ZBM ZREMB-Chojnice (WAR:ZRE) Debt-to-Equity : 0.26 (As of Mar. 2024)

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What is ZBM ZREMB-Chojnice Debt-to-Equity?

ZBM ZREMB-Chojnice's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł5.59 Mil. ZBM ZREMB-Chojnice's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł0.00 Mil. ZBM ZREMB-Chojnice's Total Stockholders Equity for the quarter that ended in Mar. 2024 was zł21.75 Mil. ZBM ZREMB-Chojnice's debt to equity for the quarter that ended in Mar. 2024 was 0.26.

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 ZBM ZREMB-Chojnice's Debt-to-Equity or its related term are showing as below:

WAR:ZRE' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.93 Med: 0.45 Max: 4.1
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of ZBM ZREMB-Chojnice was 4.10. The lowest was -1.93. And the median was 0.45.

WAR:ZRE's Debt-to-Equity is ranked better than
67.03% of 552 companies
in the Steel industry
Industry Median: 0.43 vs WAR:ZRE: 0.26

ZBM ZREMB-Chojnice Debt-to-Equity Historical Data

The historical data trend for ZBM ZREMB-Chojnice'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.

ZBM ZREMB-Chojnice Debt-to-Equity Chart

ZBM ZREMB-Chojnice Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.59

0.76

0.48

0.64

0.31

ZBM ZREMB-Chojnice Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.43	0.45	0.23	0.31	0.26

Competitive Comparison of ZBM ZREMB-Chojnice's Debt-to-Equity

For the Steel subindustry, ZBM ZREMB-Chojnice'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.

ZBM ZREMB-Chojnice's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ZBM ZREMB-Chojnice's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ZBM ZREMB-Chojnice's Debt-to-Equity falls into.

ZBM ZREMB-Chojnice Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ZBM ZREMB-Chojnice'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
	=	(4.169	+	1.828)	/	19.632
	=	0.31

ZBM ZREMB-Chojnice's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(5.586	+	0)	/	21.751
	=	0.26

ZBM ZREMB-Chojnice (WAR:ZRE) 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.

ZBM ZREMB-Chojnice Debt-to-Equity Related Terms

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

ZBM ZREMB-Chojnice (WAR:ZRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ZBM ZREMB-Chojnice SA (WAR:ZRE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Przemyslowa 15, Chojnice, POL, 89-600

Website

http://www.zremb-ch.com.pl

ZBM ZREMB-Chojnice SA is a producer of steel constructions and containers. The company produces containers for shipping and drilling platforms; basket containers for transportation of equipment to drilling platforms, Mini-Mud freight containers for transportation of equipment and food to drilling platform, Borekaks containers for the transportation of waste material, Specialist containers for machine shops, compression shops, generators, Containers and platforms for the Army, Containers for radioactive waste and Steel roof constructions and frames for glazed facades. Its products include reinforced ceiling military containers, field containers, 3IN1 and 2IN1 container, off-shore container, baskets, and mudskips.

ZBM ZREMB-Chojnice (WAR:ZRE) Headlines

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