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Graco (NYSE:GGG) Debt-to-Equity

: 0.07 (As of Mar. 2023)
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Graco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $51 Mil. Graco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $96 Mil. Graco's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $1,986 Mil. Graco's debt to equity for the quarter that ended in Mar. 2023 was 0.07.

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

GGG' s Debt-to-Equity Range Over the Past 10 Years
Min: -47.66   Med: 0.34   Max: 14.01
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Graco was 14.01. The lowest was -47.66. And the median was 0.34.

GGG's Debt-to-Equity is ranked better than
80.4% of 2372 companies
in the Industrial Products industry
Industry Median: 0.31 vs GGG: 0.07

Graco Debt-to-Equity Historical Data

The historical data trend for Graco'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.

Graco Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.20 0.17 0.13 0.07

Graco Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.09 0.09 0.08 0.07 0.07

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Graco'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.

   

Graco Debt-to-Equity Distribution

For the Industrial Products industry and Industrials sector, Graco's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Graco's Debt-to-Equity falls in comparison to its industry or sector. The grey bar indicates the Debt-to-Equity's extreme value range as defined by GuruFocus.



Graco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Graco's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Graco's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Graco  (NYSE:GGG) 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.


Graco Debt-to-Equity Related Terms

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


Graco (NYSE:GGG) Business Description

Graco logo
Traded in Other Exchanges
Address
88-11th Avenue Northeast, Minneapolis, MN, USA, 55413
Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2 billion in sales and $531 million in operating income in 2021.
Executives
Laura L Evanson officer: Executive VP, Marketing 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Claudio Merengo officer: President, Worldwide Gema 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Inge Grasdal officer: EVP, Corporate Development 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Anthony J Gargano officer: President, Asia Pacific 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Joseph J Humke officer: Executive Vice President 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Brett C Carter director 414 NICOLLET MALL, 401-9, MINNEAPOLIS MN 55401
Kathryn L Schoenrock officer: Executive Vice President 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Kevin J. Wheeler director A. O. SMITH CORPORATION, 500 TENNESSEE WALTZ PARKWAY, ASHLAND CITY TN 37015
Timothy R White officer: President, EMEA 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Angela F Wordell officer: Executive VP, Operations 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Emily White director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Jody H Feragen director 1 HORMEL PLACE, AUSTIN TX 55912
Bernard J Moreau officer: Vice President 88 - 11TH AVENUE N.E., MINNEAPOLIS MN 55413
Mark D Eberlein officer: Vice President 88 - 11TH AVENUE N.E., MINNEAPOLIS MN 55413
Peter J O'shea officer: Vice President 88 - 11TH AVENUE N.E., MINNEAPOLIS MN 55413

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