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Syensqo (FRA:2NF) Debt-to-Asset : 0.18 (As of Sep. 2024)


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What is Syensqo Debt-to-Asset?

Syensqo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €393 Mil. Syensqo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €1,741 Mil. Syensqo's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was €12,150 Mil. Syensqo's debt to asset for the quarter that ended in Sep. 2024 was 0.18.

Syensqo Debt-to-Asset Historical Data

The historical data trend for Syensqo's Debt-to-Asset 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.

Syensqo Debt-to-Asset Chart

Syensqo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.49 0.51 0.46 0.43 0.18

Syensqo Quarterly Data
Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.18 0.18 0.18 0.18

Competitive Comparison of Syensqo's Debt-to-Asset

For the Chemicals subindustry, Syensqo's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Syensqo's Debt-to-Asset Distribution in the Chemicals Industry

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

* The bar in red indicates where Syensqo's Debt-to-Asset falls into.


Syensqo Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Syensqo's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(124 + 2159) / 12894
=0.18

Syensqo's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(393 + 1741) / 12150
=0.18

* 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.

Syensqo  (FRA:2NF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Syensqo Debt-to-Asset Related Terms

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

Syensqo Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Syensqo SA (FRA:2NF) » Definitions » Debt-to-Asset
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Traded in Other Exchanges
SYENSb:UK SYENS:Belgium
Address
Rue de la fusee 98, Brussels, BEL, 1130
Website
https://www.syensqo.com
Syensqo is a spinoff of Solvay, a Belgium-based producer of essential and specialty chemicals, founded in 1863. The demerger was undertaken in 2022 and encompasses Solvay's specialty chemicals and materials business units. Syensqo is a leading manufacturer of high-performance materials and specialty surfactants that operates through two main segments. The materials segment (60% of sales) includes specialty polymers and composite materials mainly for applications in autos, aerospace, and electronics. Consumer and resources (40% of sales) include Novecare, technology solutions, aroma performance, and oil and gas, and serves consumer goods end markets. Geographical exposure is well balanced with North America and the Asia-Pacific each contributing around 40% of sales and the rest from Europe.

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