Element Solutions (ESI) Debt Metrics
Market Cap: $5.56B
Avg Volume: 2.75M
Industry: Chemicals - Specialty
Sector: Basic Materials
How much debt does Element Solutions have?
According to Element Solutions's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Element Solutions's total debt stands at $1.82B. This is broken down into:
- Long-term debt: $1.81B
- Short-term debt: $10.40M
The company's net debt, which accounts for cash and cash equivalents, is $1.46B. In terms of overall financial obligations, Element Solutions's total liabilities amount to $2.48B.
Debt Ratios and Metrics
To better understand Element Solutions's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.77 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 37.42% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 6.11 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 43.22% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 43.36% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Element Solutions'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
$1.82B
Long-term Debt
$1.81B
Short-term Debt
$10.40M
Net Debt
$1.46B
Total Liabilities
$2.48B
Interest Coverage
6.11
Debt to Equity Ratio
0.77
Debt Ratio
37.42%
Element Solutions Historical Debt Metrics
Element Solutions 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 | $1.82B | $1.81B | $10.40M | $1.46B | $2.48B | 0.77 | 37.42% | 6.11 | 43.22% | 43.36% |
| 2023 | $1.95B | $1.92B | $26.50M | $1.66B | $2.63B | 0.84 | 39.15% | 3.52 | 45.21% | 45.54% |
| 2022 | $1.90B | $1.96B | $27.40M | $1.63B | $2.55B | 0.81 | 38.65% | 6.35 | 44.68% | 44.83% |
| 2021 | $1.91B | $1.94B | $31.40M | $1.58B | $2.64B | 0.77 | 37.11% | 5.53 | 43.30% | 43.46% |
| 2020 | $1.52B | $1.55B | $23.80M | $1.22B | $2.17B | 0.65 | 33.80% | 2.85 | 39.40% | 39.51% |
| 2019 | $1.52B | $1.56B | $23.90M | $1.33B | $2.11B | 0.68 | 35.17% | 2.75 | 40.52% | 40.65% |
| 2018 | $5.38B | $5.35B | $25.30M | $5.14B | $7.22B | 2.55 | 57.18% | 0.80 | 71.73% | 71.82% |
| 2017 | $5.48B | $5.44B | $12.90M | $5.00B | $7.39B | 2.00 | 53.45% | 0.65 | 66.47% | 66.64% |
| 2016 | $5.24B | $5.12B | $116.10M | $4.82B | $7.17B | 1.92 | 52.11% | 0.67 | 65.19% | 65.70% |
| 2015 | $5.23B | $5.17B | $54.70M | $4.80B | $7.27B | 1.90 | 51.31% | 0.33 | 65.30% | 65.53% |
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