Rafina Innovations (Rafina Innovations) Debt-to-Equity : -0.21 (As of Mar. 2019)

Rafina Innovations Debt-to-Equity Chart

Rafina Innovations Annual Data
	Trend	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Debt-to-Equity		Get a 7-Day Free Trial					-19.45	-0.64	-	-0.05	-0.16

Rafina Innovations Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Debt-to-Equity	Get a 7-Day Free Trial															-0.94	-0.15	-0.22	-0.16	-0.21

Competitive Comparison of Rafina Innovations's Debt-to-Equity

For the Medical Devices subindustry, Rafina Innovations'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.

Rafina Innovations's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Rafina Innovations's Debt-to-Equity distribution charts can be found below:

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

Rafina Innovations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rafina Innovations's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Rafina Innovations's Debt to Equity Ratio for the quarter that ended in Mar. 2019 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.

Rafina Innovations  (OTCPK:VICA) 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.

Rafina Innovations Debt-to-Equity Related Terms

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Rafina Innovations (Rafina Innovations) Business Description