DSM Firmenich AG (HAM:ZX6) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is DSM Firmenich AG Debt-to-Equity?

DSM Firmenich AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €716 Mil. DSM Firmenich AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4,114 Mil. DSM Firmenich AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €22,908 Mil. DSM Firmenich AG's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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 DSM Firmenich AG's Debt-to-Equity or its related term are showing as below:

HAM:ZX6' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.25 Max: 0.29
Current: 0.21

During the past 3 years, the highest Debt-to-Equity Ratio of DSM Firmenich AG was 0.29. The lowest was 0.21. And the median was 0.25.

HAM:ZX6's Debt-to-Equity is ranked better than
67.62% of 1646 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs HAM:ZX6: 0.21

DSM Firmenich AG Debt-to-Equity Historical Data

The historical data trend for DSM Firmenich AG'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.

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DSM Firmenich AG Debt-to-Equity Chart

DSM Firmenich AG Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.29

0.21

DSM Firmenich AG Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	N/A	0.22	0.29	0.23	0.21

Competitive Comparison of DSM Firmenich AG's Debt-to-Equity

For the Household & Personal Products subindustry, DSM Firmenich AG'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.

DSM Firmenich AG's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DSM Firmenich AG's Debt-to-Equity distribution charts can be found below:

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

DSM Firmenich AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DSM Firmenich AG'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
	=	(716	+	4114)	/	22908
	=	0.21

DSM Firmenich AG'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
	=	(716	+	4114)	/	22908
	=	0.21

DSM Firmenich AG (HAM:ZX6) 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.

DSM Firmenich AG Debt-to-Equity Related Terms

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DSM Firmenich AG (HAM:ZX6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DSM Firmenich AG (HAM:ZX6) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DSFIR:Netherlands DSFIRa:UK 0AC9:UK ZX6:Germany DSFI:Austria

Address

Wurmisweg 576, Kaiseraugst, CHE, 4303

Website

https://www.dsm-firmenich.com/corporate/home.html

DSM-Firmenich is a global science-based company formed in 2023 through the merger of DSM, a Dutch nutrition, health, and sustainable living player, and Switzerland-based Firmenich, the third-largest player in the flavor and fragrance market. The company serves a wide range of end-consumer markets providing nutrition solutions ranging from animal feed to medical and early-life nutrition, fragrances for personal-, home-, and laundry-care brands, prestige perfumes, and other ingredients for food and beverage, home, and personal care. DSM-Firmenich has nearly 30,000 employees, with more than 2,000 scientists and engineers spread across 15 research and development facilities.

DSM Firmenich AG (HAM:ZX6) Headlines

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