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ALS (CPBLF) Debt-to-Equity : 1.12 (As of Sep. 2023)


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What is ALS Debt-to-Equity?

ALS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $260 Mil. ALS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $761 Mil. ALS's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $913 Mil. ALS's debt to equity for the quarter that ended in Sep. 2023 was 1.12.

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

CPBLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62   Med: 0.79   Max: 1.32
Current: 1.12

During the past 13 years, the highest Debt-to-Equity Ratio of ALS was 1.32. The lowest was 0.62. And the median was 0.79.

CPBLF's Debt-to-Equity is ranked worse than
76.34% of 930 companies
in the Business Services industry
Industry Median: 0.4 vs CPBLF: 1.12

ALS Debt-to-Equity Historical Data

The historical data trend for ALS'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.

ALS Debt-to-Equity Chart

ALS Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 1.32 0.91 1.11 1.06

ALS Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.91 1.11 1.13 1.06 1.12

Competitive Comparison of ALS's Debt-to-Equity

For the Consulting Services subindustry, ALS'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.


ALS's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ALS's Debt-to-Equity distribution charts can be found below:

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



ALS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

ALS's Debt to Equity Ratio for the quarter that ended in Sep. 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.


ALS  (OTCPK:CPBLF) 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.


ALS Debt-to-Equity Related Terms

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


ALS (CPBLF) Business Description

Traded in Other Exchanges
Address
299 Coronation Drive, Level 2, Milton, Brisbane, QLD, AUS, 4064
Founded in the 1880s and listing on the ASX in 1952, ALS operates three divisions: commodities, life sciences, and industrial. ALS commodities traditionally generated the majority of underlying earnings, providing geochemistry, metallurgy, inspection and mine site services for the global mining industry. Expansion into environmental, pharmaceutical and food testing areas and commodity price weakness have lessened earnings exposure to commodities.

ALS (CPBLF) Headlines

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