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RAY (Raytech Holding) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is Raytech Holding Debt-to-Equity?

Raytech Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Raytech Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Raytech Holding's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $9.41 Mil. Raytech Holding's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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

During the past 4 years, the highest Debt-to-Equity Ratio of Raytech Holding was 0.01. The lowest was 0.00. And the median was 0.01.

RAY's Debt-to-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.38
* Ranked among companies with meaningful Debt-to-Equity only.

Raytech Holding Debt-to-Equity Historical Data

The historical data trend for Raytech Holding'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.

Raytech Holding Debt-to-Equity Chart

Raytech Holding Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
- 0.01 - -

Raytech Holding Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Debt-to-Equity Get a 7-Day Free Trial 0.01 - - - -

Competitive Comparison of Raytech Holding's Debt-to-Equity

For the Household & Personal Products subindustry, Raytech Holding'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.

Raytech Holding's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Raytech Holding's Debt-to-Equity distribution charts can be found below:

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


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Raytech Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Raytech Holding's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
=(0 + 0) / 3.972
=0.00

Raytech Holding's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
=(0 + 0) / 9.414
=0.00

* 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.

Raytech Holding  (NAS:RAY) 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.

Raytech Holding Debt-to-Equity Related Terms

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

Raytech Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Raytech Holding Ltd (NAS:RAY) » Definitions » Debt-to-Equity
Comparable Companies
UG DQWS GROV PURE DSY XAGE PGID SKVI SNBH TANH PG XPAR:OR LSE:ULVR CL BOM:500696 KMB LSE:RKT KVUE XTER:HEN3 XTER:BEI
Traded in Other Exchanges
N/A
Address
No.19 Lam Lok Street, Unit 609, 6th Floor, Nan Fung Commercial Centre, Kowloon Bay, Hong Kong, HKG
Website
https://www.raytech.com.hk
Raytech Holding Ltd is principally engaged in product designing and manufacturing of various product ranges such as Hair Care, Men's Care and Women's Care products. It has sourced and wholesaled a wide range of personal care electrical appliances, which can be broadly classified into seven categories: hair styling series, including hair dryer, hair straightener and curling iron; trimmer series, including facial shaver, nose trimmer and eyebrow trimmer; eyelash curler; neck care series; nail care series; tooling and other personal care appliances such as body and facial brush, reset brush, callus remover, sonic peeling, handy fan and others. Raytech manufactures products under OEM and ODM.