Croda International (Croda International) Debt-to-Equity : 0.30 (As of Dec. 2023)

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What is Croda International Debt-to-Equity?

Croda International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $64 Mil. Croda International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $835 Mil. Croda International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,978 Mil. Croda International's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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

COIHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.54 Max: 0.73
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of Croda International was 0.73. The lowest was 0.26. And the median was 0.54.

COIHF's Debt-to-Equity is ranked better than
54.33% of 1397 companies
in the Chemicals industry
Industry Median: 0.35 vs COIHF: 0.30

Croda International Debt-to-Equity Historical Data

The historical data trend for Croda International'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.

Croda International Debt-to-Equity Chart

Croda International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.73

0.57

0.53

0.26

0.30

Croda International 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															0.53	0.47	0.26	0.32	0.30

Competitive Comparison of Croda International's Debt-to-Equity

For the Specialty Chemicals subindustry, Croda International'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.

Croda International's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Croda International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Croda International'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
	=	(63.797	+	835.063)	/	2977.848
	=	0.30

Croda International'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
	=	(63.797	+	835.063)	/	2977.848
	=	0.30

Croda International (OTCPK:COIHF) 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.

Croda International Debt-to-Equity Related Terms

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

Croda International (Croda International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Croda International PLC (OTCPK:COIHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

COIHY:USA CRDAl:UK CRDA:UK 6CMB:Germany

Address

Cowick Hall, Snaith, Goole, East Yorkshire, GBR, DN14 9AA

Website

https://www.croda.com

Croda is a British specialty chemicals company with 60% of sales outside Europe. Croda operates through three segments: consumer care, life sciences, and industrial specialties. Consumer care produces specialty and active ingredients for cosmetics and skincare/haircare and also flavors and fragrances. The life sciences business manufactures products for healthcare and agrochemicals. The company sold the majority of its industrial businesses to Cargill in 2022, retaining only a subsegment of the business (housed under the industrial specialties segment) that supports the other two segments and sells their byproducts.

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