MSAfety (MSAfety) Debt-to-Equity

: 0.67 (As of Dec. 2023)

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MSAfety's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $27 Mil. MSAfety's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $620 Mil. MSAfety's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $967 Mil. MSAfety's debt to equity for the quarter that ended in Dec. 2023 was 0.67.

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

MSA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 0.66 Max: 0.9
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of MSAfety was 0.90. The lowest was 0.42. And the median was 0.66.

MSA's Debt-to-Equity is ranked worse than
63.23% of 930 companies
in the Business Services industry
Industry Median: 0.4 vs MSA: 0.67

MSAfety Debt-to-Equity Historical Data

The historical data trend for MSAfety'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.

MSAfety Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.54

0.42

0.77

0.66

0.67

MSAfety 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																0.66	1.18	1.02	0.90	0.67

Competitive Comparison

For the Security & Protection Services subindustry, MSAfety'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.

MSAfety Debt-to-Equity Distribution

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

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

MSAfety Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MSAfety's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(26.522	+	619.665)	/	966.802
	=	0.67

MSAfety's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(26.522	+	619.665)	/	966.802
	=	0.67

MSAfety (NYSE:MSA) 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.

MSAfety Debt-to-Equity Related Terms

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

MSAfety (MSAfety) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MSA Safety Inc (NYSE:MSA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

M07:Germany

Address

1000 Cranberry Woods Drive, Cranberry Township, PA, USA, 16066-5207

Website

https://www.msasafety.com

MSA Safety Inc makes safety products that are used to protect workers in the oil and gas and mining industries. The products include breathing apparatuses, fall protection, portable gas detection systems, industrial head protection, fire and rescue helmets, and fixed gas and flame detection systems. End markets include the fire service, contractor, industrial, mining, oil and gas, and utilities industries. MSA Safety generates most of its revenue in North America. The company's reportable geographic segments are Americas, International and Corporate.

Executives

Rebecca B Roberts	director	1000 LOUISIANA, SUITE 5800, HOUSTON TX 77002
Jonathan D. Buck	officer: Chief Accounting Officer	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Bob Willem Leenen	officer: Vice President	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Richard W Roda	officer: Vice President, Secretary, CLO	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Stephanie L Sciullo	officer: Vice President, CLO	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Nishan J. Vartanian	officer: Vice President	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Lee B Mcchesney	officer: Senior VP, CFO and Treasurer	1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Robert A Bruggeworth	director	C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
William M Lambert	officer: Vice President	C/O MSA SAFETY, 1000 CRANBERRY WOODS DRIVE, CRANBERRY TWP PA 16066
Ryan John T Iii	director, 10 percent owner, officer: Chairman and CEO	P O BOX 426, PITTSBURGH PA 15230
Kenneth D. Krause	officer: VP, CFO and Treasurer	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Luca Savi	director	C/O ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Sandra Phillips Rogers	director	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Blanco Steven C. Sr.	officer: Vice President	1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Diane M Pearse	director	P O BOX 426, PITTSBURGH PA 152300426