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Icahn Enterprises LP (Icahn Enterprises LP) Debt-to-Equity

: 2.25 (As of Dec. 2023)
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Icahn Enterprises LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $33 Mil. Icahn Enterprises LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7,174 Mil. Icahn Enterprises LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,208 Mil. Icahn Enterprises LP's debt to equity for the quarter that ended in Dec. 2023 was 2.25.

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 Icahn Enterprises LP's Debt-to-Equity or its related term are showing as below:

IEP' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.12   Med: 2.15   Max: 5.16
Current: 2.25

During the past 13 years, the highest Debt-to-Equity Ratio of Icahn Enterprises LP was 5.16. The lowest was 1.12. And the median was 2.15.

IEP's Debt-to-Equity is ranked worse than
91.47% of 832 companies
in the Oil & Gas industry
Industry Median: 0.44 vs IEP: 2.25

Icahn Enterprises LP Debt-to-Equity Historical Data

The historical data trend for Icahn Enterprises LP'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.

Icahn Enterprises LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.50 2.38 2.17 1.82 2.25

Icahn Enterprises LP 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 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 1.82 2.29 2.08 2.05 2.25

Competitive Comparison

For the Oil & Gas Refining & Marketing subindustry, Icahn Enterprises LP'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.


Icahn Enterprises LP Debt-to-Equity Distribution

For the Oil & Gas industry and Energy sector, Icahn Enterprises LP's Debt-to-Equity distribution charts can be found below:

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



Icahn Enterprises LP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Icahn Enterprises LP's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Icahn Enterprises LP'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.


Icahn Enterprises LP  (NAS:IEP) 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.


Icahn Enterprises LP Debt-to-Equity Related Terms

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


Icahn Enterprises LP (Icahn Enterprises LP) Business Description

Traded in Other Exchanges
N/A
Address
16690 Collins Avenue, PH-1, Penthouse Suite, Sunny Isles Beach, FL, USA, 33160
Icahn Enterprises LP is a provider of diversified business services in the United States. The company operates its business through varied segments which include Investment, Automotive, Energy, Food Packaging, Real Estate, Pharma, and Home Fashion. Among these, the Energy segment derives the maximum revenue from the company. Geographically, it generates maximum revenue from the United States.
Executives
Brett Icahn director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
David Willetts director, officer: President and CEO 16690 COLLINS AVENUE - PH-1, SUNNY ISLES BEACH FL 33160
Ted Papapostolou director, officer: CFO & Chief Accounting Officer 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
A B Krongard director C/O UNDER ARMOUR, INC., 1020 HULL STREET, BALTIMORE MD 21230
Aris Kekedjian director, officer: President and CEO 655 THIRD AVENUE, 8TH FLOOR, 10017 NY 10017
Nancy Martori Dunlap director C/O CVR REFINING, LP, 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Carl C Icahn director, 10 percent owner, officer: Chairman of the Board of GP C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Stephen A Mongillo director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Denise Barton director 3149 STERLINGSHIRE DRIVE, LAS VEGAS NV 89146
Jack Gumpert Wasserman director 510 EAST 86TH STREET, NEW YORK NY 10028-7504
Michael Nevin director C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
James Larry Nelson director 2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109
Keith Cozza director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Sunghwan Cho officer: Chief Financial Officer C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Peter Reck officer: Principal Accounting Officer C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153

Icahn Enterprises LP (Icahn Enterprises LP) Headlines

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