A Look Into Dow's Debt
Portfolio Pulse from Benzinga Insights
Dow Inc.'s shares have decreased by 6.41% over the past three months. The company's total debt stands at $15.26 billion, with $14.74 billion in long-term debt and $525 million in current debt. After adjusting for $3.32 billion in cash-equivalents, the net debt is $11.95 billion. The debt-ratio, considering Dow's $59.32 billion in total assets, is at 0.26.
July 14, 2023 | 7:30 pm
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Dow Inc.'s shares have seen a decrease, and the company has a significant amount of debt. However, the debt-ratio of 0.26 is not alarming.
The decrease in Dow Inc.'s shares and the company's high debt could be concerning for investors. However, the debt-ratio of 0.26, which is not too high, indicates that the company's assets fund a large portion of the debt, reducing the risk of defaulting on loans.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100