Rank Progress (WAR:RNK) Debt-to-Equity : 0.05 (As of Mar. 2024)

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What is Rank Progress Debt-to-Equity?

Rank Progress's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł1.3 Mil. Rank Progress's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł23.8 Mil. Rank Progress's Total Stockholders Equity for the quarter that ended in Mar. 2024 was zł545.2 Mil. Rank Progress's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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 Rank Progress's Debt-to-Equity or its related term are showing as below:

WAR:RNK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.7 Max: 1.64
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Rank Progress was 1.64. The lowest was 0.00. And the median was 0.70.

WAR:RNK's Debt-to-Equity is ranked better than
91.89% of 1578 companies
in the Real Estate industry
Industry Median: 0.755 vs WAR:RNK: 0.05

Rank Progress Debt-to-Equity Historical Data

The historical data trend for Rank Progress'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.

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Rank Progress Debt-to-Equity Chart

Rank Progress Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

Rank Progress Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.63	0.60	0.61	0.01	0.05

Competitive Comparison of Rank Progress's Debt-to-Equity

For the Real Estate - Diversified subindustry, Rank Progress'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.

Rank Progress's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Rank Progress's Debt-to-Equity distribution charts can be found below:

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

Rank Progress Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rank Progress'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
	=	(1.349	+	1.454)	/	491.865
	=	0.01

Rank Progress's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(1.328	+	23.763)	/	545.232
	=	0.05

Rank Progress (WAR:RNK) 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.

Rank Progress Debt-to-Equity Related Terms

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Rank Progress (WAR:RNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Rank Progress SA (WAR:RNK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

63 Z?otoryjska, Legnica, POL, 59-220

Website

http://www.rankprogress.pl

Rank Progress SA is a Poland-based company engaged in property investment and development. It is engaged in renting and operating of own or leased real property, buying and selling of own real property and development of construction projects. The company's business model based on a purchase of a real estate, land integration, administrative preparation for development, construction works, and management or sale of a property. The company is also engaged in providing rental space to shopping centers in main cities across Poland.

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