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Riviera Tool Co (Riviera Tool Co) Debt-to-Equity : 5.81 (As of Nov. 2006)


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What is Riviera Tool Co Debt-to-Equity?

Riviera Tool Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2006 was $2.88 Mil. Riviera Tool Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2006 was $9.79 Mil. Riviera Tool Co's Total Stockholders Equity for the quarter that ended in Nov. 2006 was $2.18 Mil. Riviera Tool Co's debt to equity for the quarter that ended in Nov. 2006 was 5.81.

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 Riviera Tool Co's Debt-to-Equity or its related term are showing as below:

RIVT's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Riviera Tool Co Debt-to-Equity Historical Data

The historical data trend for Riviera Tool Co'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.

Riviera Tool Co Debt-to-Equity Chart

Riviera Tool Co Annual Data
Trend Aug97 Aug98 Aug99 Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.71 2.73 3.05 5.12

Riviera Tool Co Quarterly Data
Feb02 May02 Aug02 Nov02 Feb03 May03 Aug03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06
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 3.67 3.95 3.83 5.12 5.81

Competitive Comparison of Riviera Tool Co's Debt-to-Equity

For the Metal Fabrication subindustry, Riviera Tool Co'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.


Riviera Tool Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Riviera Tool Co's Debt-to-Equity distribution charts can be found below:

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



Riviera Tool Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Riviera Tool Co's Debt to Equity Ratio for the fiscal year that ended in Aug. 2006 is calculated as

Riviera Tool Co's Debt to Equity Ratio for the quarter that ended in Nov. 2006 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.


Riviera Tool Co  (OTCPK:RIVT) 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.


Riviera Tool Co Debt-to-Equity Related Terms

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Riviera Tool Co (Riviera Tool Co) Business Description

Traded in Other Exchanges
N/A
Address
5460 Executive Parkway S.E., Grand Rapids, MI, USA, 49512
Riviera Tool Co designs and manufactures large stamping die systems used to form sheet metal parts. These systems are used by automobile manufacturers to produce automobile and truck body parts such as roofs, hoods, fenders, doors, door frames, structural components, and bumpers. The company's customers include major automobile manufacturers.

Riviera Tool Co (Riviera Tool Co) Headlines

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