Element Solutions (Element Solutions) LT-Debt-to-Total-Asset

: 0.39 (As of Dec. 2023)

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LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Element Solutions's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.39.

Element Solutions's long-term debt to total assets ratio increased from Dec. 2022 (0.38) to Dec. 2023 (0.39). It may suggest that Element Solutions is progressively becoming more dependent on debt to grow their business.

Element Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Element Solutions's LT-Debt-to-Total-Asset 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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Element Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.35

0.34

0.37

0.38

0.39

Element Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.38	0.38	0.40	0.41	0.39

Element Solutions LT-Debt-to-Total-Asset Calculation

Element Solutions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1921	/	4974.1
	=	0.39

Element Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1921	/	4974.1
	=	0.39

Element Solutions (NYSE:ESI) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Element Solutions LT-Debt-to-Total-Asset Related Terms

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Element Solutions (Element Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Element Solutions Inc (NYSE:ESI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PLQ:Germany PLQ:Germany

Address

500 East Broward Boulevard, Suite 1860, Fort Lauderdale, FL, USA, 33394

Website

https://www.elementsolutionsinc.com

Element Solutions Inc is a specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. The company has two segments which are Electronics and Industrial & Specialty. The Industrial & Specialty segment researches, formulates and sells specialty chemicals and process technologies that enhance surfaces or improve industrial processes in diverse industrial sectors from automotive trim to transcontinental infrastructure and from high-speed printing to high-design faucets. The electronics segment researches, formulates and sells specialty chemicals and material process technologies for all types of electronics hardware, from complex printed circuit board designs to semiconductor packaging.

Executives

Nichelle Maynard-elliott	director	PLATFORM SPECIALTY PRODUCTS CORPORATION, 383 MAIN AVENUE, NORWALK CT 06851
Michael Goralski	officer: See Remarks	383 MAIN AVENUE, 6TH FLOOR, NORWALK CT 06851
Benjamin Gliklich	officer: VP Corporate Dev, Finance & IR	245 FREIGHT STREET, WATERBURY CT 06702
Carey J. Dorman	officer: Chief Financial Officer	C/O ELEMENT SOLUTIONS INC, 383 MAIN AVENUE, 6TH FLOOR, NORWALK CT 06851
Martin E Franklin	director	C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
Elyse Napoli Filon	director	383 MAIN AVENUE, 6TH FLOOR, NORWALK CT 06851
Scot Benson	officer: President - Perf. Solutions	245 FREIGHT STREET, WATERBURY CT 06702
Joseph J. D'ambrisi	officer: SVP and Head of Electronics	383 MAIN AVENUE, 6TH FLOOR, NORWALK CT 06851
Patricia Mount	officer: VP, Program Mgt & Integration	JARDEN CORPORATION, 555 THEODORE FREMD AVENUE, RYE NY 10580
Christopher T. Fraser	director	9555 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 600, HOUSTON TX 77099
Ashken Ian G H	director	C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
John Edward Capps	officer: EVP, General Counsel & Sec.	2381 EXECUTIVE CENTER DRIVE, BOCA RATON FL 33431
Rakesh Sachdev	officer: Chief Executive Officer	3050 SPRUCE STREET, ST LOUIS MO 63103
Pershing Square Capital Management, L.p.	director, 10 percent owner	787 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
John David Tolbert	officer: Chief Human Resources Officer	345 S HIGH STREET, STE 201, MUNCIE IN 47305