Elementis (Elementis) Debt-to-Equity

: 0.36 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

Elementis's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.9 Mil. Elementis's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $295.0 Mil. Elementis's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $847.3 Mil. Elementis's debt to equity for the quarter that ended in Dec. 2023 was 0.36.

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

EMNSF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.53 Max: 0.66
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Elementis was 0.66. The lowest was 0.01. And the median was 0.53.

EMNSF's Debt-to-Equity is ranked worse than
51.04% of 1397 companies
in the Chemicals industry
Industry Median: 0.35 vs EMNSF: 0.36

Elementis Debt-to-Equity Historical Data

The historical data trend for Elementis'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.

Elementis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.66

0.65

0.58

0.36

Elementis 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															0.58	0.56	0.58	0.42	0.36

Competitive Comparison

For the Specialty Chemicals subindustry, Elementis'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.

Elementis Debt-to-Equity Distribution

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

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

Elementis Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Elementis'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
	=	(5.9	+	295)	/	847.3
	=	0.36

Elementis'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
	=	(5.9	+	295)	/	847.3
	=	0.36

Elementis (OTCPK:EMNSF) 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.

Elementis Debt-to-Equity Related Terms

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

Elementis (Elementis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Elementis PLC (OTCPK:EMNSF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ELMTY:USA ELMl:UK ELM:UK E3E:Germany

Address

55-57 High Holborn, Caroline House, London, GBR, WC1V 6DX

Website

https://www.elementis.com

Elementis PLC manufactures and sells a variety of chemicals and coatings. The firm organizes itself into five segments based on product type: personal care, coatings, talc, and chromium. These segments produce chemical modifiers and additives for their respective products and services, which include anti-perspirants, decorative and industrial coatings, plastics, chrome metal finishing, and oil and gas drilling. Most of the company's revenue comes from North America, and coatings are the company's largest segment.