Element Solutions (FRA:PLQ) Debt-to-Equity : 0.83 (As of Mar. 2024)

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What is Element Solutions Debt-to-Equity?

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 Total Stockholders Equity for the quarter that ended in Mar. 2024 was €2,138 Mil. Element Solutions's debt to equity for the quarter that ended in Mar. 2024 was 0.83.

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

FRA:PLQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 0.83 Max: 2.63
Current: 0.83

During the past 13 years, the highest Debt-to-Equity Ratio of Element Solutions was 2.63. The lowest was 0.49. And the median was 0.83.

FRA:PLQ's Debt-to-Equity is ranked worse than
79.49% of 1399 companies
in the Chemicals industry
Industry Median: 0.35 vs FRA:PLQ: 0.83

Element Solutions Debt-to-Equity Historical Data

The historical data trend for Element Solutions'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.

Element Solutions Debt-to-Equity Chart

Element Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.69

0.66

0.78

0.82

0.84

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-Equity	Get a 7-Day Free Trial															0.80	0.89	0.91	0.84	0.83

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

For the Specialty Chemicals subindustry, Element Solutions'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.

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

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

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

Element Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Element Solutions'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
	=	(24.3	+	1761.557)	/	2135.234
	=	0.84

Element Solutions'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
	=	(10.58	+	1765.388)	/	2137.804
	=	0.83

Element Solutions (FRA:PLQ) 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.

Element Solutions Debt-to-Equity Related Terms

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

Element Solutions (FRA:PLQ) Business Description

Industry

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

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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