Eastman Chemical Co (EMN)
95.84
-0.30
(-0.31%)
USD |
NYSE |
Apr 26, 15:55
Eastman Chemical Debt to Equity Ratio: 0.8879 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.8879 |
| September 30, 2023 | 0.9753 |
| June 30, 2023 | 1.030 |
| March 31, 2023 | 1.089 |
| December 31, 2022 | 0.9996 |
| September 30, 2022 | 0.9408 |
| June 30, 2022 | 0.9376 |
| March 31, 2022 | 0.9101 |
| December 31, 2021 | 0.9045 |
| September 30, 2021 | 0.8967 |
| June 30, 2021 | 0.9334 |
| March 31, 2021 | 0.8863 |
| December 31, 2020 | 0.9328 |
| September 30, 2020 | 0.9654 |
| June 30, 2020 | 1.019 |
| March 31, 2020 | 1.029 |
| December 31, 2019 | 0.9705 |
| September 30, 2019 | 1.031 |
| June 30, 2019 | 1.083 |
| March 31, 2019 | 1.106 |
| December 31, 2018 | 1.063 |
| September 30, 2018 | 1.119 |
| June 30, 2018 | 1.175 |
| March 31, 2018 | 1.244 |
| December 31, 2017 | 1.210 |
| Date | Value |
|---|---|
| September 30, 2017 | 1.333 |
| June 30, 2017 | 1.43 |
| March 31, 2017 | 1.480 |
| December 31, 2016 | 1.455 |
| September 30, 2016 | 1.488 |
| June 30, 2016 | 1.555 |
| March 31, 2016 | 1.684 |
| December 31, 2015 | 1.778 |
| September 30, 2015 | 1.878 |
| June 30, 2015 | 1.946 |
| March 31, 2015 | 2.220 |
| December 31, 2014 | 2.151 |
| September 30, 2014 | 1.170 |
| June 30, 2014 | 1.230 |
| March 31, 2014 | 1.243 |
| December 31, 2013 | 1.121 |
| September 30, 2013 | 1.234 |
| June 30, 2013 | 1.422 |
| March 31, 2013 | 1.540 |
| December 31, 2012 | 1.625 |
| September 30, 2012 | 1.656 |
| June 30, 2012 | 1.806 |
| March 31, 2012 | 0.7877 |
| December 31, 2011 | 0.8545 |
| September 30, 2011 | 0.8376 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.8863
Minimum
Mar 2021
1.089
Maximum
Mar 2023
0.9695
Average
0.9654
Median
Sep 2020
Debt to Equity Ratio Benchmarks
| Air Products & Chemicals Inc | 0.8141 |
| Steel Dynamics Inc | 0.3464 |
| United States Steel Corp | 0.3822 |
| Solitario Resources Corp | -- |
| Paramount Gold Nevada Corp | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 14.63B |
| Total Liabilities (Quarterly) | 9.103B |
| Shareholders Equity (Quarterly) | 5.458B |
| Current Ratio | 1.351 |
| Net Debt Paydown Yield | 0.42% |