RITT (RIT Technologies) Debt-to-Equity: 0.56 (As of Sep. 2015)

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What is RIT Technologies Debt-to-Equity?

RIT Technologies RITT Debt-to-Equity is 0.56 as of Sep. 2015.

RIT Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. RIT Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $3.00 Mil. RIT Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $5.34 Mil. RIT Technologies's debt to equity for the quarter that ended in Sep. 2015 was 0.56.

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

RITT's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.27
* Ranked among companies with meaningful Debt-to-Equity only.

RIT Technologies  (OTCPK:RITT) 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.

RIT Technologies Debt-to-Equity Related Terms

RIT Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for RIT Technologies'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.

RIT Technologies Debt-to-Equity Chart

RIT Technologies Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.03 1.39 0.27 0.26

RIT Technologies Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.00 0.26 0.74 0.58 0.56

RITT vs OSAT, GTXO, DGDM: Debt-to-Equity Comparison

For the Communication Equipment subindustry, RIT Technologies'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.

RIT Technologies Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, RIT Technologies's Debt-to-Equity distribution charts can be found below:

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


RIT Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RIT Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 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 + 1) / 3.929
=0.25

RIT Technologies's Debt to Equity Ratio for the quarter that ended in Sep. 2015 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 + 3) / 5.336
=0.56

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.56 mean?
RIT Technologies (RITT) has a Debt-to-Equity of 0.56 as of Sep. 2015. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on RIT Technologies and its competitors.
Is RIT Technologies' Debt-to-Equity too high?
RIT Technologies' current Debt-to-Equity is 0.56. The Hardware industry median Debt-to-Equity is 0.27. RIT Technologies' value of 0.56 is 107.4% above this industry median.
How does RIT Technologies' Debt-to-Equity compare to OSAT and GTXO?
RIT Technologies' Debt-to-Equity of 0.56 can be compared against companies in the Hardware industry. The industry median Debt-to-Equity is 0.27. RIT Technologies' value of 0.56 is 107.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,217 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RIT Technologies's current Debt-to-Equity of 0.56 is 107.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on RIT Technologies and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RIT Technologies's current Debt-to-Equity is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RIT Technologies stock overvalued right now?
RIT Technologies (RITT) has a current Debt-to-Equity of 0.56. The current Debt-to-Equity is 0.56 and 107.4% above the Hardware industry median of 0.27. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For RIT Technologies (RITT), the current Debt-to-Equity is 0.56 as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

RIT Technologies Business Description

Address 24 Raoul Wallenberg Street, Tel Aviv, ISR, 69719
RIT Technologies Ltd provides Intelligent Infrastructure Management solutions and develops indoor optical wireless technology solutions. The company's products include PatchView that provides security and network utilization for data centers, communication rooms and work space environments; and Beamcaster that provides IWON technology solutions mainly for open-space offices. Its Intelligent Infrastructure Management solutions are deployed in various organizations including data centers in the private sector, government agencies, financial institutions, airport authorities, healthcare and education institutions.