Rubber Leaf (Rubber Leaf) Debt-to-Equity : -14.11 (As of Dec. 2023)

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What is Rubber Leaf Debt-to-Equity?

Rubber Leaf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.62 Mil. Rubber Leaf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.02 Mil. Rubber Leaf's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.26 Mil. Rubber Leaf's debt to equity for the quarter that ended in Dec. 2023 was -14.11.

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

RLEA' s Debt-to-Equity Range Over the Past 10 Years
Min: -14.11 Med: 4.59 Max: 70.96
Current: -14.11

During the past 3 years, the highest Debt-to-Equity Ratio of Rubber Leaf was 70.96. The lowest was -14.11. And the median was 4.59.

RLEA's Debt-to-Equity is not ranked
in the Chemicals industry.
Industry Median: 0.35 vs RLEA: -14.11

Rubber Leaf Debt-to-Equity Historical Data

The historical data trend for Rubber Leaf'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.

Rubber Leaf Debt-to-Equity Chart

Rubber Leaf Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

70.96

4.59

-14.11

Rubber Leaf Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					4.59	5.59	3.41	6.71	-14.11

Competitive Comparison of Rubber Leaf's Debt-to-Equity

For the Specialty Chemicals subindustry, Rubber Leaf'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.

Rubber Leaf's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rubber Leaf's Debt-to-Equity distribution charts can be found below:

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

Rubber Leaf Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rubber Leaf'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
	=	(3.619	+	0.021)	/	-0.258
	=	-14.11

Rubber Leaf's Debt to Equity Ratio for the quarter 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
	=	(3.619	+	0.021)	/	-0.258
	=	-14.11

Rubber Leaf (OTCPK:RLEA) 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.

Rubber Leaf Debt-to-Equity Related Terms

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

Rubber Leaf (Rubber Leaf) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rubber Leaf Inc (OTCPK:RLEA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qixing Road, Weng’ao Industrial Zone, Chunhu Subdistrict, Fenghua District Ningbo, Zhejiang, CHN

Website

http://www.rubberleaf.com.cn

Rubber Leaf Inc engages in the production and sales of synthetic rubber, rubber compound, car window seals, and auto parts. It derives revenue primarily through the sale of synthetic rubber, rubber compound, car window seals, and auto parts with two sales channels. The company managed and reviewed its business as two operating segments: direct supply and indirect supply models.

Executives

Hua Wang	director, officer: CFO	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Xingxiu Hua	director, 10 percent owner, officer: President	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Yongjun Hua	director	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701

Rubber Leaf (Rubber Leaf) Headlines

From GuruFocus

Insider Sell: President, 10% Owner Xingxiu Hua Sells 22,741 Shares of Rubber Leaf Inc (RLEA)

By GuruFocus Research • 09-09-2023