Kaiser Aluminum (FRA:KLU1) Debt-to-Equity : 1.66 (As of Dec. 2023)

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What is Kaiser Aluminum Debt-to-Equity?

Kaiser Aluminum's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €9 Mil. Kaiser Aluminum's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €980 Mil. Kaiser Aluminum's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €598 Mil. Kaiser Aluminum's debt to equity for the quarter that ended in Dec. 2023 was 1.65.

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

FRA:KLU1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.6 Max: 1.72
Current: 1.66

During the past 13 years, the highest Debt-to-Equity Ratio of Kaiser Aluminum was 1.72. The lowest was 0.25. And the median was 0.60.

FRA:KLU1's Debt-to-Equity is ranked worse than
94.27% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs FRA:KLU1: 1.66

Kaiser Aluminum Debt-to-Equity Historical Data

The historical data trend for Kaiser Aluminum'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.

Kaiser Aluminum Debt-to-Equity Chart

Kaiser Aluminum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.71

1.18

1.56

1.72

1.66

Kaiser Aluminum Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.72	1.77	1.72	1.69	1.66

Competitive Comparison of Kaiser Aluminum's Debt-to-Equity

For the Aluminum subindustry, Kaiser Aluminum'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.

Kaiser Aluminum's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's Debt-to-Equity distribution charts can be found below:

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

Kaiser Aluminum Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kaiser Aluminum'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
	=	(9.262	+	980.273)	/	598.067
	=	1.65

Kaiser Aluminum'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
	=	(9.262	+	980.273)	/	598.067
	=	1.65

Kaiser Aluminum (FRA:KLU1) 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.

Kaiser Aluminum Debt-to-Equity Related Terms

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Kaiser Aluminum (FRA:KLU1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kaiser Aluminum Corp (FRA:KLU1) » Definitions » Debt-to-Equity

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KALU:USA

Address

1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067

Website

https://www.kaiseraluminum.com

Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The company purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. It hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the U.S. and Canada.

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