Sisecam Resources LP (Sisecam Resources LP) Debt-to-Equity : 0.57 (As of Mar. 2023)

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What is Sisecam Resources LP Debt-to-Equity?

Sisecam Resources LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $8.9 Mil. Sisecam Resources LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $115.9 Mil. Sisecam Resources LP's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $220.3 Mil. Sisecam Resources LP's debt to equity for the quarter that ended in Mar. 2023 was 0.57.

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

SIRE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.8 Max: 1.92
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of Sisecam Resources LP was 1.92. The lowest was 0.57. And the median was 0.80.

SIRE's Debt-to-Equity is not ranked
in the Chemicals industry.
Industry Median: 0.35 vs SIRE: 0.57

Sisecam Resources LP Debt-to-Equity Historical Data

The historical data trend for Sisecam Resources 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.

Sisecam Resources LP Debt-to-Equity Chart

Sisecam Resources LP Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.64

0.75

0.63

0.59

Sisecam Resources LP 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	Get a 7-Day Free Trial															0.76	0.77	0.69	0.59	0.57

Competitive Comparison of Sisecam Resources LP's Debt-to-Equity

For the Chemicals subindustry, Sisecam Resources 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.

Sisecam Resources LP's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sisecam Resources LP's Debt-to-Equity distribution charts can be found below:

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

Sisecam Resources LP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sisecam Resources LP's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(8.8	+	128.2)	/	230.9
	=	0.59

Sisecam Resources LP's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(8.9	+	115.9)	/	220.3
	=	0.57

Sisecam Resources LP (NYSE:SIRE) 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.

Sisecam Resources LP Debt-to-Equity Related Terms

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Sisecam Resources LP (Sisecam Resources LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sisecam Resources LP (NYSE:SIRE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Five Concourse Parkway, Suite 2500, Atlanta, GA, USA, 30328

Website

https://www.sisecamusa.com

Sisecam Resources LP is engaged in the production and sales of natural soda ash from its facility located in Green River, Wyoming. The company is a member of American Natural Soda Ash Corp, which manages soda ash supply chains. Geographically, the company segments are divided into two that are Domestic segment and International segment which includes ANSAC and Ciner Group.

Executives

Sisecam Chemicals Usa Inc.	10 percent owner	C/O TURKIYE SISE VE CAM FABRIKALARI A.S., ICMELER MAH. D-100 KARAYOLU CAD. NO44A, TUZLA, ISTANBUL W8 34947
Ciner Enterprises Inc.	10 percent owner, other: See Remarks	FIVE CONCOURSE PARKWAY, SUITE 2500, FULTON COUNTY, ATLANTA GA 30328-7108
Alec Gilbert Dreyer	director	120 EAGLE ROCK AVENUE, SUITE 190, EAST HANOVER NJ 07936
Oguz Erkan	director	5 CONCOURSE PARKWAY, SUITE 2500, ATLANTA GA 30328
Christopher Lee Deberry	officer: CAO and Corporate Controller	FIVE CONCOURSE PARKWAY, SUITE 2500, ATLANTA GA 30328
Marla Nicholson	officer: V.P., Gen. Counsel & Secretary	FIVE CONCOURSE PARKWAY, SUITE 2500, ATLANTA GA 30328
Raymond Katekovich	officer: VP, Sales and Marketing	FIVE CONCOURSE PARKWAY, SUITE 2500, ATLANTA GA 30328
Akkan Enerji Ve Madencilik Anonim Sirketi	10 percent owner, other: See Remarks	SEHITMUHTAR CAD., 38/1 TAKSIM, BEYOGLU, ISTANBUL W8 000000
Turgay Ciner	10 percent owner, other: See Remarks	PASALIMANI CADDESI, NO 73, 34670 PASALIMANI, USKUDAR, ISTANBUL W8 34670
We Soda Ltd	10 percent owner, other: See Remarks	23 COLLEGE HILL, LONDON X0 EC4R 2RP
Kew Soda Ltd	10 percent owner, other: See Remarks	23 COLLEGE HILL, LONDON X0 EC4R 2RP
Ebru Sapoglu	director	FIVE CONCOURSE PARKWAY, SUITE 2500, ATLANTA GA 30325
Ertugrul Kaloglu	officer: Chief Executive Officer	FIVE CONCOURSE PARKWAY, SUITE 2500, ATLANTA GA 30328
Mehmet Nedim Kulaksizoglu	officer: Chief Financial Officer	FIVE CONCOURSE PARKWAY SUITE 2500, ATLANTA GA 30328
Tahsin Burhan Ergene	director	FIVE CONCOURSE PARKWAY SUITE 2500, ATLANTA GA 30328