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Esterline Technologies Corp  (NYSE:ESL) Debt-to-Equity: 0.45 (As of Jun. 2017)

Esterline Technologies Corp's Current Portion of Long-Term Debt for the quarter that ended in Jun. 2017 was $14 Mil. Esterline Technologies Corp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $766 Mil. Esterline Technologies Corp's Total Equity for the quarter that ended in Jun. 2017 was $1,736 Mil. Esterline Technologies Corp's debt to equity for the quarter that ended in Jun. 2017 was 0.45.

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.

NYSE:ESL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Max: 2.58
Current: 0.45

0.15
2.58

During the past 13 years, the highest Debt-to-Equity Ratio of Esterline Technologies Corp was 2.58. The lowest was 0.15. And the median was 0.48.

NYSE:ESL's Debt-to-Equity is ranked higher than
58% of the 158 Companies
in the Global industry.

( Industry Median: 0.53 vs. NYSE:ESL: 0.45 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Esterline Technologies Corp Annual Data

Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Sep15 Sep16
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.37 0.33 0.57 0.54

Esterline Technologies Corp Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.56 0.54 0.53 0.48 0.45

Competitive Comparison
* 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.


Calculation

Debt to Equity measures the financial leverage a company has.

Esterline Technologies Corp's Debt to Equity Ratio for the fiscal year that ended in Sep. 2016 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(16.774 + 853.796) / 1600.557
=0.54

Esterline Technologies Corp's Debt to Equity Ratio for the quarter that ended in Jun. 2017 is calculated as

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity
=(14.215 + 766.024) / 1736.217
=0.45

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation divided by Total 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.


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