Element Solutions Inc (ESI)

Debt-to-equity ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 2,383,000 2,328,500 2,332,500 2,480,700 2,319,800
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,383,000K
= 0.00

The debt-to-equity ratio for Element Solutions Inc. has remained consistently at 0.00 across all reported periods from December 31, 2020, through December 31, 2024. This indicates that the company has not reported any long-term or short-term debt on its balance sheets during these years, suggesting a capital structure that is purely equity-financed or that debt levels are negligible or non-existent. Such a position reflects a conservative approach to leverage, potentially reducing financial risk but also possibly limiting the company’s capacity for leveraging debt to fund growth initiatives. The stability of a zero debt-to-equity ratio over multiple periods underscores a consistent financial strategy of maintaining minimal or no indebtedness relative to equity.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-equity ratio
Element Solutions Inc
ESI
0.00
Cabot Corporation
CBT
0.76
WD-40 Company
WDFC
0.37