Ruentex Development Co (Ruentex Development Co) Debt-to-Equity : 0.63 (As of Dec. 2023)

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What is Ruentex Development Co Debt-to-Equity?

Ruentex Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $685.50 Mil. Ruentex Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,207.09 Mil. Ruentex Development Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,022.12 Mil. Ruentex Development Co's debt to equity for the quarter that ended in Dec. 2023 was 0.63.

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

RUEXF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 0.75 Max: 1.34
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Ruentex Development Co was 1.34. The lowest was 0.42. And the median was 0.75.

RUEXF's Debt-to-Equity is ranked worse than
61.01% of 1508 companies
in the Construction industry
Industry Median: 0.44 vs RUEXF: 0.63

Ruentex Development Co Debt-to-Equity Historical Data

The historical data trend for Ruentex Development 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.

Ruentex Development Co Debt-to-Equity Chart

Ruentex Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.60

0.42

0.80

0.63

Ruentex Development Co 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															0.80	0.71	0.64	0.74	0.63

Competitive Comparison of Ruentex Development Co's Debt-to-Equity

For the Engineering & Construction subindustry, Ruentex Development 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.

Ruentex Development Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ruentex Development Co's Debt-to-Equity distribution charts can be found below:

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

Ruentex Development Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ruentex Development Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(685.498	+	1207.091)	/	3022.123
	=	0.63

Ruentex Development Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(685.498	+	1207.091)	/	3022.123
	=	0.63

Ruentex Development Co (OTCPK:RUEXF) 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.

Ruentex Development Co Debt-to-Equity Related Terms

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

Ruentex Development Co (Ruentex Development Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ruentex Development Co Ltd (OTCPK:RUEXF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

9945:Taiwan

Address

No. 308, Bade Road, 11th Floor-1, Section 2, Zhongshan District, Taipei, TWN, 104

Website

https://www.ruentex.com.tw

Ruentex Development Co Ltd is a Taiwan-based company involved in the construction business. The company's reportable segments include Construction Business Department, Commercial Real Estate, Building Materials, and Wholesale. It generates maximum revenue from the Construction segment. Geographically, it derives a majority of its revenue from Taiwan.

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