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Imerys (Imerys) Debt-to-Equity : 0.76 (As of Dec. 2023)


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What is Imerys Debt-to-Equity?

Imerys's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $618 Mil. Imerys's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,974 Mil. Imerys's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,407 Mil. Imerys's debt to equity for the quarter that ended in Dec. 2023 was 0.76.

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

IMYSF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.64   Med: 0.74   Max: 0.94
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Imerys was 0.94. The lowest was 0.64. And the median was 0.74.

IMYSF's Debt-to-Equity is ranked worse than
77.4% of 354 companies
in the Building Materials industry
Industry Median: 0.39 vs IMYSF: 0.76

Imerys Debt-to-Equity Historical Data

The historical data trend for Imerys'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.

Imerys Debt-to-Equity Chart

Imerys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.75 0.64 0.69 0.76

Imerys 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 N/A 0.58 N/A 0.76

Competitive Comparison of Imerys's Debt-to-Equity

For the Building Materials subindustry, Imerys'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.


Imerys's Debt-to-Equity Distribution in the Building Materials Industry

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

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



Imerys Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Imerys's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Imerys's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Imerys  (OTCPK:IMYSF) 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.


Imerys Debt-to-Equity Related Terms

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


Imerys (Imerys) Business Description

Traded in Other Exchanges
Address
43 quai de Grenelle, Paris, FRA, 75015
Imerys manufactures and sells mineral-based specialty applications for multiple industries, including construction, renovation, iron and steel, and automotive. The company is organized into two segments. The Performance Minerals segment comprise three geographic business areas - Europe, Middle East and Africa, Americas and the Asia Pacific. It mainly serves the plastics, rubber, paints & coatings, filtration, renewable energy and paper & board markets. The High-Temperature Materials & Solutions segment regroups two business areas High Temperature Solutions, and Refractory, Abrasives & Construction serving the iron and steel, thermal, refractory, foundry, abrasives and building & infrastructure markets.

Imerys (Imerys) Headlines