Valhi (VHI) Debt-to-Equity

: 0.61 (As of Dec. 2023)

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Valhi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5 Mil. Valhi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $564 Mil. Valhi's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $936 Mil. Valhi's debt to equity for the quarter that ended in Dec. 2023 was 0.61.

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

VHI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61 Med: 1.27 Max: 4.45
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Valhi was 4.45. The lowest was 0.61. And the median was 1.27.

VHI's Debt-to-Equity is ranked worse than
69.68% of 1392 companies
in the Chemicals industry
Industry Median: 0.35 vs VHI: 0.61

Valhi Debt-to-Equity Historical Data

The historical data trend for Valhi'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.

Valhi Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.29

1.19

0.81

0.61

Valhi 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																0.61	0.62	0.61	0.60	0.61

Competitive Comparison

For the Chemicals subindustry, Valhi'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.

Valhi Debt-to-Equity Distribution

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

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

Valhi Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Valhi'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
	=	(4.6	+	564.4)	/	935.8
	=	0.61

Valhi'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
	=	(4.6	+	564.4)	/	935.8
	=	0.61

Valhi (NYSE:VHI) 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.

Valhi Debt-to-Equity Related Terms

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

Valhi (VHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Valhi Inc (NYSE:VHI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620

Website

http://www.valhi.net

Valhi Inc is a holding company that provides chemicals, security products, waste management systems, and real estate development and management through its subsidiaries. It operates its business in three segments, which are Chemicals, Component Products, and Real Estate Management and Development. Through its segments the company produces and markets titanium dioxide pigments which generate the majority of the company revenues; manufactures security products; processes, treats, stores, and disposes of radioactive and toxic waste; and provides real estate management services. Valhi derives maximum revenue from the Chemicals segment. The company has a presence in Europe, North America, Asia Pacific, and the Rest of the World.

Executives

Gina A. Norris	director	1329 MILLWOOD ROAD, MCKINNEY TX 75069
Amy A. Samford	officer: Vice President and Controller	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Kevin B Kramer	director	C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Bart W Reichert	officer: Vice President, Internal Audit	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Patty S. Brinda	officer: Vice President and Controller	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Robert D Graham	director, officer: Executive VP and CLO	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Bryan A. Hanley	officer: Vice President and Treasurer	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Darci B Scott	officer: VP, Tax - Financial Reporting	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Kristin B Mccoy	officer: Vice President, Tax	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Michael Shawn Simmons	officer: VP & Chief Accounting Officer	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Jane Rast Grimm	officer: VP and Assistant Secretary	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Valhi Inc /de/	10 percent owner	THREE LINCOLN CENTER, 5430 LBJ FREEWAY SUITE 1700, DALLAS TX 75240-2620
Dixie Rice Agricultural L.l.c.	10 percent owner	5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Terri Herrington	director	C/O CONTRAN CORPORATION, 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
W Hayden Mcilroy	director	25 HIGHLAND PARK VILLAGE, STE. 100-341, DALLAS TX 75205