Alico (ALCO) Debt-to-Equity : 0.29 (As of Dec. 2023)

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What is Alico Debt-to-Equity?

Alico's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.41 Mil. Alico's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $83.30 Mil. Alico's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $287.75 Mil. Alico's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

ALCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.97 Max: 1.38
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Alico was 1.38. The lowest was 0.24. And the median was 0.97.

ALCO's Debt-to-Equity is ranked better than
59.29% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs ALCO: 0.29

Alico Debt-to-Equity Historical Data

The historical data trend for Alico'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.

Alico Debt-to-Equity Chart

Alico Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.83

0.69

0.51

0.46

0.53

Alico 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															0.52	0.54	0.50	0.53	0.29

Competitive Comparison of Alico's Debt-to-Equity

For the Farm Products subindustry, Alico'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.

Alico's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Alico's Debt-to-Equity distribution charts can be found below:

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

Alico Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alico's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(2.566	+	126.132)	/	244.991
	=	0.53

Alico'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
	=	(1.41	+	83.299)	/	287.749
	=	0.29

Alico (NAS:ALCO) 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.

Alico Debt-to-Equity Related Terms

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

Alico (ALCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Alico Inc (NAS:ALCO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10070 Daniels Interstate Court, Suite 100, Fort Myers, FL, USA, 33913

Website

https://www.alicoinc.com

Alico Inc is a Florida-based agribusiness and land management company that primarily focuses on citrus production and grove conservation. The company operates through two primary business units: Alico Citrus and Land Management and Other Operations. The Alico Citrus segment engages in cultivation of citrus trees and delivers citrus to the processed and fresh citrus markets. It mainly serves the processed market and sells primarily Hamlin oranges and the Valencia variety to the orange juice processors. The Land Management and Other Operations segment engages in land leasing for recreational, conservation, and mining activities. Alico Citrus delivers most of the revenue as the firm's primary operating business unit.

Executives

Katherine English	director	7951 DENI DRIVE, NORTH FORT MYERS FL 33917
Adam Putnam	director	ONE WATERFOWL WAY, MEMPHIS TN 38120
Bradley Heine	officer: Chief Financial Officer	C/O ALICO, INC., 10070 DANIELS INTERSTATE COURT, STE 200, FORT MYERS FL 33913
Vecchio Perry Del	officer: Chief Financial Officer	3207 PACIFIC DR, NAPLES FL 34119
Arlon Valencia Holdings Llc	director	C/O ARLON GROUP 277 PARK AVENUE, NEW YORK NY 10172
Remy W Trafelet	director, 10 percent owner	C/O TRAFELET BROKAW CAPITAL MANAGEMENT,, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
734 Investors, Llc	director, 10 percent owner	C/O 734 AGRICULTURE, LLC, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Toby K Purse	director	1276 OSCEOLA DRIVE, FORT MYERS FL 33901
Benjamin D Fishman	director	6 WILLOW PLACE, BROOKLYN NY 11201
George R Brokaw	director, 10 percent owner	DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112
734 Agriculture, Llc	director, 10 percent owner	410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Daniel Keith Sutton	officer: President of Citrus	5289 RIVER BLOSSOM LANE, LABELLE FL 33935
Joseph Sambuco	director	10070 DANIELS INTERSTATE COURT, FT MYERS FL 33913
Richard Rallo	officer: Chief Accounting Officer	3265 LARSON BLVD, OCEANSIDE NY 11572
Clayton G Wilson	director, officer: Chief Executive Officer	C/O THE LATT MAXCY CORPORATION, 21299 US HIGHWAY 27, LAKE WALES FL 33859