Recylex (FRA:MEP) Debt-to-Equity : -0.59 (As of Dec. 2020)

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What is Recylex Debt-to-Equity?

Recylex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was €17.7 Mil. Recylex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was €5.8 Mil. Recylex's Total Stockholders Equity for the quarter that ended in Dec. 2020 was €-40.0 Mil. Recylex's debt to equity for the quarter that ended in Dec. 2020 was -0.59.

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

FRA:MEP's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Recylex Debt-to-Equity Historical Data

The historical data trend for Recylex'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.

Recylex Debt-to-Equity Chart

Recylex Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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-1.14

-16.60

-1.18

-0.93

-0.59

Recylex Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Debt-to-Equity	Get a 7-Day Free Trial															-1.18	N/A	-0.93	-0.62	-0.59

Competitive Comparison of Recylex's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Recylex'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.

Recylex's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Recylex's Debt-to-Equity distribution charts can be found below:

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

Recylex Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Recylex's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(17.727	+	5.777)	/	-40.014
	=	-0.59

Recylex's Debt to Equity Ratio for the quarter that ended in Dec. 2020 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
	=	(17.727	+	5.777)	/	-40.014
	=	-0.59

Recylex (FRA:MEP) 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.

Recylex Debt-to-Equity Related Terms

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

Recylex (FRA:MEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Recylex SA (FRA:MEP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

79 Rue Jean-Jaques Rousseau, Suresnes Cedex, Paris, FRA, 92158

Website

http://www.recylex.fr

Recylex SA is specialized in the recycling of lead from used automotive and industrial batteries, zinc recycling from electrical steel mill dust and old zinc and recycling of polypropylene from used battery casings and other industrial waste such as car parts and construction waste. It is also engaged in the production of special metals used in the electronics sector, the optical industry and cutting-edge technologies. The company provides corporate services and also conducts business of processing scrap lead-acid batteries at two sites in France.

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