The Andersons (ANDE) Debt Metrics
Market Cap: $1.30B
Avg Volume: 347.37K
Industry: Food Distribution
Sector: Consumer Defensive
How much debt does The Andersons have?
According to The Andersons's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
The Andersons's total debt stands at $231.93M. This is broken down into:
- Long-term debt: $65.31M
- Short-term debt: $166.61M
The company's net debt, which accounts for cash and cash equivalents, is $-329.85M. In terms of overall financial obligations, The Andersons's total liabilities amount to $2.52B.
Debt Ratios and Metrics
To better understand The Andersons's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.17 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 5.63% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 5.99 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 4.56% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 14.51% - this indicates the total debt in the company's capital structure.
These metrics provide insight into The Andersons's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$231.93M
Long-term Debt
$65.31M
Short-term Debt
$166.61M
Net Debt
$-329.85M
Total Liabilities
$2.52B
Interest Coverage
5.99
Debt to Equity Ratio
0.17
Debt Ratio
5.63%
The Andersons Historical Debt Metrics
The Andersons Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $231.93M | $65.31M | $166.61M | $-329.85M | $2.52B | 0.17 | 5.63% | 5.99 | 4.56% | 14.51% |
| 2023 | $665.29M | $594.62M | $301.71M | $21.43M | $2.34B | 0.52 | 17.26% | 5.40 | 30.20% | 34.15% |
| 2022 | $912.39M | $529.66M | $408.09M | $797.13M | $3.18B | 0.64 | 19.80% | 4.42 | 25.62% | 38.96% |
| 2021 | $1.17B | $631.81M | $553.63M | $949.41M | $3.26B | 1.09 | 25.52% | 5.53 | 35.89% | 52.09% |
| 2020 | $1.43B | $906.29M | $485.66M | $1.40B | $3.11B | 1.23 | 33.54% | 0.52 | 43.30% | 55.25% |
| 2019 | $1.28B | $1.06B | $227.57M | $1.22B | $2.72B | 1.06 | 32.59% | -0.29 | 45.56% | 51.54% |
| 2018 | $722.78M | $496.19M | $226.59M | $700.18M | $1.52B | 0.82 | 30.22% | 1.58 | 36.14% | 45.19% |
| 2017 | $494.54M | $442.64M | $76.20M | $459.62M | $1.34B | 0.60 | 22.87% | 1.43 | 33.74% | 37.58% |
| 2016 | $473.61M | $411.06M | $76.55M | $410.98M | $1.44B | 0.60 | 21.21% | 1.28 | 33.43% | 37.46% |
| 2015 | $480.98M | $436.21M | $44.78M | $417.23M | $1.58B | 0.61 | 20.39% | -0.68 | 35.76% | 38.03% |
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