5N Plus (TSX:VNP) Debt-to-Equity : 1.15 (As of Mar. 2024)

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What is 5N Plus Debt-to-Equity?

5N Plus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$2.6 Mil. 5N Plus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$200.2 Mil. 5N Plus's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$176.5 Mil. 5N Plus's debt to equity for the quarter that ended in Mar. 2024 was 1.15.

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 5N Plus's Debt-to-Equity or its related term are showing as below:

TSX:VNP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.39 Med: 0.49 Max: 1.34
Current: 1.15

During the past 13 years, the highest Debt-to-Equity Ratio of 5N Plus was 1.34. The lowest was 0.39. And the median was 0.49.

TSX:VNP's Debt-to-Equity is ranked worse than
87.68% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs TSX:VNP: 1.15

5N Plus Debt-to-Equity Historical Data

The historical data trend for 5N Plus'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.

5N Plus Debt-to-Equity Chart

5N Plus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.52

0.47

1.09

1.34

1.08

5N Plus 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															1.31	1.16	1.09	1.08	1.15

Competitive Comparison of 5N Plus's Debt-to-Equity

For the Specialty Chemicals subindustry, 5N Plus'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.

5N Plus's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, 5N Plus's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where 5N Plus's Debt-to-Equity falls into.

5N Plus Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

5N Plus'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
	=	(35.97	+	150.028)	/	172.519
	=	1.08

5N Plus'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
	=	(2.58	+	200.195)	/	176.514
	=	1.15

5N Plus (TSX:VNP) 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.

5N Plus Debt-to-Equity Related Terms

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5N Plus (TSX:VNP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » 5N Plus Inc (TSX:VNP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FPLSF:USA

Address

4385 Garand Street, Saint-Laurent, Montreal, QC, CAN, H4R 2B4

Website

https://www.5nplus.com

5N Plus Inc is a Canadian-based company producing specialty semiconductors and performance materials. The company operates in two segments Specialty Semiconductors and Performance Materials. The Specialty Semiconductors segment manufactures and sells products used in several applications such as renewable energy, space satellites and imaging. The Performance Materials segment manufactures and sells products that are used in several applications in pharmaceutical & healthcare, industrial, and catalytic and extractive. Main products are sold as active pharmaceutical ingredients, animal feed additives, specialized chemicals, commercial-grade metals, alloys, and engineered powders. The maximum revenue is derived from the Performance Materials segment.

Executives

Jean-marie Bourassa

Director

5N Plus (TSX:VNP) Headlines

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