How much debt does Ecovyst have?
According to Ecovyst's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Ecovyst's total debt stands at $42.19M. This is broken down into:
- Long-term debt: $50.19M
- Short-term debt: $30.33M
The company's net debt, which accounts for cash and cash equivalents, is $-103.83M. In terms of overall financial obligations, Ecovyst's total liabilities amount to $1.10B.
Debt Ratios and Metrics
To better understand Ecovyst's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.06 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 2.34% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 1.98 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 3.34% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 5.68% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Ecovyst'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
$42.19M
Long-term Debt
$50.19M
Short-term Debt
$30.33M
Net Debt
$-103.83M
Total Liabilities
$1.10B
Interest Coverage
1.98
Debt to Equity Ratio
0.06
Debt Ratio
2.34%
Ecovyst Historical Debt Metrics
Ecovyst 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 | $42.19M | $50.19M | $30.33M | $-103.83M | $1.10B | 0.06 | 2.34% | 1.98 | 3.34% | 5.68% |
| 2023 | $900.19M | $879.93M | $20.26M | $811.83M | $1.13B | 1.28 | 48.98% | 2.16 | 54.91% | 56.06% |
| 2022 | $903.10M | $893.52M | $20.01M | $792.20M | $1.18B | 1.28 | 47.92% | 2.81 | 55.04% | 56.08% |
| 2021 | $911.80M | $906.23M | $21.77M | $770.90M | $1.19B | 1.23 | 47.21% | 2.10 | 54.09% | 55.18% |
| 2020 | $1.43B | $1.42B | $8.91M | $1.32B | $1.92B | 1.12 | 44.68% | 1.69 | 52.30% | 52.81% |
| 2019 | $1.96B | $1.88B | $12.46M | $1.89B | $2.54B | 1.10 | 45.42% | 1.68 | 50.88% | 52.45% |
| 2018 | $2.11B | $2.11B | $7.24M | $2.06B | $2.66B | 1.27 | 48.85% | 1.61 | 55.96% | 56.02% |
| 2017 | $2.23B | $2.19B | $45.17M | $2.16B | $2.78B | 1.37 | 50.52% | 0.94 | 57.31% | 57.81% |
| 2016 | $2.56B | $2.55B | $14.48M | $2.49B | $3.23B | 2.50 | 60.15% | 0.60 | 71.35% | 71.47% |
| 2015 | $673.10M | $668.10M | $5.00M | $647.95M | $772.34M | 2.86 | 66.80% | 1.26 | 73.95% | 74.10% |
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