Recycling Asset Holdings (Recycling Asset Holdings) Debt-to-Equity : 1.75 (As of Sep. 2019)

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What is Recycling Asset Holdings Debt-to-Equity?

Recycling Asset Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $5.20 Mil. Recycling Asset Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $8.61 Mil. Recycling Asset Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $7.92 Mil. Recycling Asset Holdings's debt to equity for the quarter that ended in Sep. 2019 was 1.74.

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 Recycling Asset Holdings's Debt-to-Equity or its related term are showing as below:

IDSA's Debt-to-Equity is not ranked ^*
in the Waste Management industry.
Industry Median: 0.7
* Ranked among companies with meaningful Debt-to-Equity only.

Recycling Asset Holdings Debt-to-Equity Historical Data

The historical data trend for Recycling Asset 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.

Recycling Asset Holdings Debt-to-Equity Chart

Recycling Asset Holdings Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

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0.97

0.47

0.69

0.77

Recycling Asset Holdings Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Debt-to-Equity	Get a 7-Day Free Trial															0.75	0.77	1.41	1.63	1.75

Competitive Comparison of Recycling Asset Holdings's Debt-to-Equity

For the Waste Management subindustry, Recycling Asset 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.

Recycling Asset Holdings's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Recycling Asset Holdings's Debt-to-Equity distribution charts can be found below:

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

Recycling Asset Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Recycling Asset Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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
	=	(4.293	+	4.218)	/	11.014
	=	0.77

Recycling Asset Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2019 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
	=	(5.203	+	8.61)	/	7.916
	=	1.74

Recycling Asset Holdings (NAS:IDSA) 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.

Recycling Asset Holdings Debt-to-Equity Related Terms

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Recycling Asset Holdings (Recycling Asset Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Recycling Asset Holdings Inc (NAS:IDSA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7100 Grade Lane, Louisville, KY, USA, 40213

Website

http://www.isa-inc.com

Industrial Services of America Inc is a waste and recycling company in the United States. It is engaged in the buying, processing, and marketing of ferrous and non-ferrous metals and other recyclable commodities and buys used autos in order to sell used auto parts. The company's business activity falls within a single segment - The Recycling Segment, which provides ferrous and non-ferrous recycling in four locations in the Midwest. It has operating locations in Louisville, Kentucky, and Seymour and New Albany, Indiana.

Executives

Daniel M Rifkin	10 percent owner	6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804
David Treadway Russell	director	1720 ENSLEY AVE, LOS ANGELES CA 90024