Acron PJSC (MIC:AKRN) Debt-to-Equity : 0.60 (As of Sep. 2023)

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What is Acron PJSC Debt-to-Equity?

Acron PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₽19,748 Mil. Acron PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₽75,258 Mil. Acron PJSC's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₽158,590 Mil. Acron PJSC's debt to equity for the quarter that ended in Sep. 2023 was 0.60.

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

MIC:AKRN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 1.15 Max: 4
Current: 0.6

During the past 13 years, the highest Debt-to-Equity Ratio of Acron PJSC was 4.00. The lowest was 0.48. And the median was 1.15.

MIC:AKRN's Debt-to-Equity is ranked worse than
65% of 220 companies
in the Agriculture industry
Industry Median: 0.345 vs MIC:AKRN: 0.60

Acron PJSC Debt-to-Equity Historical Data

The historical data trend for Acron PJSC'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.

Acron PJSC Debt-to-Equity Chart

Acron PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.47

1.46

2.76

N/A

0.55

Acron PJSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.55	0.48	0.49	0.60

Competitive Comparison of Acron PJSC's Debt-to-Equity

For the Agricultural Inputs subindustry, Acron PJSC'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.

Acron PJSC's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Acron PJSC's Debt-to-Equity distribution charts can be found below:

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

Acron PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acron PJSC'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
	=	(24639.831	+	48809.378)	/	132716.707
	=	0.55

Acron PJSC's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(19747.905	+	75258.235)	/	158589.504
	=	0.60

Acron PJSC (MIC:AKRN) 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.

Acron PJSC Debt-to-Equity Related Terms

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

Acron PJSC (MIC:AKRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Acron PJSC (MIC:AKRN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Krasnopresnenskaya Naberezhnaya, World Trade Centre, Moscow, RUS, 123610

Website

https://www.acron.ru

Acron PJSC is a Russian fertilizer producer and distributer to the agricultural industry globally. The company's segments are organized based on activity. Its segments include Acron (chemical production), Dorogobuzh (chemical production), logistics, trading, mining, and others. The company generates the vast majority of revenue through its trading and chemical production businesses. Through its large distribution and logistics activities, the company generates revenue in over 75 countries, with its largest markets being Latin America, Europe, and Russia.

Acron PJSC (MIC:AKRN) Headlines

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