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Trinseo (Trinseo) Debt-to-Equity : -8.83 (As of Dec. 2023)


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What is Trinseo Debt-to-Equity?

Trinseo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $37 Mil. Trinseo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,329 Mil. Trinseo's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-268 Mil. Trinseo's debt to equity for the quarter that ended in Dec. 2023 was -8.83.

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

TSE' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.83   Med: 2.25   Max: 5.7
Current: -8.83

During the past 13 years, the highest Debt-to-Equity Ratio of Trinseo was 5.70. The lowest was -8.83. And the median was 2.25.

TSE's Debt-to-Equity is not ranked
in the Chemicals industry.
Industry Median: 0.35 vs TSE: -8.83

Trinseo Debt-to-Equity Historical Data

The historical data trend for Trinseo'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.

Trinseo Debt-to-Equity Chart

Trinseo 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 1.86 2.12 2.38 5.70 -8.83

Trinseo 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 5.70 6.35 112.71 -110.42 -8.83

Competitive Comparison of Trinseo's Debt-to-Equity

For the Specialty Chemicals subindustry, Trinseo'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.


Trinseo's Debt-to-Equity Distribution in the Chemicals Industry

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

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



Trinseo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Trinseo'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.


Trinseo  (NYSE:TSE) 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.


Trinseo Debt-to-Equity Related Terms

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


Trinseo (Trinseo) Business Description

Traded in Other Exchanges
Address
440 East Swedesford Road, Suite 301, Wayne, PA, USA, 19312
Trinseo PLC is a leading global materials company and manufacturer of latex and plastics products. The company's operating segments include latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and base plastics. The company is a global leader in styrene-butadiene latex and holds a strong market position in Europe and North America. Base plastics is the business line with the highest net sales and contains compounds and blends for automotive and other applications. Europe accounts for the highest net sales by geography and building and construction/sheet accounts for the highest net sales by end market.
Executives
Matthew Farrell director
Roger Greene officer: VP, GLOBAL CONTROLLER & PAO C/O TRINSEO PLC, 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087
David Phillip Stasse officer: See Remarks C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Jeanmarie F. Desmond director C/O E.I. DU PONT DE NEMOURS AND COMPANY, 974 CENTRE ROAD, BLDG. 730, WILMINGTON DE 19805
Timothy J Thomas officer: Vice President C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312
Angelo N. Chaclas officer: See Remarks C/O TRINSEO S.A., 1000 CHESTERBROOK BOULEVARD, SUITE 300, BERWYN PA 19312
Frank A Bozich officer: President and CEO PO BOX 1046, SCHENECTADY NY 12301
Philip R Martens director PLEXUS CORP., ONE PLEXUS WAY, NEENAH WI 54956
Kessel Bregje Van officer: SVP, Base Plastics 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087
Han Hendriks officer: Chief Technology Officer C/O TRINSEO PLC, 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087
Jeffrey J Cote director C/O SENSATA TECHNOLOGIES, INC., 529 PLEASANT STREET, ATTLEBORO MA 02703
M&g Investment Management Ltd 10 percent owner 10 FENCHURCH AVENUE, LONDON X0 EC3M 5AG
Bernard M Skeete officer: VP, CAO and Global Controller C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312
Joseph Alvarado director 705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002
Johanna Frisch officer: Treasurer C/O TRINSEO PLC, 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312

Trinseo (Trinseo) Headlines

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