Steel Partners Holdings LP (Steel Partners Holdings LP) Debt-to-Equity : 0.28 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Steel Partners Holdings LP Debt-to-Equity?

Steel Partners Holdings LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Steel Partners Holdings LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $268 Mil. Steel Partners Holdings LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $959 Mil. Steel Partners Holdings LP's debt to equity for the quarter that ended in Dec. 2023 was 0.28.

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 Steel Partners Holdings LP's Debt-to-Equity or its related term are showing as below:

SPLP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.74 Max: 4.58
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of Steel Partners Holdings LP was 4.58. The lowest was 0.28. And the median was 0.74.

SPLP's Debt-to-Equity is ranked better than
68.22% of 472 companies
in the Conglomerates industry
Industry Median: 0.555 vs SPLP: 0.28

Steel Partners Holdings LP Debt-to-Equity Historical Data

The historical data trend for Steel Partners Holdings 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.

Steel Partners Holdings LP Debt-to-Equity Chart

Steel Partners Holdings LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.79

4.58

0.95

0.32

0.28

Steel Partners Holdings 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	Get a 7-Day Free Trial															0.32	0.32	0.32	0.30	0.28

Competitive Comparison of Steel Partners Holdings LP's Debt-to-Equity

For the Conglomerates subindustry, Steel Partners Holdings 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.

Steel Partners Holdings LP's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Steel Partners Holdings LP's Debt-to-Equity falls into.

Steel Partners Holdings LP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Steel Partners Holdings LP's Debt to Equity Ratio for the fiscal year 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
	=	(0.067	+	268.159)	/	958.63
	=	0.28

Steel Partners Holdings LP'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
	=	(0.067	+	268.159)	/	958.63
	=	0.28

Steel Partners Holdings LP (NYSE:SPLP) 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.

Steel Partners Holdings LP Debt-to-Equity Related Terms

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

Steel Partners Holdings LP (Steel Partners Holdings LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Steel Partners Holdings LP (NYSE:SPLP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SPLPpA.PFD:USA

Address

590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022

Website

https://www.steelpartners.com

Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. It operates in various segments including the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, including joining materials, tubing, building materials, performance materials, electrical products, cutting replacement products and services, and metallized films and packaging businesses; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in a full range of banking activities.

Executives

Jack L Howard	director, 10 percent owner, officer: President	182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Gordon A. Walker	officer: Senior Vice President	KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Warren G Lichtenstein	director, 10 percent owner, officer: Executive Chairman	C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Eric P. Karros	director	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Rory H. Tahari	director	510 FIFTH AVENUE, NEW YORK NY 10036
Richard I Neal	director	C/O UNITED INDUSTRIAL CORPORATION, 124 INDUSTRY LANE, HUNT VALLEY MD 21030
John P Mcniff	director	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Lon Rosen	director	120 S. CARMELINA AVE., LOS ANGELES CA 90049
James Iii Benenson	director	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Douglas Woodworth	officer: Chief Financial Officer	STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Spv-i Llc	other: See Footnote 1	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Wgl Capital Corp.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Emh Howard Llc	other: See Footnote 1	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners, Ltd.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Fejes William Theodore Jr	officer: Chief Operating Officer	440 NORTH FIFTH AVENUE, CHAMBERSBURG PA 17201