ESAB (ESAB) Debt-to-Equity : 0.66 (As of Mar. 2024)

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What is ESAB Debt-to-Equity?

ESAB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $23 Mil. ESAB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,067 Mil. ESAB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,641 Mil. ESAB's debt to equity for the quarter that ended in Mar. 2024 was 0.66.

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

ESAB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.79 Max: 1.04
Current: 0.66

During the past 5 years, the highest Debt-to-Equity Ratio of ESAB was 1.04. The lowest was 0.04. And the median was 0.79.

ESAB's Debt-to-Equity is ranked worse than
74.9% of 2622 companies
in the Industrial Products industry
Industry Median: 0.29 vs ESAB: 0.66

ESAB Debt-to-Equity Historical Data

The historical data trend for ESAB'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.

ESAB Debt-to-Equity Chart

ESAB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.04

0.97

0.70

ESAB Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial										0.93	0.84	0.79	0.70	0.66

Competitive Comparison of ESAB's Debt-to-Equity

For the Metal Fabrication subindustry, ESAB'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.

ESAB's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ESAB's Debt-to-Equity distribution charts can be found below:

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

ESAB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ESAB'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
	=	(22.794	+	1094.666)	/	1607.399
	=	0.70

ESAB's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(22.936	+	1066.793)	/	1640.8
	=	0.66

ESAB (NYSE:ESAB) 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.

ESAB Debt-to-Equity Related Terms

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

ESAB (ESAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ESAB Corp (NYSE:ESAB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

O03:Germany

Address

909 Rose Avenue, 8th Floor, North Bethesda, MD, USA, 20852

Website

https://www.esabcorporation.com

ESAB, spun off from Colfax in 2022, is a leading manufacturer of equipment and consumables used in welding, cutting, and joining applications. Alongside competitors Lincoln Electric and ITW's Miller brand, ESAB is one of the top three players in the welding space. ESAB generated roughly $2.6 billion in revenue and $329 million in GAAP operating income in 2022.

Executives

Olivier Biebuyck	officer: President, EMEA	909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Shyam Kambeyanda	officer: President and CEO	2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808
Michele Campion	officer: Chief Human Resources Officer	909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Rhonda L Jordan	director	KRAFT FOODS INC, THREE LAKES DRIVE, NORTHFIELD IL 60093
Kevin J Johnson	officer: Chief Financial Officer	909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Christopher M Hix	director	2160 SATELLITE BLVD., SUITE 200, DULUTH GA 30097
Patrick W Allender	director	DANAHER CORP, 2099 PENNSYLVANIA AVE NW 12TH FL, WASHINGTON DC 20006
Rajiv Vinnakota	director	8730 STONY POINT PARKWAY, SUITE 150, RICHMOND VA 23235
John P Dion	officer: SVP, ESAB Business Excellence	909 ROSE AVE., 8TH FLOOR, NORTH BETHESDA MD 20852
Eleanor Lukens	officer: President, Americas	909 ROSE AVE., 8TH FLOOR, NORTH BETHESDA MD 20852
Mitchell P Rales	director	11790 GLEN ROAD, POTOMAC MD 20854
Curtis E Jewell	officer: SVP, General Counsel	909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Melissa Cummings	director	909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Stephanie M Phillipps	director	C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173
Didier P Teirlinck	director	INGERSOLL-RAND COMPANY, 155 CHESTNUT RIDGE ROAD, MONTVALE NJ 07645