Pacific Radiance (SGX:RXS) Debt-to-Equity : 0.11 (As of Jun. 2024)

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What is Pacific Radiance Debt-to-Equity?

Pacific Radiance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$0.54 Mil. Pacific Radiance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was S$9.91 Mil. Pacific Radiance's Total Stockholders Equity for the quarter that ended in Jun. 2024 was S$95.53 Mil. Pacific Radiance's debt to equity for the quarter that ended in Jun. 2024 was 0.11.

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 Pacific Radiance's Debt-to-Equity or its related term are showing as below:

SGX:RXS' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.33 Med: 0.11 Max: 2.07
Current: 0.11

During the past 12 years, the highest Debt-to-Equity Ratio of Pacific Radiance was 2.07. The lowest was -12.33. And the median was 0.11.

SGX:RXS's Debt-to-Equity is ranked better than
87.16% of 880 companies
in the Transportation industry
Industry Median: 0.54 vs SGX:RXS: 0.11

Pacific Radiance Debt-to-Equity Historical Data

The historical data trend for Pacific Radiance'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.

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Pacific Radiance Debt-to-Equity Chart

Pacific Radiance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-2.14

-1.66

-1.41

1.60

1.01

Pacific Radiance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															1.45	1.36	1.20	1.01	0.11

Competitive Comparison of Pacific Radiance's Debt-to-Equity

For the Marine Shipping subindustry, Pacific Radiance'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.

Pacific Radiance's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pacific Radiance's Debt-to-Equity distribution charts can be found below:

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

Pacific Radiance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pacific Radiance'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
	=	(4.086	+	46.914)	/	50.445
	=	1.01

Pacific Radiance's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.541	+	9.911)	/	95.53
	=	0.11

Pacific Radiance (SGX:RXS) 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.

Pacific Radiance Debt-to-Equity Related Terms

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Pacific Radiance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pacific Radiance Ltd (SGX:RXS) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

15 Pandan Road, Singapore, SGP, 609263

Website

https://www.pacificradiance.com

Pacific Radiance Ltd owns and operates offshore vessels and provides subsea services, shipyard services, and marine equipment. It mainly offers logistics to the oil and gas industry. The company is organized into two main operating business divisions, the Ship Management business is engaged in managing, chartering and operating offshore vessels supporting the offshore oil and gas industry; and the Shipyard business engaged in the ship-repair maintenance activity. It derives most of its revenue from offshore support services business spread across Asia.

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