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Tate & Lyle (Tate & Lyle) Debt-to-Equity : 0.53 (As of Sep. 2023)


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What is Tate & Lyle Debt-to-Equity?

Tate & Lyle's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $53 Mil. Tate & Lyle's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $739 Mil. Tate & Lyle's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,496 Mil. Tate & Lyle's debt to equity for the quarter that ended in Sep. 2023 was 0.53.

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 Tate & Lyle's Debt-to-Equity or its related term are showing as below:

TATYY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4   Med: 0.56   Max: 0.86
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Tate & Lyle was 0.86. The lowest was 0.40. And the median was 0.56.

TATYY's Debt-to-Equity is ranked worse than
57.36% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs TATYY: 0.53

Tate & Lyle Debt-to-Equity Historical Data

The historical data trend for Tate & Lyle'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.

Tate & Lyle Debt-to-Equity Chart

Tate & Lyle Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.52 0.54 0.42 0.60

Tate & Lyle Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.48 0.42 0.65 0.60 0.53

Competitive Comparison of Tate & Lyle's Debt-to-Equity

For the Packaged Foods subindustry, Tate & Lyle'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.

Tate & Lyle's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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


Tate & Lyle Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tate & Lyle's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
=(146.845 + 718.447) / 1442.961
=0.60

Tate & Lyle's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(53.218 + 738.861) / 1496.287
=0.53

* 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.

Tate & Lyle  (OTCPK:TATYY) 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.

Tate & Lyle Debt-to-Equity Related Terms

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Tate & Lyle (Tate & Lyle) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tate & Lyle PLC (OTCPK:TATYY) » Definitions » Debt-to-Equity
Comparable Companies
LSE:CWK LSE:PFD LSE:HFG LSE:BAKK LSE:GNC LSE:CARR LSE:ANP LSE:SALT LSE:SIS LSE:OHT XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND LSE:ABF SHSE:600887 SZSE:300999 MKC
Traded in Other Exchanges
TATYF:USA TATEl:UK TATE:UK TLYB:Germany
Address
5 Marble Arch, London, GBR, W1H 7EJ
Website
https://www.tateandlyle.com
Tate & Lyle is a global provider of food and beverage ingredients and solutions. Following the sale in 2022 of a controlling stake in its commodity ingredients business, as well as its exit from the sugar business a decade earlier, Tate & Lyle is now focused on specialty ingredients—sweeteners, starches, and soluble fiber. It has 2,700 employees and operates in over 140 countries, with most of its revenue generated in North America.