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REC Silicon ASA (REC Silicon ASA) Debt-to-Equity : 4.63 (As of Dec. 2023)


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What is REC Silicon ASA Debt-to-Equity?

REC Silicon ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $38.3 Mil. REC Silicon ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $315.4 Mil. REC Silicon ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $76.4 Mil. REC Silicon ASA's debt to equity for the quarter that ended in Dec. 2023 was 4.63.

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 REC Silicon ASA's Debt-to-Equity or its related term are showing as below:

RNWEF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 2.14   Max: 225.01
Current: 4.63

During the past 13 years, the highest Debt-to-Equity Ratio of REC Silicon ASA was 225.01. The lowest was 0.18. And the median was 2.14.

RNWEF's Debt-to-Equity is ranked worse than
98.75% of 881 companies
in the Semiconductors industry
Industry Median: 0.26 vs RNWEF: 4.63

REC Silicon ASA Debt-to-Equity Historical Data

The historical data trend for REC Silicon ASA'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.

REC Silicon ASA Debt-to-Equity Chart

REC Silicon ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 225.00 3.72 5.92 3.04 4.63

REC Silicon ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.04 2.08 3.03 -5.48 4.63

Competitive Comparison of REC Silicon ASA's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, REC Silicon ASA'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.


REC Silicon ASA's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, REC Silicon ASA's Debt-to-Equity distribution charts can be found below:

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



REC Silicon ASA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

REC Silicon ASA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

REC Silicon ASA's Debt to Equity Ratio for the quarter that ended in Dec. 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.


REC Silicon ASA  (OTCPK:RNWEF) 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.


REC Silicon ASA Debt-to-Equity Related Terms

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REC Silicon ASA (REC Silicon ASA) Business Description

Traded in Other Exchanges
Address
Fornebuveien 84, PO Box 63, Lysaker, NOR, 1324
REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon and Silicon gases. It operates in two segments namely Solar Materials and Semiconductor Materials. Majority of the firm's revenue gets generated through Semiconductor Materials segment.

REC Silicon ASA (REC Silicon ASA) Headlines

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