MTX (Minerals Technologies) Debt-to-Equity : 0.56 (As of Dec. 2024)

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What is Minerals Technologies Debt-to-Equity?

Minerals Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $12 Mil. Minerals Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $960 Mil. Minerals Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $1,747 Mil. Minerals Technologies's debt to equity for the quarter that ended in Dec. 2024 was 0.56.

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

MTX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.67 Max: 1.39
Current: 0.56

During the past 13 years, the highest Debt-to-Equity Ratio of Minerals Technologies was 1.39. The lowest was 0.56. And the median was 0.67.

MTX's Debt-to-Equity is ranked worse than
64.51% of 1389 companies
in the Chemicals industry
Industry Median: 0.37 vs MTX: 0.56

Minerals Technologies Debt-to-Equity Historical Data

The historical data trend for Minerals Technologies'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.

Minerals Technologies Debt-to-Equity Chart

Minerals Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.64

0.66

0.67

0.61

0.56

Minerals Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.61	0.60	0.60	0.58	0.56

Competitive Comparison of Minerals Technologies's Debt-to-Equity

For the Specialty Chemicals subindustry, Minerals Technologies'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.

Minerals Technologies's Debt-to-Equity Distribution in the Chemicals Industry

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

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

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Minerals Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Minerals Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(11.6	+	959.6)	/	1747
	=	0.56

Minerals Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(11.6	+	959.6)	/	1747
	=	0.56

Minerals Technologies (NYSE:MTX) 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.

Minerals Technologies Debt-to-Equity Related Terms

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

Minerals Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Minerals Technologies Inc (NYSE:MTX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MNK:Germany

Address

622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707

Website

https://www.mineralstech.com

Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into two segments: The Consumer & Specialties segment that derives maximum revenue, serves consumer end markets directly with mineral-to-market finished products and also provides specialty mineral-based solutions and technologies that are an essential component of our customers' finished products. The Engineered Solutions segment serves industrial end markets with engineered systems, mineral blends, and technologies that are designed to improve our customers' manufacturing processes and projects. The majority of revenue comes from the United States.

Executives

Dj Iii Monagle	officer: Vice President	C/O MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017
Jonathan J Hastings	officer: Vice President	622 THIRD AVENUE, NEW YORK NY 10017
Brett Argirakis	officer: Vice President	622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Erin Cutler	officer: VP, Human Resources	622 THIRD AVENUE, 38TH FL, NEW YORK NY 10017
Douglas T Dietrich	officer: Vice President	622 THIRD AVENUE, NEW YORK X1 10017
Michael Cipolla	officer: CONTROLLER	C/O MINERALS TECHNOLOGIES INC, 622 THIRD AVENUE, NEW YORK NY 10017
Kristina M Johnson	director	19 HEATH PL, DURHAM NC 27705
Rocky Motwani	director	MINERALS TECHNOLOGIES INC., 622 3RD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Marc E Robinson	director	MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017
Alison Ann Deans	director	C/O NEUBERGER BERMAN, LLC, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Joseph C. Breunig	director	622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Carolyn K Pittman	director	622 THIRD AVENUE 38TH FL, MINERALS TECHNOLOGIES, NEW YORK NY 10017
Robert L Clark	director	C/O MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017
John J Carmola	director	622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Franklin Feder	director	MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017