IMI (FRA:IMI1) Debt-to-Equity : 0.72 (As of Dec. 2023)

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What is IMI Debt-to-Equity?

IMI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €161 Mil. IMI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €704 Mil. IMI's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,196 Mil. IMI's debt to equity for the quarter that ended in Dec. 2023 was 0.72.

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

FRA:IMI1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 0.7 Max: 1.04
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of IMI was 1.04. The lowest was 0.48. And the median was 0.70.

FRA:IMI1's Debt-to-Equity is ranked worse than
77.69% of 2631 companies
in the Industrial Products industry
Industry Median: 0.29 vs FRA:IMI1: 0.72

IMI Debt-to-Equity Historical Data

The historical data trend for IMI'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.

IMI Debt-to-Equity Chart

IMI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.74

0.66

0.92

1.04

0.72

IMI 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															0.92	1.04	1.04	0.96	0.72

Competitive Comparison of IMI's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, IMI'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.

IMI's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IMI's Debt-to-Equity distribution charts can be found below:

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

IMI Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IMI'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
	=	(160.997	+	703.885)	/	1195.814
	=	0.72

IMI'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
	=	(160.997	+	703.885)	/	1195.814
	=	0.72

IMI (FRA:IMI1) 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.

IMI Debt-to-Equity Related Terms

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

IMI (FRA:IMI1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IMI plc (FRA:IMI1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IMIUY:USA IMIAF:USA IMIl:UK IMI:UK

Address

Lakeside, Solihull Parkway, Birmingham Business Park, Birmingham, GBR, B37 7XZ

Website

https://www.imiplc.com

IMI plc is a specialized engineering company that manufactures and services products for controlling the movement of air and fluids. It develops technologies centered around valves and actuators to improve processes. The company's segments are grouped into five sectors: Process Automation, Industrial Automation, Life Science and Fluid Control, Climate Control, and Transport. Solutions can help with power generation in nuclear power plants, fuel delivery, or provide heating and cooling systems to various buildings. Customers work in energy, transportation, infrastructure, and other industrial sectors. It operates a global service network to provide maintenance and repairs. Revenue based on customer location is fairly split between Western Europe, North America, and emerging markets.

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