Brenntag SE (WBO:BNR) Debt-to-Equity : 0.56 (As of Dec. 2023)

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What is Brenntag SE Debt-to-Equity?

Brenntag SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €278 Mil. Brenntag SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,120 Mil. Brenntag SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €4,305 Mil. Brenntag SE's debt to equity for the quarter that ended in Dec. 2023 was 0.56.

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

WBO:BNR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.68 Max: 0.83
Current: 0.56

During the past 13 years, the highest Debt-to-Equity Ratio of Brenntag SE was 0.83. The lowest was 0.56. And the median was 0.68.

WBO:BNR's Debt-to-Equity is ranked worse than
66.14% of 1397 companies
in the Chemicals industry
Industry Median: 0.35 vs WBO:BNR: 0.56

Brenntag SE Debt-to-Equity Historical Data

The historical data trend for Brenntag SE'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.

Brenntag SE Debt-to-Equity Chart

Brenntag SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.72

0.57

0.68

0.62

0.56

Brenntag SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.62	0.11	0.11	0.10	0.56

Competitive Comparison of Brenntag SE's Debt-to-Equity

For the Specialty Chemicals subindustry, Brenntag SE'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.

Brenntag SE's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Brenntag SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Brenntag SE'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
	=	(278.4	+	2119.7)	/	4304.7
	=	0.56

Brenntag SE'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
	=	(278.4	+	2119.7)	/	4304.7
	=	0.56

Brenntag SE (WBO:BNR) 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.

Brenntag SE Debt-to-Equity Related Terms

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Brenntag SE (WBO:BNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Brenntag SE (WBO:BNR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BNTGY:USA BNTGF:USA BNRd:UK 0MPT:UK BNR:Germany

Address

Messeallee 11, Essen, NW, DEU, 45131

Website

https://www.brenntag.com

Brenntag SE manufactures, distributes, and sells chemicals and chemical-based products in three categories: life science, material science, and environmental. Life science chemicals are used to produce cosmetics, food, animal nutrition, and pharmaceuticals. The material science chemicals are used to produce soaps and detergents, coatings, and paints as well as the extraction of oil and gas. Environmental chemicals are used in the water treatment process. The company organizes itself into four segments based on geography: North America; Latin America; Europe, Middle East, and Africa; and Asia-Pacific. More revenue comes from EMEA than any other segment.