Reka Industrial (OHEL:REKA) Debt-to-Equity : 0.11 (As of Dec. 2023)

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What is Reka Industrial Debt-to-Equity?

Reka Industrial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.16 Mil. Reka Industrial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4.82 Mil. Reka Industrial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €55.21 Mil. Reka Industrial's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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 Reka Industrial's Debt-to-Equity or its related term are showing as below:

OHEL:REKA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 2.12 Max: 4.51
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Reka Industrial was 4.51. The lowest was 0.11. And the median was 2.12.

OHEL:REKA's Debt-to-Equity is ranked better than
73.15% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs OHEL:REKA: 0.11

Reka Industrial Debt-to-Equity Historical Data

The historical data trend for Reka Industrial'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.

Reka Industrial Debt-to-Equity Chart

Reka Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.59

3.38

2.44

0.83

0.11

Reka Industrial 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															2.44	1.65	0.83	0.10	0.11

Competitive Comparison of Reka Industrial's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Reka Industrial'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.

Reka Industrial's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Reka Industrial's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Reka Industrial's Debt-to-Equity falls into.

Reka Industrial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Reka Industrial's Debt to Equity Ratio for the fiscal year 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
	=	(1.164	+	4.818)	/	55.205
	=	0.11

Reka Industrial'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
	=	(1.164	+	4.818)	/	55.205
	=	0.11

Reka Industrial (OHEL:REKA) 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.

Reka Industrial Debt-to-Equity Related Terms

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

Reka Industrial (OHEL:REKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Reka Industrial PLC (OHEL:REKA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

QH7:Germany

Address

Kankurinkatu 4-6, Hyvinkaa, FIN, 05800

Website

https://www.rekaindustrial.fi

Reka Industrial PLC is an industrial company. The firm is committed to the long-term development of the performance and sustainable development of the companies it owns. Through the Group companies, the company is involved in the transformation of both the energy and vehicle industries. Its segments are Cable Industry and Rubber Industry. The Rubber Industry segment is the only industrial business segment of the company.

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