Element Solutions (FRA:PLQ) Debt-to-Asset : 0.39 (As of Mar. 2024)

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What is Element Solutions Debt-to-Asset?

Element Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €11 Mil. Element Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,765 Mil. Element Solutions's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €4,519 Mil. Element Solutions's debt to asset for the quarter that ended in Mar. 2024 was 0.39.

Element Solutions Debt-to-Asset Historical Data

The historical data trend for Element Solutions's Debt-to-Asset 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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Element Solutions Debt-to-Asset Chart

Element Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.36

0.34

0.38

0.39

Element Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.38	0.40	0.41	0.39	0.39

Competitive Comparison of Element Solutions's Debt-to-Asset

For the Specialty Chemicals subindustry, Element Solutions's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Element Solutions's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Element Solutions's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Element Solutions's Debt-to-Asset falls into.

Element Solutions Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Element Solutions's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(24.3	+	1761.557)	/	4561.25
	=	0.39

Element Solutions's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(10.58	+	1765.388)	/	4519.224
	=	0.39

Element Solutions (FRA:PLQ) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Element Solutions Debt-to-Asset Related Terms

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Element Solutions (FRA:PLQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Element Solutions Inc (FRA:PLQ) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

ESI:USA PLQ:Germany

Address

500 East Broward Boulevard, Suite 1860, Fort Lauderdale, FL, USA, 33394

Website

https://www.elementsolutionsinc.com

Element Solutions Inc is a specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. The company has two segments which are Electronics and Industrial & Specialty. The Industrial & Specialty segment researches, formulates and sells specialty chemicals and process technologies that enhance surfaces or improve industrial processes in diverse industrial sectors from automotive trim to transcontinental infrastructure and from high-speed printing to high-design faucets. The electronics segment researches, formulates and sells specialty chemicals and material process technologies for all types of electronics hardware, from complex printed circuit board designs to semiconductor packaging.

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