Advantage Solutions (Advantage Solutions) Debt-to-Equity : 1.73 (As of Dec. 2023)

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What is Advantage Solutions Debt-to-Equity?

Advantage Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $28.78 Mil. Advantage Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,888.23 Mil. Advantage Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,105.36 Mil. Advantage Solutions's debt to equity for the quarter that ended in Dec. 2023 was 1.73.

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

ADVWW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.85 Med: 1.6 Max: 2.11
Current: 1.73

During the past 8 years, the highest Debt-to-Equity Ratio of Advantage Solutions was 2.11. The lowest was 0.85. And the median was 1.60.

ADVWW's Debt-to-Equity is ranked worse than
87.8% of 844 companies
in the Media - Diversified industry
Industry Median: 0.28 vs ADVWW: 1.73

Advantage Solutions Debt-to-Equity Historical Data

The historical data trend for Advantage Solutions'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.

Advantage Solutions Debt-to-Equity Chart

Advantage Solutions Annual Data

Trend

Dec15

Dec16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.11

0.89

0.85

1.88

1.73

Advantage Solutions Quarterly Data
	Dec16	Mar17	Dec18	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															1.88	1.87	1.82	1.80	1.73

Competitive Comparison of Advantage Solutions's Debt-to-Equity

For the Advertising Agencies subindustry, Advantage Solutions'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.

Advantage Solutions's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Advantage Solutions's Debt-to-Equity distribution charts can be found below:

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

Advantage Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advantage Solutions'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
	=	(28.784	+	1888.225)	/	1105.362
	=	1.73

Advantage Solutions'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
	=	(28.784	+	1888.225)	/	1105.362
	=	1.73

Advantage Solutions (NAS:ADVWW) 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.

Advantage Solutions Debt-to-Equity Related Terms

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Advantage Solutions (Advantage Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Advantage Solutions Inc (NAS:ADVWW) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

ADV:USA

Address

15310 Barranca Parkway, Suite 100, Irvine, CA, USA, 92618

Website

https://www.advantagesolutions.net

Advantage Solutions Inc is the provider of outsourced sales and marketing solutions to consumer goods companies and retailers. It has a technology-enabled platform of sales and marketing services like headquarter sales, retail merchandising, in-store sampling, digital commerce, and shopper marketing. For brands and retailers of all sizes, the firm helps to get the right products on the shelf and into the hands of consumers. The company helps its clients to sell more while spending less. Advantage has offices throughout North America and strategic investments in select markets throughout Africa, Asia, Australia, and Europe through which it services the global needs of multinational, regional, and local manufacturers. Its services are provided across two segments sales and marketing.