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Rayont (Rayont) Debt-to-Equity : 0.32 (As of Mar. 2023)


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What is Rayont Debt-to-Equity?

Rayont's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.92 Mil. Rayont's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.94 Mil. Rayont's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $5.91 Mil. Rayont's debt to equity for the quarter that ended in Mar. 2023 was 0.32.

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

RAYT's Debt-to-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.405
* Ranked among companies with meaningful Debt-to-Equity only.

Rayont Debt-to-Equity Historical Data

The historical data trend for Rayont'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.

Rayont Debt-to-Equity Chart

Rayont Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Jun22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.39 -1.00 0.19 1.63 1.54

Rayont Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.67 1.54 0.21 0.29 0.32

Competitive Comparison of Rayont's Debt-to-Equity

For the Packaged Foods subindustry, Rayont'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.


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

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

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



Rayont Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rayont's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Rayont's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Rayont  (OTCPK:RAYT) 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.


Rayont Debt-to-Equity Related Terms

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


Rayont (Rayont) Business Description

Traded in Other Exchanges
N/A
Address
228 Hamilton Avenue, 3rd Floor, Palo Alto, CA, USA, 94301
Rayont Inc is a clinical-stage life sciences company that holds the license for registering and commercializing Photosoft technology for the treatment of all cancers. This technology is an improved next-generation Photodynamic Therapy (PDT) that uses non-toxic photosensitizers and visible light in combination with oxygen to produce cytotoxic-reactive oxygen that kills malignant cells, shuts down tumors, and stimulates the immune system. It has been licensed in Australia, New Zealand, China, Malaysia, and Sub-Sahara Africa. It has generated revenue from digital learning solutions provided by Rayont Technologies.
Executives
Meng Leong Liew director 1313 N. GRAND AVE. #16, WALNUT CA 91789
Kha Foo Chin director, 10 percent owner, officer: President, Treasurer ROOM 1217 NORTH TOWER, CONORDIA PLAZA, NO 1 SCIENCE MUSEUM RD., TSIM SHA TSUI E, KOWLOON K3 NA