Reclaims Global (SGX:NEX) Debt-to-Equity : 0.02 (As of Jan. 2024)

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What is Reclaims Global Debt-to-Equity?

Reclaims Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was S$0.49 Mil. Reclaims Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was S$0.00 Mil. Reclaims Global's Total Stockholders Equity for the quarter that ended in Jan. 2024 was S$29.76 Mil. Reclaims Global's debt to equity for the quarter that ended in Jan. 2024 was 0.02.

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

SGX:NEX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.18 Max: 0.35
Current: 0.02

During the past 9 years, the highest Debt-to-Equity Ratio of Reclaims Global was 0.35. The lowest was 0.02. And the median was 0.18.

SGX:NEX's Debt-to-Equity is ranked better than
96.38% of 221 companies
in the Waste Management industry
Industry Median: 0.7 vs SGX:NEX: 0.02

Reclaims Global Debt-to-Equity Historical Data

The historical data trend for Reclaims Global'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.

Reclaims Global Debt-to-Equity Chart

Reclaims Global Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

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0.19

0.18

0.02

0.06

0.02

Reclaims Global Semi-Annual Data
	Jan16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial											0.02	0.07	0.06	0.04	0.02

Competitive Comparison of Reclaims Global's Debt-to-Equity

For the Waste Management subindustry, Reclaims Global'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.

Reclaims Global's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Reclaims Global's Debt-to-Equity distribution charts can be found below:

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

Reclaims Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Reclaims Global's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 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
	=	(0.489	+	0)	/	29.763
	=	0.02

Reclaims Global's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(0.489	+	0)	/	29.763
	=	0.02

Reclaims Global (SGX:NEX) 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.

Reclaims Global Debt-to-Equity Related Terms

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Reclaims Global (SGX:NEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Reclaims Global Ltd (SGX:NEX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Tuas South Street 7, Singapore, SGP, 637114

Website

https://www.reclaims.sg

Reclaims Global Ltd is an integrated service provider in the construction industry. The group specializes in the recycling of construction and demolition waste, customisation of excavation solutions, and operating fleet management. Its operating business segments are recycling, excavation services, and logistics and leasing. The company derives maximum revenue from the logistics and leasing segment. Its excavation services segment performs land clearing, excavation, and removal of construction and demolition waste. The Excavation services consist of demolition works, site clearance, reshaping, backfilling, and compacting and turfing.