Rangdong Light Source & Vacuum Flask JSC (STC:RAL) Debt-to-Equity : 1.10 (As of Mar. 2024)

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What is Rangdong Light Source & Vacuum Flask JSC Debt-to-Equity?

Rangdong Light Source & Vacuum Flask JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫3,489,845 Mil. Rangdong Light Source & Vacuum Flask JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫837 Mil. Rangdong Light Source & Vacuum Flask JSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫3,168,934 Mil. Rangdong Light Source & Vacuum Flask JSC's debt to equity for the quarter that ended in Mar. 2024 was 1.10.

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 Rangdong Light Source & Vacuum Flask JSC's Debt-to-Equity or its related term are showing as below:

STC:RAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.88 Med: 1.52 Max: 1.88
Current: 1.1

During the past 6 years, the highest Debt-to-Equity Ratio of Rangdong Light Source & Vacuum Flask JSC was 1.88. The lowest was 0.88. And the median was 1.52.

STC:RAL's Debt-to-Equity is ranked worse than
88.25% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs STC:RAL: 1.10

Rangdong Light Source & Vacuum Flask JSC Debt-to-Equity Historical Data

The historical data trend for Rangdong Light Source & Vacuum Flask JSC'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.

Rangdong Light Source & Vacuum Flask JSC Debt-to-Equity Chart

Rangdong Light Source & Vacuum Flask JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.67

1.71

1.68

0.88

1.04

Rangdong Light Source & Vacuum Flask JSC 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															1.04	1.09	1.14	1.04	1.10

Competitive Comparison of Rangdong Light Source & Vacuum Flask JSC's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Rangdong Light Source & Vacuum Flask JSC'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.

Rangdong Light Source & Vacuum Flask JSC's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rangdong Light Source & Vacuum Flask JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rangdong Light Source & Vacuum Flask JSC's Debt-to-Equity falls into.

Rangdong Light Source & Vacuum Flask JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rangdong Light Source & Vacuum Flask JSC'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
	=	(3102786.917	+	837.486)	/	2974272.46
	=	1.04

Rangdong Light Source & Vacuum Flask JSC'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
	=	(3489844.555	+	837.486)	/	3168934.339
	=	1.10

Rangdong Light Source & Vacuum Flask JSC (STC:RAL) 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.

Rangdong Light Source & Vacuum Flask JSC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Rangdong Light Source & Vacuum Flask JSC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Rangdong Light Source & Vacuum Flask JSC (STC:RAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rangdong Light Source & Vacuum Flask JSC (STC:RAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

87-89, Ha Dinh, Thanh Xuan Trung Ward, Thanh Xuan District, Ha Noi, VNM

Website

https://www.rangdong.com.vn

Rangdong Light Source & Vacuum Flask JSC is engaged in the manufacturing and trading of light products, electrical equipment, lighting tools, glass products and water thermos; service of science, technology and technology transfer; consulting and lighting design in civil and industrial; repairing and installing lighting equipment in civil and industrial and others.

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