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Hiron-Trade Investments & Industrial Buildings (XTAE:HRON) Debt-to-Equity : 0.06 (As of Dec. 2023)


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What is Hiron-Trade Investments & Industrial Buildings Debt-to-Equity?

Hiron-Trade Investments & Industrial Buildings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪62.8 Mil. Hiron-Trade Investments & Industrial Buildings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪0.0 Mil. Hiron-Trade Investments & Industrial Buildings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪984.4 Mil. Hiron-Trade Investments & Industrial Buildings's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Hiron-Trade Investments & Industrial Buildings's Debt-to-Equity or its related term are showing as below:

XTAE:HRON' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.14   Max: 0.28
Current: 0.06

During the past 11 years, the highest Debt-to-Equity Ratio of Hiron-Trade Investments & Industrial Buildings was 0.28. The lowest was 0.05. And the median was 0.14.

XTAE:HRON's Debt-to-Equity is ranked better than
90.79% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs XTAE:HRON: 0.06

Hiron-Trade Investments & Industrial Buildings Debt-to-Equity Historical Data

The historical data trend for Hiron-Trade Investments & Industrial Buildings'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.

Hiron-Trade Investments & Industrial Buildings Debt-to-Equity Chart

Hiron-Trade Investments & Industrial Buildings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.16 0.10 0.05 0.06

Hiron-Trade Investments & Industrial Buildings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.10 0.08 0.08 0.06

Competitive Comparison of Hiron-Trade Investments & Industrial Buildings's Debt-to-Equity

For the Real Estate - Development subindustry, Hiron-Trade Investments & Industrial Buildings'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.


Hiron-Trade Investments & Industrial Buildings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hiron-Trade Investments & Industrial Buildings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hiron-Trade Investments & Industrial Buildings's Debt-to-Equity falls into.



Hiron-Trade Investments & Industrial Buildings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hiron-Trade Investments & Industrial Buildings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hiron-Trade Investments & Industrial Buildings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Hiron-Trade Investments & Industrial Buildings  (XTAE:HRON) 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.


Hiron-Trade Investments & Industrial Buildings Debt-to-Equity Related Terms

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Hiron-Trade Investments & Industrial Buildings (XTAE:HRON) Business Description

Traded in Other Exchanges
N/A
Address
20 Ben Zvi Street, Tel Aviv, Jaffa, ISR, 68162
Website
Hiron Trade Investments & Industrial Buildings Ltd. is engaged in real estate operations, import and export of wood, furniture, hardware and decorative items. It also engages in providing money lending services.

Hiron-Trade Investments & Industrial Buildings (XTAE:HRON) Headlines

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