10 percent owner 26 NEW STREET, ST HELIER Y9 JE2 3RA
Ryfold Trust 10 percent owner ESPLANADE 13-14, ST HELIER Y9 JE1 1EE
Gerald C Bialek officer: Chief Financial Officer 701 LIMA AVENUE, FINDLAY OH 45840
Andrew G Michelmore director LEVEL 23/28 FRESHWATER PLACE, P.O. BOX 19421, SOUTHBANK VICTORIA C3 3006
Jarl Berntzen director CENTURY ALUMINUM COMPANY, 2511 GARDEN ROAD, BLDG A, SUITE 200, MONTEREY CA 93940
Errol Glasser director 505 PARK AVENUE, NEW YORK NY 10022
Jennifer Mary Bush director CENTURY ALUMINUM COMPANY, 1 S. WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
John Dezee officer: EVP and General Counsel 1 S WACKER DR, SUITE 1000, CHICAGO IL 60606