Kronos Worldwide (STU:K1W) Debt-to-Equity : 0.58 (As of Mar. 2024)

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What is Kronos Worldwide Debt-to-Equity?

Kronos Worldwide's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3 Mil. Kronos Worldwide's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €409 Mil. Kronos Worldwide's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €712 Mil. Kronos Worldwide's debt to equity for the quarter that ended in Mar. 2024 was 0.58.

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

STU:K1W' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.58 Max: 0.86
Current: 0.58

During the past 13 years, the highest Debt-to-Equity Ratio of Kronos Worldwide was 0.86. The lowest was 0.38. And the median was 0.58.

STU:K1W's Debt-to-Equity is ranked worse than
66.55% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs STU:K1W: 0.58

Kronos Worldwide Debt-to-Equity Historical Data

The historical data trend for Kronos Worldwide'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.

Kronos Worldwide Debt-to-Equity Chart

Kronos Worldwide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.58

0.64

0.54

0.47

0.57

Kronos Worldwide 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															0.50	0.52	0.53	0.57	0.58

Competitive Comparison of Kronos Worldwide's Debt-to-Equity

For the Specialty Chemicals subindustry, Kronos Worldwide'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.

Kronos Worldwide's Debt-to-Equity Distribution in the Chemicals Industry

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

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

Kronos Worldwide Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kronos Worldwide'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
	=	(3.576	+	421.361)	/	741.211
	=	0.57

Kronos Worldwide'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
	=	(3.312	+	409.216)	/	712.448
	=	0.58

Kronos Worldwide (STU:K1W) 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.

Kronos Worldwide Debt-to-Equity Related Terms

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

Kronos Worldwide (STU:K1W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kronos Worldwide Inc (STU:K1W) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KRO:USA K1W:Germany

Address

5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620

Website

https://www.kronostio2.com

Kronos Worldwide Inc manufactures and sells titanium dioxide pigments. Titanium dioxide is a white inorganic pigment used in a variety of products. The majority of Kronos' sales come from titanium dioxide used for coatings on automobiles, aircraft, machines, appliances, traffic paint, and in both commercial and residential interiors and exteriors. The second- largest product category is titanium dioxide used for plastics such as packaging materials and food packaging, houseware, appliances, toys, and computer cases. The majority of revenue comes from the United States.

Kronos Worldwide (STU:K1W) Headlines

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