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Matson (Matson) Debt-to-Equity : 0.30 (As of Dec. 2023)


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What is Matson Debt-to-Equity?

Matson's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $176 Mil. Matson's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $549 Mil. Matson's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,401 Mil. Matson's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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 Matson's Debt-to-Equity or its related term are showing as below:

MATX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 1.04   Max: 1.52
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of Matson was 1.52. The lowest was 0.30. And the median was 1.04.

MATX's Debt-to-Equity is ranked better than
68.47% of 885 companies
in the Transportation industry
Industry Median: 0.55 vs MATX: 0.30

Matson Debt-to-Equity Historical Data

The historical data trend for Matson'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.

Matson Debt-to-Equity Chart

Matson 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 1.52 1.05 0.64 0.40 0.30

Matson 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 0.40 0.37 0.35 0.32 0.30

Competitive Comparison of Matson's Debt-to-Equity

For the Marine Shipping subindustry, Matson'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.


Matson's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Matson's Debt-to-Equity distribution charts can be found below:

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



Matson Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Matson'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.


Matson  (NYSE:MATX) 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.


Matson Debt-to-Equity Related Terms

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


Matson (Matson) Business Description

Traded in Other Exchanges
Address
1411 Sand Island Parkway, Honolulu, HI, USA, 96819
Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are ocean transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and logistics which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from ocean transportation.
Executives
Grace M Cerocke officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Richard S Kinney officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Laura L Rascon officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Christopher A Scott officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Angoco Vic S Jr officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Matthew J Cox officer: CFO of wholly-owned subsidiary 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Kuuhaku T Park officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Peter T Heilmann officer: SVP & Chief Legal Officer 555 12TH STREET, OAKLAND CA 94607
Leonard P Isotoff officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Mark H Fukunaga director MATSON, INC., 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
John P Lauer officer: Senior Vice President 555 12TH STREET, OAKLAND CA 94607
Kevin L Stuck officer: VP and Controller 426 N. 44TH STREET, 2ND FL., PHOENIX AZ 85008
Rusty K Rolfe officer: Senior Vice President, other: President of Matson Logistics 1855 GATEWAY BOULEVARD, CONCORD CA 94520
Jenai S Wall director 999 BISHOP STREET, HONOLULU HI 96813
Thomas B Fargo director P.O. BOX 730, HONOLULU HI 96808