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Glencore Debt-to-Equity

: 0.65 (As of Jun. 2022)
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Glencore's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $8,656 Mil. Glencore's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $22,085 Mil. Glencore's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $47,683 Mil. Glencore's debt to equity for the quarter that ended in Jun. 2022 was 0.64.

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

GLNCY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65   Med: 0.93   Max: 1.16
Current: 0.65

During the past 13 years, the highest Debt-to-Equity Ratio of Glencore was 1.16. The lowest was 0.65. And the median was 0.93.

GLNCY's Debt-to-Equity is ranked worse than
79.6% of 1137 companies
in the Metals & Mining industry
Industry Median: 0.14 vs GLNCY: 0.65

Glencore Debt-to-Equity Historical Data

The historical data trend for Glencore'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.

Glencore Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.77 0.92 1.00 0.87

Glencore Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 1.08 1.00 0.93 0.87 0.65

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Glencore'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.

   

Glencore Debt-to-Equity Distribution

For the Metals & Mining industry and Basic Materials sector, Glencore's Debt-to-Equity distribution charts can be found below:

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



Glencore Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Glencore's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Glencore's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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.


Glencore  (OTCPK:GLNCY) 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.


Glencore Debt-to-Equity Related Terms

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


Glencore Business Description

Glencore logo
Address
Baarermattstrasse 3, P.O. Box 1363, Baar, CHE, CH-6340
Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. The 2013 merger with diversified miner Xstrata propelled the company to become one of the world's largest commodity producers. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel and ferroalloys.

Glencore Headlines

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