Synthomer (FRA:7YC2) Debt-to-Equity : 0.81 (As of Dec. 2023)

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What is Synthomer Debt-to-Equity?

Synthomer's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €17 Mil. Synthomer's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,058 Mil. Synthomer's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,333 Mil. Synthomer's debt to equity for the quarter that ended in Dec. 2023 was 0.81.

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

FRA:7YC2' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.68 Max: 1.28
Current: 0.81

During the past 13 years, the highest Debt-to-Equity Ratio of Synthomer was 1.28. The lowest was 0.19. And the median was 0.68.

FRA:7YC2's Debt-to-Equity is ranked worse than
78.22% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs FRA:7YC2: 0.81

Synthomer Debt-to-Equity Historical Data

The historical data trend for Synthomer'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.

Synthomer Debt-to-Equity Chart

Synthomer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.19

1.17

0.65

1.28

0.81

Synthomer 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	Get a 7-Day Free Trial															0.65	1.16	1.28	1.14	0.81

Competitive Comparison of Synthomer's Debt-to-Equity

For the Specialty Chemicals subindustry, Synthomer'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.

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

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

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

Synthomer Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Synthomer'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
	=	(16.831	+	1058.381)	/	1333.248
	=	0.81

Synthomer'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
	=	(16.831	+	1058.381)	/	1333.248
	=	0.81

Synthomer (FRA:7YC2) 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.

Synthomer Debt-to-Equity Related Terms

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Synthomer (FRA:7YC2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Synthomer PLC (FRA:7YC2) » Definitions » Debt-to-Equity

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SYYYF:USA SYNTl:UK SYNT:UK

Address

45 Pall Mall, London, GBR, SW1Y 5JG

Website

https://www.synthomer.com

Synthomer PLC is a specialty chemicals company. It supplies a variety of chemicals including latex and adhesives, which are used in a wide range of markets such as construction, coatings, textiles, paper, and healthcare. The company's products include styrene-butadiene rubber, which is used to make coated paper, packaging, bindings for carpet, foam mattresses, pillows and shoes; and nitrile butadiene latex used to make medical gloves and catheters, among others. The company organizes itself into five segments: performance elastomers, functional solutions, industrial specialties, adhesive Technologies and acrylate monomers. A vast majority of the company's revenue is generated by the performance elastomers and functional solutions segments combined.

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