Avantium NV (XAMS:AVTX) Debt-to-Equity : 0.94 (As of Jun. 2023)

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What is Avantium NV Debt-to-Equity?

Avantium NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €2.30 Mil. Avantium NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €57.51 Mil. Avantium NV's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €63.37 Mil. Avantium NV's debt to equity for the quarter that ended in Jun. 2023 was 0.94.

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

XAMS:AVTX' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.95 Med: 0.21 Max: 0.94
Current: 0.94

During the past 11 years, the highest Debt-to-Equity Ratio of Avantium NV was 0.94. The lowest was -4.95. And the median was 0.21.

XAMS:AVTX's Debt-to-Equity is ranked worse than
83.21% of 1394 companies
in the Chemicals industry
Industry Median: 0.35 vs XAMS:AVTX: 0.94

Avantium NV Debt-to-Equity Historical Data

The historical data trend for Avantium NV'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.

Avantium NV Debt-to-Equity Chart

Avantium NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.16

0.21

0.31

Avantium NV Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial													0.14	0.21	0.12	0.31	0.94

Competitive Comparison of Avantium NV's Debt-to-Equity

For the Specialty Chemicals subindustry, Avantium NV'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.

Avantium NV's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Avantium NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avantium NV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1.897	+	22.902)	/	81.128
	=	0.31

Avantium NV's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(2.301	+	57.51)	/	63.374
	=	0.94

Avantium NV (XAMS:AVTX) 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.

Avantium NV Debt-to-Equity Related Terms

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Avantium NV (XAMS:AVTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Avantium NV (XAMS:AVTX) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

AVTXF:USA 27V:Germany

Address

Zekeringstraat 29-31, Amsterdam, NLD, 1014 BV

Website

https://www.avantium.com

Avantium NV along with its subsidiaries is engaged in developing and commercializing next-generation bio-based plastics and chemicals based on its technological capabilities in advanced catalysis research and development. Avantium also provides solutions in the field of sustainable chemistry and provider of advanced catalyst testing technology. The company operates through Catalysis, R&D Solutions, Renewable Chemistries and Renewable Polymer segments.