W R Grace (W R Grace) Debt-to-Equity : 6.73 (As of Jun. 2021)

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What is W R Grace Debt-to-Equity?

W R Grace's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $29 Mil. W R Grace's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $2,304 Mil. W R Grace's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $347 Mil. W R Grace's debt to equity for the quarter that ended in Jun. 2021 was 6.73.

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 W R Grace's Debt-to-Equity or its related term are showing as below:

GRA's Debt-to-Equity is not ranked ^*
in the Chemicals industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

W R Grace Debt-to-Equity Historical Data

The historical data trend for W R Grace'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.

W R Grace Debt-to-Equity Chart

W R Grace Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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4.30

6.02

5.99

5.10

8.76

W R Grace Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Debt-to-Equity	Get a 7-Day Free Trial															7.97	6.44	8.76	6.68	6.73

Competitive Comparison of W R Grace's Debt-to-Equity

For the Specialty Chemicals subindustry, W R Grace'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.

W R Grace's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, W R Grace's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where W R Grace's Debt-to-Equity falls into.

W R Grace Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

W R Grace's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(25.4	+	2000.9)	/	231.4
	=	8.76

W R Grace's Debt to Equity Ratio for the quarter that ended in Jun. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(29	+	2304.4)	/	346.6
	=	6.73

W R Grace (NYSE:GRA) 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.

W R Grace Debt-to-Equity Related Terms

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W R Grace (W R Grace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » W R Grace & Co (NYSE:GRA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7500 Grace Drive, Columbia, MD, USA, 21044-4098

Website

https://www.grace.com

W R Grace & Co, through its subsidiaries, makes and sells chemicals and silica-based materials used in refining, pharma, chemical manufacturing, coating, and various chemical process applications. The company has two reportable business segments: Grace catalysts technologies and Grace material technologies. Most of the company's revenue is generated by the Grace catalysts technologies segment from the sale of oil refining catalysts and catalysts used in petrochemical, refining, and other chemical manufacturing applications, and more than half of the revenue is earned in North America and Europe, Middle East, and Africa.

Executives

Mark E Tomkins	director	VULCAN MATERIALS CO, 1200 URBAN CENTER DR, BIRMINGHAM AL 35242
Diane H. Gulyas	director	C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 98104
Henry R Slack	director	10070 DANIELS INTERSTATE COURT SUITE 100, FT MYERS FL 33935
Christopher J Steffen	director	10188 TELESIS CT. SUITE 100 SAN DIEGO CA 92121
Julie Fasone Holder	director	200 SOUTH WILCOX DRIVE, KINGSPORT TN 37662-0431
Cummings Robert F Jr	director	C/O MOORE CORP, ONE CANTARBURG GREET, STAMFORD CT 006901
Shlomo Yanai	director	ONE MEADOWLANDS PLAZA, EAST RUTHERFORD NJ 07073
Elizabeth C Brown	officer: Sr. VP and CHRO	C/O W. R. GRACE & CO., 7500 GRACE DRIVE, COLUMBIA MD 21044
William C. Dockman	officer: Senior VP and CFO	C/O W. R. GRACE & CO. 7500 GRACE DRIVE COLUMBIA MD 21044
La Force Andrew Hudson Iii	director, officer: President and CEO	C/O W. R. GRACE & CO., 7500 GRACE DRIVE, COLUMBIA MD 21044
Keith N Cole	officer: Sr. VP, Govt. Rel. and EHS	C/O W. R. GRACE & CO., 7500 GRACE DRIVE, COLUMBIA MD 21044
Mark A Shelnitz	officer: Sr. VP, GC and Secretary	C/O W. R. GRACE & CO., 7500 GRACE DRIVE, COLUMBIA MD 21044
Alfred E Festa	director
Standard Latitude Master Fund Ltd.	10 percent owner	9 WEST 57TH STREET, 47TH FLOOR, NEW YORK NY 10019
Si Gp Iii Llc	10 percent owner	9 WEST 57TH STREET, 47TH FLOOR, NEW YORK NY 10019