Chase (CCF) Debt-to-Equity : 0.27 (As of Aug. 2023)

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What is Chase Debt-to-Equity?

Chase's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.0 Mil. Chase's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $110.1 Mil. Chase's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $408.3 Mil. Chase's debt to equity for the quarter that ended in Aug. 2023 was 0.27.

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

CCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.26 Max: 0.5
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Chase was 0.50. The lowest was 0.02. And the median was 0.26.

CCF's Debt-to-Equity is not ranked
in the Chemicals industry.
Industry Median: 0.35 vs CCF: 0.27

Chase Debt-to-Equity Historical Data

The historical data trend for Chase'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.

Chase Debt-to-Equity Chart

Chase Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

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0.02

0.50

0.27

Chase Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Debt-to-Equity	Get a 7-Day Free Trial															0.50	0.46	0.39	0.34	0.27

Competitive Comparison of Chase's Debt-to-Equity

For the Specialty Chemicals subindustry, Chase'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.

Chase's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Chase Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chase's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(0	+	110.11)	/	408.306
	=	0.27

Chase's Debt to Equity Ratio for the quarter that ended in Aug. 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
	=	(0	+	110.11)	/	408.306
	=	0.27

Chase (AMEX:CCF) 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.

Chase Debt-to-Equity Related Terms

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

Chase (CCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chase Corp (AMEX:CCF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

375 University Avenue, Westwood, MA, USA, 02090

Website

https://www.chasecorp.com

Chase Corp is a specialty chemical company. It operates through the following segments: Adhesives, Sealants and Additives, Industrial Tapes and Corrosion Protection and Waterproofing. The firm generates majority revenue from the Industrial Tapes segment. Its Industrial Tapes segment features legacy wire and cable materials, specialty tapes, and other laminated and coated products. Geographically, it derives a majority of revenue from North America and also has a presence in Asia; Europe, and Other Countries.

Executives

Adam Chase	officer: COO/Vice President	104 ALBION ROAD, WELLESLEY MA 02481
Thomas Jr Wroe	director
Ellen Rubin	director	11 CLEMENTS ROAD, NEWTON MA 02458
Mary Claire Chase	director	115 SUMNER STREET, NEWTON MA 02459
Derby John H. Iii	director	1029 OCEAN BLVD., RYE NH 03870
Jeffery D Haigh	officer: Corporate Secretary	2 SUMMER STREET, NORWOOD MA 02062
Michael J. Bourque	officer: Treasurer & CFO	ANALOGIC CORPORATION, 8 CENTENNIAL DRIVE, PEABODY MA 01960
Lewis P Gack	director	5 LIVINGTON CIRCLE, ANDOVER MA 01810
Peter R Chase	officer: President, CEO	305 GRANGE PARK, BRIDGEWATER MA 02324
Joan Wallace-benjamin	director	175 SANDY VALLEY ROAD, DEDHAM MA 02026
Christian John Talma	officer: Chief Accounting Officer	5 ALHAMBRA RD., WELLESLEY MA 02481
Chad A. Mcdaniel	director	C/O LYDALL, INC., 1 COLONIAL ROAD, MANCHESTER CT 06042
Thomas D. Debyle	director	STANDEX INT'L, 6 MANOR PARKWAY, SALEM NH 03079
Kenneth James Feroldi	officer: CFO/Treasurer	67 KIMBERLEY DRIVE, WAKEFIELD RI 02878
Everett Jr Chadwick	director	20 SOUTH DRIVE, BRIDGEWATER MA 02324