Spectrum Brands Holdings (Spectrum Brands Holdings) Debt-to-Equity

: 0.65 (As of Dec. 2023)

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Spectrum Brands Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9 Mil. Spectrum Brands Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,479 Mil. Spectrum Brands Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,301 Mil. Spectrum Brands Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.65.

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 Spectrum Brands Holdings's Debt-to-Equity or its related term are showing as below:

SPB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 2.86 Max: 16.08
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of Spectrum Brands Holdings was 16.08. The lowest was 0.65. And the median was 2.86.

SPB's Debt-to-Equity is ranked worse than
64.02% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs SPB: 0.65

Spectrum Brands Holdings Debt-to-Equity Historical Data

The historical data trend for Spectrum Brands Holdings'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.

Spectrum Brands Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

1.37

1.75

1.73

2.54

0.66

Spectrum Brands Holdings 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																2.70	2.79	0.85	0.66	0.65

Competitive Comparison

For the Household & Personal Products subindustry, Spectrum Brands Holdings'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.

Spectrum Brands Holdings Debt-to-Equity Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Spectrum Brands Holdings's Debt-to-Equity distribution charts can be found below:

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

Spectrum Brands Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spectrum Brands Holdings's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(8.6	+	1642.5)	/	2517.6
	=	0.66

Spectrum Brands Holdings'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
	=	(8.8	+	1478.7)	/	2300.8
	=	0.65

Spectrum Brands Holdings (NYSE:SPB) 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.

Spectrum Brands Holdings Debt-to-Equity Related Terms

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Spectrum Brands Holdings (Spectrum Brands Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Spectrum Brands Holdings Inc (NYSE:SPB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

H221:Germany

Address

3001 Deming Way, Middleton, WI, USA, 53562

Website

https://www.spectrumbrands.com

Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.

Executives

David M Maura	director, officer: Executive Chairman and CEO	C/O MOSAIC ACQUISITION CORP., 375 PARK AVENUE, NEW YORK NY 10152
Ehsan Zargar	officer: EVP, GC & Corporate Secretary	C/O HRG GROUP, INC., 450 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Joan Kai Chow	director	215 W DIEHL ROAD, NAPERVILLE IL 60563
Leslie Lloyd Campbell	director	C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Daniel L Karpel	officer: VP, Corporate Controller & CAO	3001 DEMING WAY, MIDDLETON WI 53562
Jeremy W Smeltser	officer: EVP & CFO	13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Rebeckah Long	officer: SVP & Global HR	C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Randal D. Lewis	officer: EVP & COO	C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Sherianne James	director	C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Hugh R Rovit	director	C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Terry Polistina	director	5980 MIAMI LAKES DRIVE, MIAMI LAKES FL 33014
Anne Sempowski Ward	director	C/O VANDA PHARMACEUTICALS INC., 2200 PENNSYLVANIA AVENUE, SUITE 300E, WASHINGTON DC 20037
Gautam Patel	director	C/O AMNEAL PHARMACEUTICALS LLC, 400 CROSSING BLVD, BRIDGEWATER NJ 08807
Jefferies Financial Group Inc.	10 percent owner	520 MADISON AVENUE, NEW YORK NY 10022
David Harris	director	237 PARK AVENUE - SUITE 900, NEW YORK NY 10017