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Romi (BSP:ROMI3) Debt-to-Equity : 0.33 (As of Sep. 2024)


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What is Romi Debt-to-Equity?

Romi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R$163 Mil. Romi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R$231 Mil. Romi's Total Stockholders Equity for the quarter that ended in Sep. 2024 was R$1,200 Mil. Romi's debt to equity for the quarter that ended in Sep. 2024 was 0.33.

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

BSP:ROMI3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.33   Max: 0.78
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Romi was 0.78. The lowest was 0.17. And the median was 0.33.

BSP:ROMI3's Debt-to-Equity is ranked better than
59.86% of 147 companies
in the Industrial Distribution industry
Industry Median: 0.46 vs BSP:ROMI3: 0.33

Romi Debt-to-Equity Historical Data

The historical data trend for Romi'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.

Romi Debt-to-Equity Chart

Romi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.26 0.23 0.30 0.34

Romi Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.36 0.34 0.31 0.32 0.33

Competitive Comparison of Romi's Debt-to-Equity

For the Industrial Distribution subindustry, Romi'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.


Romi's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Romi's Debt-to-Equity distribution charts can be found below:

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



Romi Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Romi's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Romi  (BSP:ROMI3) 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.


Romi Debt-to-Equity Related Terms

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


Romi Business Description

Traded in Other Exchanges
N/A
Address
Rodovia SP 304, Km 141.5, Distrito Industrial, Santa Barbara d\'Oeste, SP, BRA, 13459-057
Romi SA is a supplier of machinery and equipment. Its business operations include the assembly and sale of capital goods in general, including machine tools, plastic injection molding machines, industrial equipment and accessories, castings, and parts. In addition, it manufactures and sells rough cast parts and machined cast parts. The company is organized into three business units, Romi Machinery, Burkhardt plus Weber Machinery, and Cast and Machined Products segment.

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