Glanbia (Glanbia) Debt-to-Equity : 0.36 (As of Dec. 2023)

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What is Glanbia Debt-to-Equity?

Glanbia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $129 Mil. Glanbia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $643 Mil. Glanbia's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,133 Mil. Glanbia's debt to equity for the quarter that ended in Dec. 2023 was 0.36.

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

GLAPY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.53 Max: 0.78
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Glanbia was 0.78. The lowest was 0.36. And the median was 0.53.

GLAPY's Debt-to-Equity is ranked better than
53.84% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs GLAPY: 0.36

Glanbia Debt-to-Equity Historical Data

The historical data trend for Glanbia'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.

Glanbia Debt-to-Equity Chart

Glanbia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.52

0.48

0.55

0.54

0.36

Glanbia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.55	0.53	0.54	0.40	0.36

Competitive Comparison of Glanbia's Debt-to-Equity

For the Packaged Foods subindustry, Glanbia'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.

Glanbia's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Glanbia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Glanbia'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
	=	(129	+	642.8)	/	2132.6
	=	0.36

Glanbia'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
	=	(129	+	642.8)	/	2132.6
	=	0.36

Glanbia (OTCPK:GLAPY) 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.

Glanbia Debt-to-Equity Related Terms

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Glanbia (Glanbia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Glanbia PLC (OTCPK:GLAPY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GLAPF:USA GL9:Ireland GLB:UK

Address

Ring Road, Glanbia House, Kilkenny, IRL, R95 E866

Website

https://www.glanbia.com

Meaning "pure food" in Irish, Glanbia is a global ingredient and branded performance nutrition manufacturer present in 32 countries with sales in 130 countries and over 7,500 employees. Originating in Ireland in the 1960s in the dairy processing industry, predecessor companies were initially listed in 1988 before Glanbia came into being in 1999. Production facilities are concentrated in Ireland, the U.K., Germany, the United States, and China. Glanbia processes over 6 billion liters of milk annually and is also a major producer of U.S. cheddar cheese. Glanbia generates more than 80% of its revenue in the United States.