Rainbow Polikarbonatnayi Ticaret Anonim Sirketi (IST:RNPOL) Debt-to-Equity : 1.35 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Rainbow Polikarbonatnayi Ticaret Anonim Sirketi Debt-to-Equity?

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺206.8 Mil. Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺150.8 Mil. Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₺265.6 Mil. Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's debt to equity for the quarter that ended in Sep. 2023 was 1.35.

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 Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's Debt-to-Equity or its related term are showing as below:

IST:RNPOL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 1.22 Max: 2.01
Current: 1.35

During the past 5 years, the highest Debt-to-Equity Ratio of Rainbow Polikarbonatnayi Ticaret Anonim Sirketi was 2.01. The lowest was 0.44. And the median was 1.22.

IST:RNPOL's Debt-to-Equity is ranked worse than
90.59% of 1392 companies
in the Chemicals industry
Industry Median: 0.36 vs IST:RNPOL: 1.35

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi Debt-to-Equity Historical Data

The historical data trend for Rainbow Polikarbonatnayi Ticaret Anonim Sirketi'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.

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi Debt-to-Equity Chart

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

2.01

1.92

1.29

0.44

0.84

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial										1.07	0.84	1.28	1.30	1.35

Competitive Comparison of Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's Debt-to-Equity

For the Specialty Chemicals subindustry, Rainbow Polikarbonatnayi Ticaret Anonim Sirketi'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.

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's Debt-to-Equity falls into.

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(125.862	+	71.578)	/	233.901
	=	0.84

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(206.791	+	150.775)	/	265.645
	=	1.35

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi (IST:RNPOL) 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.

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi Debt-to-Equity Related Terms

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

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi (IST:RNPOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rainbow Polikarbonat Sanayi Ticaret Anonim Sirketi (IST:RNPOL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Organize Sanayi Bolgesi 34, Cadde No: 27 Melikgazi, Kayseri, TUR

Website

https://www.rainbowpc.com.tr

Rainbow Polikarbonat Sanayi Ticaret Anonim Sirketi operates in the polycarbonate and polypropylene sectors. Its products include polycarbonate roof panel, rainbow greca sheet, polycarbonate H profile and U profile, among others.

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi (IST:RNPOL) Headlines

No Headlines