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United States Lime & Minerals (United States Lime & Minerals) Debt-to-Equity

: 0.01 (As of Dec. 2023)
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United States Lime & Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.6 Mil. United States Lime & Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.9 Mil. United States Lime & Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $393.1 Mil. United States Lime & Minerals's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 United States Lime & Minerals's Debt-to-Equity or its related term are showing as below:

USLM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.11
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of United States Lime & Minerals was 0.11. The lowest was 0.01. And the median was 0.01.

USLM's Debt-to-Equity is ranked better than
99.72% of 352 companies
in the Building Materials industry
Industry Median: 0.39 vs USLM: 0.01

United States Lime & Minerals Debt-to-Equity Historical Data

The historical data trend for United States Lime & Minerals'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.

United States Lime & Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.01 0.01 0.02 0.01

United States Lime & Minerals 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 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 Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.01 0.01

Competitive Comparison

For the Building Materials subindustry, United States Lime & Minerals'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.


United States Lime & Minerals Debt-to-Equity Distribution

For the Building Materials industry and Basic Materials sector, United States Lime & Minerals's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where United States Lime & Minerals's Debt-to-Equity falls into.



United States Lime & Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

United States Lime & Minerals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

United States Lime & Minerals'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.


United States Lime & Minerals  (NAS:USLM) 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.


United States Lime & Minerals Debt-to-Equity Related Terms

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


United States Lime & Minerals (United States Lime & Minerals) Business Description

Traded in Other Exchanges
Address
5429 LBJ Freeway, Suite 230, Dallas, TX, USA, 75240
United States Lime & Minerals Inc is engaged in the business of manufacturing lime and limestone products including PLS, quicklime, hydrated lime, and lime slurry. It supplies primarily to the construction (including highway, road, and building contractors), industrial (including paper and glass manufacturers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), metals (including steel producers), oil and gas services, roof shingle manufacturers and agriculture (including poultry and cattle feed producers) industries. The company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma, and Texas.
Executives
Timothy Wade Stone other: Director - Sales & Marketing 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Sandra C Duhe director 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Timothy W Byrne director, officer: President & CEO 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Nathan O'neill officer: Vice President 5429 LBJ FRWY; STE 230, DALLAS TX 75240
Bill Hughes officer: Senior Vice President 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Hawkins Tom S Jr director 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75420
John J Gagnon officer: Vice President 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Inberdon Enterprises Ltd 10 percent owner 1020 789 WEST PENDER ST, VANCOUVER A1 00000
Edward A Odishaw director 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
George Michel Doumet 10 percent owner #2201 - 2077 NELSON STREET, VANCOUVER A1 V6G 2Y2
Richard W Cardin director 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Ray M Harlin director
Michael L Wiedemer officer: VP & CFO 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
M Michael Owens officer: Vice President 5429 LBJ FREEWAY STE 230, DALLAS TX 75240
David Leymeister officer: Vice President 5711 PRESTON OAKS ROAD, #1433, DALLAS TX 75254

United States Lime & Minerals (United States Lime & Minerals) Headlines