Adbri (ASX:ABC) Debt-to-Equity : 0.61 (As of Dec. 2023)

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What is Adbri Debt-to-Equity?

Adbri's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$10 Mil. Adbri's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$829 Mil. Adbri's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,385 Mil. Adbri'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 Adbri's Debt-to-Equity or its related term are showing as below:

ASX:ABC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.44 Max: 0.61
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of Adbri was 0.61. The lowest was 0.26. And the median was 0.44.

ASX:ABC's Debt-to-Equity is ranked worse than
68.36% of 354 companies
in the Building Materials industry
Industry Median: 0.39 vs ASX:ABC: 0.61

Adbri Debt-to-Equity Historical Data

The historical data trend for Adbri'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.

Adbri Debt-to-Equity Chart

Adbri Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.53

0.46

0.51

0.61

Adbri Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.51	0.56	0.61	0.64	0.61

Competitive Comparison of Adbri's Debt-to-Equity

For the Building Materials subindustry, Adbri'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.

Adbri's Debt-to-Equity Distribution in the Building Materials Industry

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

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

Adbri Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adbri'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
	=	(10.3	+	829.2)	/	1384.7
	=	0.61

Adbri'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
	=	(10.3	+	829.2)	/	1384.7
	=	0.61

Adbri (ASX:ABC) 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.

Adbri Debt-to-Equity Related Terms

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

Adbri (ASX:ABC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Adbri Ltd (ASX:ABC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ADBCF:USA GHO:Germany

Address

157 Grenfell Street, Level 1, GPO Box 2155, Adelaide, SA, AUS, 5001

Website

https://www.adbri.com.au

Adbri specializes in the production and supply of construction materials, including cement, lime, concrete, aggregates, and masonry, from a nationwide network of plants and quarries. Selling about five million metric tons of cement per year and almost one million metric tons of lime, Adbri is the second-largest cement producer and largest lime producer in Australia, with a focus on customers in the residential construction, infrastructure, and mining sectors.

Adbri (ASX:ABC) Headlines

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