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RoboGroup TEK (XTAE:ROBO) Debt-to-Equity : 0.38 (As of Dec. 2023)


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What is RoboGroup TEK Debt-to-Equity?

RoboGroup TEK's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪10.18 Mil. RoboGroup TEK's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪2.91 Mil. RoboGroup TEK's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪34.31 Mil. RoboGroup TEK's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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

XTAE:ROBO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.38   Max: 1.26
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of RoboGroup TEK was 1.26. The lowest was 0.14. And the median was 0.38.

XTAE:ROBO's Debt-to-Equity is ranked worse than
58.19% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs XTAE:ROBO: 0.38

RoboGroup TEK Debt-to-Equity Historical Data

The historical data trend for RoboGroup TEK'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.

RoboGroup TEK Debt-to-Equity Chart

RoboGroup TEK Annual Data
Trend Dec03 Dec04 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.14 0.20 0.20 0.38

RoboGroup TEK Semi-Annual Data
Jun01 Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec16 Dec17 Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.18 0.20 0.28 0.38

Competitive Comparison of RoboGroup TEK's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, RoboGroup TEK'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.


RoboGroup TEK's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, RoboGroup TEK's Debt-to-Equity distribution charts can be found below:

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



RoboGroup TEK Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RoboGroup TEK's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

RoboGroup TEK's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


RoboGroup TEK  (XTAE:ROBO) 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.


RoboGroup TEK Debt-to-Equity Related Terms

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


RoboGroup TEK (XTAE:ROBO) Business Description

Traded in Other Exchanges
Address
13 Hamelacha Street, Afek Industrial Park, Rosh Ha'Ayin, ISR, 48091
RoboGroup TEK Ltd is a global, diversified enterprise with proprietary technologies. It has technologies in the fields of robotics, motion control and technology education. The company has taken its engineering and management expertise in the fields of automation, motion control, and algorithmic functions and developed several businesses related to these technologies. Its products include intelitek; Coderz.

RoboGroup TEK (XTAE:ROBO) Headlines