Air Liquide (XPAR:AI) Debt-to-Equity

: 0.50 (As of Dec. 2023)

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Air Liquide's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,465 Mil. Air Liquide's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €9,573 Mil. Air Liquide's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €24,322 Mil. Air Liquide's debt to equity for the quarter that ended in Dec. 2023 was 0.49.

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

XPAR:AI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.69 Max: 1
Current: 0.5

During the past 13 years, the highest Debt-to-Equity Ratio of Air Liquide was 1.00. The lowest was 0.50. And the median was 0.69.

XPAR:AI's Debt-to-Equity is ranked worse than
62.31% of 1393 companies
in the Chemicals industry
Industry Median: 0.35 vs XPAR:AI: 0.50

Air Liquide Debt-to-Equity Historical Data

The historical data trend for Air Liquide'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.

Air Liquide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.78

0.73

0.65

0.56

0.50

Air Liquide 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																0.65	0.64	0.56	0.58	0.50

Competitive Comparison

For the Specialty Chemicals subindustry, Air Liquide'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.

Air Liquide Debt-to-Equity Distribution

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

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

Air Liquide Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Air Liquide'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
	=	(2464.8	+	9572.8)	/	24321.5
	=	0.49

Air Liquide'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
	=	(2464.8	+	9572.8)	/	24321.5
	=	0.49

Air Liquide (XPAR:AI) 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.

Air Liquide Debt-to-Equity Related Terms

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Air Liquide (XPAR:AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Air Liquide SA (XPAR:AI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AIQUY:USA AIQUF:USA AI N:Mexico AIp:UK 0NWF:UK AIL:Germany AI:Austria

Address

75, Quai d'Orsay, Paris, FRA, 75007

Website

https://www.airliquide.com

Founded in 1902, Air Liquide is one of the leading industrial gas companies in the world, serving over 3.8 million customers in 78 countries. The company generated approximately EUR 29.9 billion of revenue in 2022, serving a wide range of industries, including chemicals, energy, healthcare, food and beverage, and electronics. The healthcare division serves around 1.8 million patients and 15,000 hospitals and clinics annually. Air Liquide employs approximately 65,000 people.