ALS (CPBLF) Debt-to-Equity : 1.78 (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is ALS Debt-to-Equity?

ALS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $110 Mil. ALS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,254 Mil. ALS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $768 Mil. ALS's debt to equity for the quarter that ended in Sep. 2024 was 1.78.

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

CPBLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 0.91 Max: 1.78
Current: 1.78

During the past 13 years, the highest Debt-to-Equity Ratio of ALS was 1.78. The lowest was 0.62. And the median was 0.91.

CPBLF's Debt-to-Equity is ranked worse than
85.89% of 914 companies
in the Business Services industry
Industry Median: 0.38 vs CPBLF: 1.78

ALS Debt-to-Equity Historical Data

The historical data trend for ALS'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.

ALS Debt-to-Equity Chart

ALS Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

1.32

0.91

1.11

1.06

1.58

ALS Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															1.13	1.06	1.12	1.58	1.78

Competitive Comparison of ALS's Debt-to-Equity

For the Consulting Services subindustry, ALS'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.

ALS's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ALS's Debt-to-Equity distribution charts can be found below:

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

ALS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ALS's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(208.328	+	1019.016)	/	775.934
	=	1.58

ALS's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(110.088	+	1253.69)	/	767.637
	=	1.78

ALS (OTCPK:CPBLF) 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.

ALS Debt-to-Equity Related Terms

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

ALS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ALS Ltd (OTCPK:CPBLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ALQ:Australia

Address

25 King Street, Level 9B, Bowen Hills, Brisbane, QLD, AUS, 4006

Website

https://www.alsglobal.com

Founded in the 1880s and listing on the ASX in 1952, ALS operates three divisions: commodities, life sciences, and industrial. ALS commodities traditionally generated the majority of underlying earnings, providing geochemistry, metallurgy, inspection and mine site services for the global mining industry. Expansion into environmental, pharmaceutical and food testing areas and commodity price weakness have lessened earnings exposure to commodities.