Olin (OLN) Debt-to-Equity : 1.35 (As of Dec. 2023)

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What is Olin Debt-to-Equity?

Olin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $148 Mil. Olin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,874 Mil. Olin's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,232 Mil. Olin'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 Olin's Debt-to-Equity or its related term are showing as below:

OLN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67 Med: 1.33 Max: 2.92
Current: 1.35

During the past 13 years, the highest Debt-to-Equity Ratio of Olin was 2.92. The lowest was 0.67. And the median was 1.33.

OLN's Debt-to-Equity is ranked worse than
91.56% of 1398 companies
in the Chemicals industry
Industry Median: 0.35 vs OLN: 1.35

Olin Debt-to-Equity Historical Data

The historical data trend for Olin'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.

Olin Debt-to-Equity Chart

Olin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.54

2.92

1.19

1.16

1.35

Olin 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															1.16	1.26	1.26	1.34	1.35

Competitive Comparison of Olin's Debt-to-Equity

For the Specialty Chemicals subindustry, Olin'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.

Olin's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Olin Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Olin'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
	=	(148.1	+	2874.4)	/	2232.4
	=	1.35

Olin'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
	=	(148.1	+	2874.4)	/	2232.4
	=	1.35

Olin (NYSE:OLN) 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.

Olin Debt-to-Equity Related Terms

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

Olin (OLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Olin Corp (NYSE:OLN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OLN:Germany OLN:Germany

Address

190 Carondelet Plaza, Suite 1530, Clayton, MO, USA, 63105

Website

https://www.olin.com

Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. The Chlor alkali products and Vinyls segment, which generates the majority of revenue, sells chlorine and caustic soda, which are used in a variety of industries including cosmetics, textiles, crop protection, and fire protection products. The Epoxy segment sells epoxy resins used in paints and coatings. The Winchester segment sells sporting ammunition and ammunition accessories under the Winchester brand. The majority of revenue comes from the United States.

Executives

Damian Gumpel	officer: VP & Pres, CAPV	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Brett A Flaugher	officer: VP & Pres, Winchester	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Valerie A Peters	officer: VP, HR	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Julie A Piggott	director	500 N AKARD ST. SUITE 400, DALLAS TX 75201
Heidi S Alderman	director	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
James A Varilek	officer: EVP & COO	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
R Nichole Sumner	officer: VP & Controller	OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Scott D. Ferguson	director	250 WEST 55TH STREET, 34TH FLOOR, NEW YORK NY 10019
C Robert Bunch	director	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Patrick Murphy Schumacher	officer: VP & President, CAPV	C/O OLIN CORPORATION, 190 CARONDELET PLZ, SUITE 1530, CLAYTON MO 63105
Dana C. O'brien	officer: Senior VP, GC & Secretary	1111 LOUISIANA STREET, HOUSTON TX 77002
Pat D Dawson	officer: EVP-Pres, Intl & Corp Strategy	C/O OLIN CORPORATION, 190 CARONDELET PLAZA, SUITE 1530, CLAYTON MO 63105
W Anthony Will	director	C/O CF INDUSTRIES HOLDINGS, INC., 4 PARKWAY NORTH, SUITE 400, DEERFIELD IL 60015
Matthew S Darnall	director	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Teresa M Vermillion	officer: VP & Treasurer	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105