Debt / Equity is defined as:
Total Debt
(/) Total Common Equity
(=) Debt / Equity
Debt / Equity for Avantor is calculated as follows:
Total Debt [ 4.229 B]
(/) Total Common Equity [ 5.957 B ]
(=) Debt / Equity [ 71.0% ]
The tables below summarizes the trend in Avantor’s Debt / Equity over the last five years:
| Fiscal Year |
Total Debt |
Total Common Equity |
Debt / Equity |
| 2020-12-31 |
5.027 B |
1.671 B |
300.9% |
| 2021-12-31 |
7.136 B |
3.193 B |
223.5% |
| 2022-12-31 |
6.41 B |
4.855 B |
132.0% |
| 2023-12-31 |
5.661 B |
5.253 B |
107.8% |
| 2024-12-31 |
4.229 B |
5.957 B |
71.0% |
The tables below summarizes the trend in Avantor’s Debt / Equity over the last four quarters:
| Fiscal Quarter |
Total Debt |
Total Common Equity |
Debt / Equity |
| 2024-03-31 |
5.323 B |
5.336 B |
99.8% |
| 2024-06-30 |
5.115 B |
5.435 B |
94.1% |
| 2024-09-30 |
4.921 B |
5.553 B |
88.6% |
| 2024-12-31 |
4.229 B |
5.957 B |
71.0% |
The higher the ratio, the more debt the company has in its capital structure.
Read More on HBR: Debt / Equity Ratio
Click the link below to download a spreadsheet with an example Dividend Yield calculation for Avantor Inc below: