RHI Magnesita NV (WBO:RHIM) Debt-to-Equity : 1.67 (As of Dec. 2023)

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What is RHI Magnesita NV Debt-to-Equity?

RHI Magnesita NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €159 Mil. RHI Magnesita NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,842 Mil. RHI Magnesita NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,202 Mil. RHI Magnesita NV's debt to equity for the quarter that ended in Dec. 2023 was 1.67.

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 RHI Magnesita NV's Debt-to-Equity or its related term are showing as below:

WBO:RHIM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94 Med: 1.67 Max: 1.97
Current: 1.67

During the past 8 years, the highest Debt-to-Equity Ratio of RHI Magnesita NV was 1.97. The lowest was 0.94. And the median was 1.67.

WBO:RHIM's Debt-to-Equity is ranked worse than
94.54% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs WBO:RHIM: 1.67

RHI Magnesita NV Debt-to-Equity Historical Data

The historical data trend for RHI Magnesita NV'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.

RHI Magnesita NV Debt-to-Equity Chart

RHI Magnesita NV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.34

1.79

1.95

1.67

RHI Magnesita NV Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									1.95	1.61	1.67	1.37	1.67

Competitive Comparison of RHI Magnesita NV's Debt-to-Equity

For the Metal Fabrication subindustry, RHI Magnesita NV'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.

RHI Magnesita NV's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RHI Magnesita NV's Debt-to-Equity distribution charts can be found below:

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

RHI Magnesita NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RHI Magnesita NV'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
	=	(159.3	+	1841.9)	/	1201.7
	=	1.67

RHI Magnesita NV'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
	=	(159.3	+	1841.9)	/	1201.7
	=	1.67

RHI Magnesita NV (WBO:RHIM) 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.

RHI Magnesita NV Debt-to-Equity Related Terms

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RHI Magnesita NV (WBO:RHIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RHI Magnesita NV (WBO:RHIM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RHIMl:UK RHIM:UK RHF:Germany

Address

Kranichberggasse 6, Vienna, AUT, 1120

Website

https://www.rhimagnesita.com

RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production as well as the sale, installation, and maintenance of refractory products and systems. It has two main operating segments, Steel and Industrial. The Steel segment specializes in supporting customers in the steel-producing and steel-processing industry. Its Industrial segment serves customers in the glass, cement/lime, nonferrous metals and environment, energy, chemicals Industries. The company generates maximum revenue from the Steel segment. Its geographical markets are Europe, North America, Asia Pacific, South America, and MEA-CIS.

RHI Magnesita NV (WBO:RHIM) Headlines

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