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

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What is Perimeter Solutions Debt-to-Equity?

Perimeter Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.9 Mil. Perimeter Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $687.5 Mil. Perimeter Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,051.7 Mil. Perimeter Solutions'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 Perimeter Solutions's Debt-to-Equity or its related term are showing as below:

PRM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.6 Max: 2.78
Current: 0.66

During the past 5 years, the highest Debt-to-Equity Ratio of Perimeter Solutions was 2.78. The lowest was 0.56. And the median was 0.60.

PRM's Debt-to-Equity is ranked worse than
70.96% of 1398 companies
in the Chemicals industry
Industry Median: 0.35 vs PRM: 0.66

Perimeter Solutions Debt-to-Equity Historical Data

The historical data trend for Perimeter 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.

Perimeter Solutions Debt-to-Equity Chart

Perimeter Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.78

2.36

0.61

0.60

Perimeter Solutions Quarterly Data
	Dec19	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												0.59	0.58	0.59	0.60	0.66

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

For the Specialty Chemicals subindustry, Perimeter 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.

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

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

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

Perimeter Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Perimeter 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
	=	(2.746	+	686.949)	/	1152.295
	=	0.60

Perimeter 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
	=	(2.907	+	687.528)	/	1051.658
	=	0.66

Perimeter Solutions (NYSE:PRM) 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.

Perimeter Solutions Debt-to-Equity Related Terms

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

Perimeter Solutions (Perimeter Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Perimeter Solutions SA (NYSE:PRM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6OL:Germany

Address

12E Rue Guillaume Kroll, Grand Duchy of Luxembourg, LUX, L-1882

Website

https://www.perimeter-solutions.com

Perimeter Solutions SA is a global manufacturer of firefighting products and lubricant additives. The company operates in two business segments namely Fire Safety and Specialty Products. Geographically, the company generates majority of the revenue from United States.

Executives

Khouri Haitham	director, officer: Chief Executive Officer	C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Tracy Britt Cool	director	C/O BERKSHIRE HATHAWAY INC., 3555 FARNAM STREET, OMAHA NE 68131
Windacre Partnership Master Fund, Lp	10 percent owner	2200 POST OAK BLVD., SUITE 1580, HOUSTON TX 77056
Charles W. Kropp	officer: Chief Financial Officer	C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Jeffrey Emery	officer: President - Global Fire Safety	C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Iversen Bernt G Ii	director	CHAMPION AEROSPACE INC, 1230 OLD NORRIS ROAD, LIBERTY SC 29657
Kevin M Stein	director	TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Edward D. Goldberg	director, officer: Chief Executive Officer	C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Windacre Partnership Llc	10 percent owner	2200 POST OAK BOULEVARD, SUITE 1580, HOUSTON TX 77056
Snehal Amin	10 percent owner	2200 POST OAK BLVD., SUITE 1580, HOU TX 77056
Sean P Hennessy	director	C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE NW, CLEVELAND OH 44115
Windacre General Partner Lp	10 percent owner	2200 POST OAK BLVD., SUITE 1580, HOUSTON TX 77056
Kremling Ernest C. Ii	officer: Chief Operating Officer	9555 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 600, HOUSTON TX 77099
Noriko Yokozuka	officer: General Counsel	C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000
Stephen Cornwall	officer: Chief Commercial Officer	C/O PERIMETER SOLUTIONS, SA, 12E RUE GUILLAUME KROLL L1882 LUXEMBOURG, GRAND DUCHY N4 00000