Oil-Dri Corporation Of America

NYSE ODC

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Oil-Dri Corporation Of America Liabilities to Equity Ratio 3 year CAGR for the Trailing 12 Months (TTM) ending January 31, 2024: -0.54%

Oil-Dri Corporation Of America Liabilities to Equity Ratio 3 year CAGR is -0.54% for the Trailing 12 Months (TTM) ending January 31, 2024, a -105.11% change year over year. The liabilities to equity ratio, also known as the leverage ratio, measures the proportion of a company's total liabilities to its shareholders' equity. It is calculated by dividing the total liabilities by the shareholders' equity. This ratio provides insights into the extent to which a company relies on debt financing compared to equity financing. A higher ratio indicates higher financial leverage, which can amplify both returns and risks for the company's shareholders. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Oil-Dri Corporation Of America Liabilities to Equity Ratio for the Trailing 12 Months (TTM) ending January 31, 2023 was 0.64, a 29.87% change year over year.
  • Oil-Dri Corporation Of America Liabilities to Equity Ratio for the Trailing 12 Months (TTM) ending January 31, 2022 was 0.49, a -4.97% change year over year.
  • Oil-Dri Corporation Of America Liabilities to Equity Ratio for the Trailing 12 Months (TTM) ending January 31, 2021 was 0.52, a 9.26% change year over year.
  • Oil-Dri Corporation Of America Liabilities to Equity Ratio for the Trailing 12 Months (TTM) ending January 31, 2020 was 0.47, a -3.07% change year over year.
NYSE: ODC

Oil-Dri Corporation Of America

CEO Mr. Daniel S. Jaffee
IPO Date March 26, 1990
Location United States
Headquarters 410 North Michigan Avenue, Chicago, IL, United States, 60611-4213
Employees 884
Sector Basic Materials
Industry Specialty chemicals
Description

Oil-Dri Corporation of America, together with its subsidiaries, develops, manufactures, and markets sorbent products in the United States and internationally. It operates in two segments, Retail and Wholesale Products Group, and Business to Business Products Group. The company provides agricultural and horticultural products, including mineral-based absorbent products that serve as carriers for biological and chemical active ingredients, drying agents, and growing media under the Agsorb, Verge, and Flo-Fre brand names. It also offers animal health and nutrition products for the livestock industry under the Amlan, Calibrin, Varium, Neoprime, Sorbiam, Ambio P, Ambio S, MD-09, and Pel-Unite and Pel-Unite Plus brand names; and bleaching adsorbent products for bleaching, purification, and filtration applications under the Pure-Flo, Perform, Select, Metal-X, Metal-Z, and Ultra-Clear brand names. In addition, the company provides cat litter products, such as scoopable and non-clumping litters under the Cat's Pride and Jonny Cat brand names; industrial and automotive sorbent products from clay, polypropylene, and recycled materials that absorb oil, acid, paint, ink, water, and other liquids under the Oil-Dri brand name; and sports products for use on baseball, softball, football, cricket, and soccer fields under the Pro's Choice brand name. Its customers include mass merchandisers, wholesale clubs, drugstore chains, pet specialty retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, environmental service companies, and sports field product and sports turf material users; processors and refiners of edible oils, petroleum-based oils, and biodiesel fuel; manufacturers of animal feed and agricultural chemicals; distributors of animal health and nutrition products; and marketers of consumer products. Oil-Dri Corporation of America was founded in 1941 and is based in Chicago, Illinois.

StockViz Staff

September 20, 2024

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