York Timber Holdings (JSE:YRK) Debt-to-Equity : 0.15 (As of Dec. 2023)

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What is York Timber Holdings Debt-to-Equity?

York Timber Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R251 Mil. York Timber Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R163 Mil. York Timber Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R2,710 Mil. York Timber Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for York Timber Holdings's Debt-to-Equity or its related term are showing as below:

JSE:YRK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.23 Max: 0.35
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of York Timber Holdings was 0.35. The lowest was 0.14. And the median was 0.23.

JSE:YRK's Debt-to-Equity is ranked better than
75.09% of 265 companies
in the Forest Products industry
Industry Median: 0.48 vs JSE:YRK: 0.15

York Timber Holdings Debt-to-Equity Historical Data

The historical data trend for York Timber Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

York Timber Holdings Debt-to-Equity Chart

York Timber Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.23

0.22

0.16

York Timber Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.16	0.14	0.16	0.15

Competitive Comparison of York Timber Holdings's Debt-to-Equity

For the Lumber & Wood Production subindustry, York Timber Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

York Timber Holdings's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, York Timber Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where York Timber Holdings's Debt-to-Equity falls into.

York Timber Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

York Timber Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(164.538	+	259.3)	/	2682.931
	=	0.16

York Timber Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(251.402	+	163.109)	/	2709.666
	=	0.15

York Timber Holdings (JSE:YRK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

York Timber Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of York Timber Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

York Timber Holdings (JSE:YRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » York Timber Holdings Ltd (JSE:YRK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Main Road, York Corporate Office, P.O. Box 1191, Sabie, MP, ZAF, 1260

Website

http://www.york.co.za

York Timber Holdings Ltd is an integrated forestry company. The company's operating segment includes Processing plants; Wholesale, Forestry and Fleet and Agriculture. It generates maximum revenue from the Processing plants segment. The processing plants segment is divided into two divisions namely Sawmilling and Plywood. Geographically, it derives a majority of revenue from South Africa and also has a presence in the Southern Africa Development Community (SADC) and the United Kingdom, Belgium, China, and the United States of America.

York Timber Holdings (JSE:YRK) Headlines

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