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Ampco-Pittsburgh (Ampco-Pittsburgh) Debt-to-Equity : 2.19 (As of Dec. 2023)


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What is Ampco-Pittsburgh Debt-to-Equity?

Ampco-Pittsburgh's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13.2 Mil. Ampco-Pittsburgh's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $120.2 Mil. Ampco-Pittsburgh's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $60.9 Mil. Ampco-Pittsburgh's debt to equity for the quarter that ended in Dec. 2023 was 2.19.

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

AP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.59   Max: 2.19
Current: 2.19

During the past 13 years, the highest Debt-to-Equity Ratio of Ampco-Pittsburgh was 2.19. The lowest was 0.06. And the median was 0.59.

AP's Debt-to-Equity is ranked worse than
96.6% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs AP: 2.19

Ampco-Pittsburgh Debt-to-Equity Historical Data

The historical data trend for Ampco-Pittsburgh'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.

Ampco-Pittsburgh Debt-to-Equity Chart

Ampco-Pittsburgh Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 0.54 0.63 1.05 2.19

Ampco-Pittsburgh 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 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 1.05 1.07 1.20 1.27 2.19

Competitive Comparison of Ampco-Pittsburgh's Debt-to-Equity

For the Metal Fabrication subindustry, Ampco-Pittsburgh'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.


Ampco-Pittsburgh's Debt-to-Equity Distribution in the Industrial Products Industry

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

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



Ampco-Pittsburgh Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ampco-Pittsburgh's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Ampco-Pittsburgh'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.


Ampco-Pittsburgh  (NYSE:AP) 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.


Ampco-Pittsburgh Debt-to-Equity Related Terms

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


Ampco-Pittsburgh (Ampco-Pittsburgh) Business Description

Traded in Other Exchanges
N/A
Address
726 Bell Avenue, Suite 301, Carnegie, PA, USA, 15106
Ampco-Pittsburgh Corp is a U,S.-based company manufacturing and selling engineered, specialty metal products and customized equipment. It operates in two business segments namely the Forged and Cast Engineered Products segment and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment produces forged hardened steel rolls, cast rolls, and open-die forged products. Forged hardened steel rolls are used in cold rolling mills by producers of steel, aluminum, and other metals whereas, the Air and Liquid Processing segment includes Aerofin, Buffalo Air Handling, and Buffalo Pumps. The company generates a majority of its revenue from the Forged and Cast Engineered Products segment. It has a business presence in the U,S and other countries.
Executives
Darrell L Mcnair director 726 BELL AVENUE, SUITE 301, CARNEGIE PA 15106
Frederick D. Disanto director 6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
David George Anderson officer: President,Air&Liq. Proc. Group 726 BELL AVENUE, SUITE 301, CARNEGIE PA 15106
Robert Demichiei director 726 BELL AVE., SUITE 301, PO BOX 457, CARNEGIE PA 15106
Michael G Mcauley officer: CFO & Treasurer 1550 CORAOPOLIS HEIGHTS ROAD, SUITE 500, PITTSBURGH PA 15108
Louis Berkman Investment Co 10 percent owner 330 N. SEVENTH STREET, STEUBENVILLE OH 43952
Brett Mcbrayer director, officer: Chief Executive Officer 726 BELL AVENUE, SUITE 301, CARNEGIE PA 15106
Pforzheimer Carl H Ii director CARL H PFORZHEIMER & CO, 650 MADISON 23 FLOOR, NEW YORK NY 10022
Samuel Lyon officer: President of Union Electric C/O UNION ELECTRIC STEEL CORPORATION, 726 BELL AVENUE, CARNEGIE PA 15106
Elizabeth Anne Fessenden director 1137 WEST AVENUE, RICHMOND VA 23220
Crawford United Corp other: Member of 10% owner group 10514 DUPONT AVE, CLEVELAND OH 44108
Edward F Crawford other: Member of 10% owner group
2006 Irrevocable Trust Of Laura W. Van Loan For The Benefit Of Mary M. Crawford other: Member of 10% owner group 6065 PARKLAND BOULEVARD, CLEVELAND OH 44124
Altor Ii Aggregator Topco Ltd 10 percent owner 11-15 SEATON PLACE, ST. HELIER Y9 JE4 0QH
Terry L Dunlap director 1000 SIX PPG PLACE, PITTSBURGH PA 15222