Clariant AG (Clariant AG) Debt-to-Equity : 0.67 (As of Dec. 2023)

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What is Clariant AG Debt-to-Equity?

Clariant AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $518 Mil. Clariant AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,042 Mil. Clariant AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,333 Mil. Clariant AG's debt to equity for the quarter that ended in Dec. 2023 was 0.67.

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

CLZNY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.63 Med: 0.84 Max: 1.16
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of Clariant AG was 1.16. The lowest was 0.63. And the median was 0.84.

CLZNY's Debt-to-Equity is ranked worse than
72.23% of 1397 companies
in the Chemicals industry
Industry Median: 0.35 vs CLZNY: 0.67

Clariant AG Debt-to-Equity Historical Data

The historical data trend for Clariant AG'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.

Clariant AG Debt-to-Equity Chart

Clariant AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.91

0.89

0.83

0.63

0.67

Clariant AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.83	0.57	0.63	0.52	0.67

Competitive Comparison of Clariant AG's Debt-to-Equity

For the Specialty Chemicals subindustry, Clariant AG'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.

Clariant AG's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Clariant AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Clariant AG'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
	=	(518.039	+	1041.859)	/	2333.488
	=	0.67

Clariant AG'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
	=	(518.039	+	1041.859)	/	2333.488
	=	0.67

Clariant AG (OTCPK:CLZNY) 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.

Clariant AG Debt-to-Equity Related Terms

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Clariant AG (Clariant AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Clariant AG (OTCPK:CLZNY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CLZNF:USA CLNz:UK 0QJS:UK CLRS:Germany CLN:Switzerland

Address

Rothausstrasse 61, Muttenz, CHE, 4132

Website

http://www.clariant.com

Clariant is a Switzerland-based specialty chemicals company with global operations. The company reports in three business areas: care chemicals, absorbents and additives, and catalysts. Care chemicals mainly targets consumer end markets such as personal care and homecare, but it also has an industrial component. Absorbents and additives encompass Clariant's coatings and adhesives, absorbents, and plastics segments. Catalysts manufacturers process catalysts, mainly for petrochemical and syngas plants.