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Corbion NV (Corbion NV) Debt-to-Equity : 1.24 (As of Dec. 2023)


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What is Corbion NV Debt-to-Equity?

Corbion NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $402 Mil. Corbion NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $455 Mil. Corbion NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $694 Mil. Corbion NV's debt to equity for the quarter that ended in Dec. 2023 was 1.23.

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

CSNVF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 0.57   Max: 1.24
Current: 1.24

During the past 13 years, the highest Debt-to-Equity Ratio of Corbion NV was 1.24. The lowest was 0.21. And the median was 0.57.

CSNVF's Debt-to-Equity is ranked worse than
89.84% of 1397 companies
in the Chemicals industry
Industry Median: 0.35 vs CSNVF: 1.24

Corbion NV Debt-to-Equity Historical Data

The historical data trend for Corbion NV'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.

Corbion NV Debt-to-Equity Chart

Corbion NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.65 0.91 1.21 1.24

Corbion NV 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 1.15 1.21 1.33 1.24

Competitive Comparison of Corbion NV's Debt-to-Equity

For the Specialty Chemicals subindustry, Corbion NV'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.


Corbion NV's Debt-to-Equity Distribution in the Chemicals Industry

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

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



Corbion NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Corbion NV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Corbion NV's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Corbion NV  (OTCPK:CSNVF) 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.


Corbion NV Debt-to-Equity Related Terms

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


Corbion NV (Corbion NV) Business Description

Traded in Other Exchanges
Address
Piet Heinkade 127, Amsterdam, NH, NLD, 1019 GM
Corbion NV is a Netherlands-based company that produces food ingredients and biobased chemicals. The company's operating segment includes Sustainable Food Solutions; Lactic Acid and Specialties; Algae Ingredients; Incubator and Core. It generates maximum revenue from the Sustainable Food Solutions segment. Geographically, it derives a majority of its revenue from the US.