Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) Debt-to-Equity : 0.12 (As of Sep. 2023)

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What is Grupa Azoty Zaklady Azotowe Pulawy Debt-to-Equity?

Grupa Azoty Zaklady Azotowe Pulawy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was zł217 Mil. Grupa Azoty Zaklady Azotowe Pulawy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was zł188 Mil. Grupa Azoty Zaklady Azotowe Pulawy's Total Stockholders Equity for the quarter that ended in Sep. 2023 was zł3,300 Mil. Grupa Azoty Zaklady Azotowe Pulawy's debt to equity for the quarter that ended in Sep. 2023 was 0.12.

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 Grupa Azoty Zaklady Azotowe Pulawy's Debt-to-Equity or its related term are showing as below:

WAR:ZAP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.22
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Grupa Azoty Zaklady Azotowe Pulawy was 0.22. The lowest was 0.00. And the median was 0.02.

WAR:ZAP's Debt-to-Equity is ranked better than
75.14% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs WAR:ZAP: 0.12

Grupa Azoty Zaklady Azotowe Pulawy Debt-to-Equity Historical Data

The historical data trend for Grupa Azoty Zaklady Azotowe Pulawy'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.

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Grupa Azoty Zaklady Azotowe Pulawy Debt-to-Equity Chart

Grupa Azoty Zaklady Azotowe Pulawy Annual Data

Trend

Jun13

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.10

0.09

0.08

0.22

0.14

Grupa Azoty Zaklady Azotowe Pulawy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.14	0.14	0.14	0.12

Competitive Comparison of Grupa Azoty Zaklady Azotowe Pulawy's Debt-to-Equity

For the Chemicals subindustry, Grupa Azoty Zaklady Azotowe Pulawy'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.

Grupa Azoty Zaklady Azotowe Pulawy's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Grupa Azoty Zaklady Azotowe Pulawy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grupa Azoty Zaklady Azotowe Pulawy's Debt-to-Equity falls into.

Grupa Azoty Zaklady Azotowe Pulawy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grupa Azoty Zaklady Azotowe Pulawy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(349.792	+	200.551)	/	3961.794
	=	0.14

Grupa Azoty Zaklady Azotowe Pulawy's Debt to Equity Ratio for the quarter 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
	=	(217.261	+	187.843)	/	3300.324
	=	0.12

Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) 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.

Grupa Azoty Zaklady Azotowe Pulawy Debt-to-Equity Related Terms

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

Grupa Azoty Zaklady Azotowe Pulawy (WAR:ZAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Grupa Azoty Zaklady Azotowe Pulawy SA (WAR:ZAP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

1V5:Germany

Address

Al. Tysiaclecia Panstwa Polskiego 13, Pulawy, POL, 24-110

Website

https://pulawy.grupaazoty.com

Grupa Azoty Zaklady Azotowe Pulawy SA is a manufacturer and supplier of mineral fertilizers, basic chemicals and also involved in the procurement of raw materials and consumables. The company's segment includes Agro; Plastics; Energy and Other Activities. It generates maximum revenue from the Agro segment. The Agro Segment comprises the manufacturing of ammonia and products derived from the processing of ammonia, in particular urea and its solutions, including urea-ammonium nitrate solution, melamine, nitric acid, ammonium nitrate, technical gases, hydrogen peroxide, as well as phosphorus, potassium and blended fertilizers.

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