Andersons (Andersons) Debt-to-Equity

: 0.52 (As of Dec. 2023)

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Andersons's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $71 Mil. Andersons's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $595 Mil. Andersons's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,283 Mil. Andersons's debt to equity for the quarter that ended in Dec. 2023 was 0.52.

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

ANDE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 0.7 Max: 1.43
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Andersons was 1.43. The lowest was 0.47. And the median was 0.70.

ANDE's Debt-to-Equity is ranked better than
55.8% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.65 vs ANDE: 0.52

Andersons Debt-to-Equity Historical Data

The historical data trend for Andersons'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.

Andersons Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.31

1.43

1.09

0.76

0.52

Andersons Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.76	1.07	0.60	0.52	0.52

Competitive Comparison

For the Food Distribution subindustry, Andersons'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.

Andersons Debt-to-Equity Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Andersons's Debt-to-Equity distribution charts can be found below:

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

Andersons Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Andersons'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
	=	(70.667	+	594.619)	/	1282.899
	=	0.52

Andersons's Debt to Equity Ratio for the quarter 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
	=	(70.667	+	594.619)	/	1282.899
	=	0.52

Andersons (NAS:ANDE) 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.

Andersons Debt-to-Equity Related Terms

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

Andersons (Andersons) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Andersons Inc (NAS:ANDE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AKG:Germany

Address

1947 Briarfield Boulevard, PO Box 119, Maumee, OH, USA, 43537

Website

https://www.andersonsinc.com

Andersons Inc is an agriculture company that conducts business in North America. Its operations are segmented into trade, ethanol, plant nutrient, and rail. The trade group operates grain elevators and generates income through buying and selling grains, fuel, and space leasing. The trade group contributes over half the company's revenue. The ethanol segment buys and sells corn oil and ethanol, offers facility operations, and invests in ethanol plants. The plant nutrient group manufactures, distributes, and sells fertilizer and plant nutrients. The company's rail segment leases, repairs, and sells railway facilities.

Executives

Patrick E. Bowe	director, officer: President & CEO	P O BOX 119, MAUMEE OH 43537
Michael J Anderson	director	C/O INTERSTATE BAKERIES CORP, 12 EAST ARMOUR BLVD, KANSAS CITY MO 64111
Brian K. Walz	officer: VP-Treasurer	P.O. BOX 119, MAUMEE OH 43537
William E. Krueger	officer: President, ATG Comm. & Merch.	P.O. BOX 119, MAUMEE OH 43537
Sarah Zibbel	officer: EVP & Chief HR Officer	P.O. BOX 119, MAUMEE OH 43537
Anne G Rex	officer: VP, Strategy, Planning and Dev	PO BOX 119, MAUMEE OH 43537
Steven K. Campbell	director	P.O. BOX 119, MAUMEE OH 43537
Gary A. Douglas	director	P.O. BOX 119, MAUMEE OH 43537
King Robert J Jr	director	FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Pamela S Hershberger	director	P.O. BOX 119, MAUMEE OH 43537
Patrick S. Mullin	director	1500 KEY TOWER, 127 PUBLIC SQUARE, CLEVELAND OH 44114
Ross W Manire	director	150 CARLTON AVENUE, GLEN ELLYN IL 20137
Gerard M Anderson	director	ONE ENERGY PLAZA, LEGAL DEPARTMENT, DETROIT MI 48226
Catherine M Kilbane	director
Michael T. Hoelter	officer: Corporate Controller	P.O. BOX 119, MAUMEE OH 43537