ReTo Eco-Solutions (ReTo Eco-Solutions) Debt-to-Equity : -8.23 (As of Jun. 2023)

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What is ReTo Eco-Solutions Debt-to-Equity?

ReTo Eco-Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $9.79 Mil. ReTo Eco-Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.13 Mil. ReTo Eco-Solutions's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-1.33 Mil. ReTo Eco-Solutions's debt to equity for the quarter that ended in Jun. 2023 was -8.23.

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 ReTo Eco-Solutions's Debt-to-Equity or its related term are showing as below:

RETO' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.23 Med: 0.46 Max: 1.87
Current: -8.23

During the past 8 years, the highest Debt-to-Equity Ratio of ReTo Eco-Solutions was 1.87. The lowest was -8.23. And the median was 0.46.

RETO's Debt-to-Equity is not ranked
in the Building Materials industry.
Industry Median: 0.39 vs RETO: -8.23

ReTo Eco-Solutions Debt-to-Equity Historical Data

The historical data trend for ReTo Eco-Solutions'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.

ReTo Eco-Solutions Debt-to-Equity Chart

ReTo Eco-Solutions Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.34

0.49

0.30

0.43

1.87

ReTo Eco-Solutions Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial											0.81	0.43	0.48	1.87	-8.23

Competitive Comparison of ReTo Eco-Solutions's Debt-to-Equity

For the Building Materials subindustry, ReTo Eco-Solutions'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.

ReTo Eco-Solutions's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, ReTo Eco-Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ReTo Eco-Solutions's Debt-to-Equity falls into.

ReTo Eco-Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ReTo Eco-Solutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(6.625	+	1.319)	/	4.239
	=	1.87

ReTo Eco-Solutions's Debt to Equity Ratio for the quarter 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
	=	(9.785	+	1.131)	/	-1.327
	=	-8.23

ReTo Eco-Solutions (NAS:RETO) 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.

ReTo Eco-Solutions Debt-to-Equity Related Terms

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ReTo Eco-Solutions (ReTo Eco-Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » ReTo Eco-Solutions Inc (NAS:RETO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Beijing REIT Technology Development Co., Ltd., X-702, Runfengdeshangyuan, 60 Anli Road, Chaoyang District, Beijing, CHN, 100101

Website

http://www.retoeco.com

ReTo Eco-Solutions Inc is a manufacturer and distributor of eco-friendly construction materials and fly-ash, as well as equipment used to produce these eco-friendly construction materials. The company engaged in providing consultation, design, project implementation and construction of urban ecological environments for capturing, controlling and re-using rainwater. It operates through four segments namely Machinery and Equipment sales, Construction materials sales, Municipal Construction Projects, and Technology Consulting and other services. The company earns its revenue from Machinery and Equipment sales segment. Geographically, it derives a majority of its revenue from China.