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Alpek (FRA:27A) Debt-to-Equity : 1.44 (As of Sep. 2024)


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What is Alpek Debt-to-Equity?

Alpek's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €123 Mil. Alpek's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €1,877 Mil. Alpek's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €1,393 Mil. Alpek's debt to equity for the quarter that ended in Sep. 2024 was 1.44.

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

FRA:27A' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62   Med: 0.92   Max: 1.44
Current: 1.44

During the past 13 years, the highest Debt-to-Equity Ratio of Alpek was 1.44. The lowest was 0.62. And the median was 0.92.

FRA:27A's Debt-to-Equity is ranked worse than
92.35% of 1398 companies
in the Chemicals industry
Industry Median: 0.36 vs FRA:27A: 1.44

Alpek Debt-to-Equity Historical Data

The historical data trend for Alpek'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.

Alpek Debt-to-Equity Chart

Alpek Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.83 0.81 0.91 1.28

Alpek Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 1.28 1.25 1.28 1.44

Competitive Comparison of Alpek's Debt-to-Equity

For the Specialty Chemicals subindustry, Alpek'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.


Alpek's Debt-to-Equity Distribution in the Chemicals Industry

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

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



Alpek Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alpek's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Alpek's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* 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.


Alpek  (FRA:27A) 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.


Alpek Debt-to-Equity Related Terms

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


Alpek Business Description

Traded in Other Exchanges
Address
Avenida Gomez Morin Sur No. 1111, Col. Carrizalejo, San Pedro Garza Garcia, NL, MEX, 66254
Alpek SA is a petrochemical company with operations through two business segments: Polyester and Plastic and Chemicals. The Polyester segment comprises the production of purified terephthalic acid (PTA), polyethylene terephthalate (PET), recycled PET (rPET), and polyester fibers, which are mainly used for food and beverage packaging, textile and industrial filament markets, and The Plastics & Chemicals business segment comprises the production of polypropylene (PP), expandable styrene (EPS and Arcel), fertilizers and other chemicals, which serves a wide range of markets, including the consumer goods, automotive, construction, agriculture, pharmaceutical, and other markets. The company derives a majority of its revenue from the polyester segment.

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