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Park-Ohio Holdings (Park-Ohio Holdings) Debt-to-Equity : 2.48 (As of Mar. 2024)


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What is Park-Ohio Holdings Debt-to-Equity?

Park-Ohio Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $24 Mil. Park-Ohio Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $691 Mil. Park-Ohio Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $289 Mil. Park-Ohio Holdings's debt to equity for the quarter that ended in Mar. 2024 was 2.48.

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 Park-Ohio Holdings's Debt-to-Equity or its related term are showing as below:

PKOH' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.73   Med: 2.07   Max: 2.81
Current: 2.48

During the past 13 years, the highest Debt-to-Equity Ratio of Park-Ohio Holdings was 2.81. The lowest was 1.73. And the median was 2.07.

PKOH's Debt-to-Equity is ranked worse than
97.14% of 2622 companies
in the Industrial Products industry
Industry Median: 0.29 vs PKOH: 2.48

Park-Ohio Holdings Debt-to-Equity Historical Data

The historical data trend for Park-Ohio Holdings'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.

Park-Ohio Holdings Debt-to-Equity Chart

Park-Ohio Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.74 2.07 2.81 2.45

Park-Ohio Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.72 2.68 2.60 2.45 2.48

Competitive Comparison of Park-Ohio Holdings's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Park-Ohio Holdings'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.


Park-Ohio Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

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

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



Park-Ohio Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Park-Ohio Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Park-Ohio Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Park-Ohio Holdings  (NAS:PKOH) 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.


Park-Ohio Holdings Debt-to-Equity Related Terms

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


Park-Ohio Holdings (Park-Ohio Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6065 Parkland Boulevard, Cleveland, OH, USA, 44124
Park-Ohio Holdings Corp is a company, engaged in industrial supply chain logistics and diversified manufacturing business. It operates in three business segments namely Supply Technologies, Assembly Components and Engineered Products. Geographically, the business of the group is amplifying across the region of the United States, Asia, Europe, Canada, Mexico and others. The company derives most of the revenue from the Supply Technologies segment which provides the customer with total supply management services such as engineering and design support, supplier selection, quality assurance, barcoding, product packaging and tracking, just-in-time and point-of-use delivery and electronic billing services for a range of production components.
Executives
James W Wert director
Patrick W Fogarty officer: Director Corporate Development
Robert D Vilsack officer: Secretary & General Counsel
Moore Dan T Iii director
Hanna Howard W Iv director 6065 PARKLAND BLVD., CLEVELAND OH 44124
Matthew V Crawford director, 10 percent owner, officer: President & COO
Edward F Crawford director, 10 percent owner, officer: CEO, COB
Patrick V Auletta director 23000 EUCLID AVE, EUCLID OH 44117
Steven H Rosen director 6065 PARKLAND BOULEVARD, MAYFIELD HEIGHTS OH 44124
John D Grampa director MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Ronna Romney director
Mixon Aaron Malachi Iii director 800 SUPERIOR AVENUE, SUITE 1800, CLEVELAND OH 44107
W Scott Emerick officer: VP & CFO 29400 LAKELAND BOULEVARD, WICKLIFFE OH 44092
Kevin R Greene director
Jeffrey L Rutherford officer: Vice President & CFO 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799

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