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Nufarm (Nufarm) Debt-to-Equity : 0.55 (As of Sep. 2023)


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What is Nufarm Debt-to-Equity?

Nufarm's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $31 Mil. Nufarm's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $780 Mil. Nufarm's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,485 Mil. Nufarm's debt to equity for the quarter that ended in Sep. 2023 was 0.55.

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

NUFMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43   Med: 0.56   Max: 0.85
Current: 0.55

During the past 13 years, the highest Debt-to-Equity Ratio of Nufarm was 0.85. The lowest was 0.43. And the median was 0.56.

NUFMF's Debt-to-Equity is ranked worse than
59.26% of 216 companies
in the Agriculture industry
Industry Median: 0.35 vs NUFMF: 0.55

Nufarm Debt-to-Equity Historical Data

The historical data trend for Nufarm'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.

Nufarm Debt-to-Equity Chart

Nufarm Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.53 0.49 0.43 0.55

Nufarm Semi-Annual Data
Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.49 0.45 0.43 0.59 0.55

Competitive Comparison of Nufarm's Debt-to-Equity

For the Agricultural Inputs subindustry, Nufarm'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.

Nufarm's Debt-to-Equity Distribution in the Agriculture Industry

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

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


Nufarm Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nufarm's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
=(30.696 + 779.586) / 1484.505
=0.55

Nufarm's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(30.696 + 779.586) / 1484.505
=0.55

* 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.

Nufarm  (OTCPK:NUFMF) 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.

Nufarm Debt-to-Equity Related Terms

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

Nufarm (Nufarm) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nufarm Ltd (OTCPK:NUFMF) » Definitions » Debt-to-Equity
Comparable Companies
ASX:HFR ASX:MNB ASX:RLF ASX:TGH ASX:FTZ ASX:NRZ CTVA TSX:NTR CF SAU:2020 SZSE:000792 MOS MIC:PHOR OSL:YAR FMC NSE:PIIND MIC:AKRN ADX:FERTIGLB XTAE:ICL BOM:590024
Traded in Other Exchanges
NUF:Australia
Address
103-105 Pipe Road, Laverton North, Melbourne, VIC, AUS, 3026
Website
https://www.nufarm.com
Nufarm Limited is a global crop-protection company that develops, manufactures, and sells a range of crop-protection products, including herbicides, insecticides, and fungicides. Nufarm sells its products in most of the world's major agricultural regions, and operates primarily in the off-patent segment of the crop-protection market. Nufarm operates along two business lines: crop protection and seed technologies.