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Trayal Korporacija a.d (XBEL:TRAY) Debt-to-Equity : 0.20 (As of Dec. 2023)


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What is Trayal Korporacija a.d Debt-to-Equity?

Trayal Korporacija a.d's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RSD1,217 Mil. Trayal Korporacija a.d's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RSD0 Mil. Trayal Korporacija a.d's Total Stockholders Equity for the quarter that ended in Dec. 2023 was RSD6,188 Mil. Trayal Korporacija a.d's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 Trayal Korporacija a.d's Debt-to-Equity or its related term are showing as below:

XBEL:TRAY' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.87   Med: 0.22   Max: 2.38
Current: 0.2

During the past 9 years, the highest Debt-to-Equity Ratio of Trayal Korporacija a.d was 2.38. The lowest was -2.87. And the median was 0.22.

XBEL:TRAY's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.47 vs XBEL:TRAY: 0.20

Trayal Korporacija a.d Debt-to-Equity Historical Data

The historical data trend for Trayal Korporacija a.d'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.

Trayal Korporacija a.d Debt-to-Equity Chart

Trayal Korporacija a.d Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.51 0.54 0.23 0.22 0.20

Trayal Korporacija a.d Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 0.54 0.23 0.22 0.22 0.20

Competitive Comparison of Trayal Korporacija a.d's Debt-to-Equity

For the Auto Parts subindustry, Trayal Korporacija a.d'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.


Trayal Korporacija a.d's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Trayal Korporacija a.d's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Trayal Korporacija a.d's Debt-to-Equity falls into.



Trayal Korporacija a.d Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trayal Korporacija a.d's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Trayal Korporacija a.d'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.


Trayal Korporacija a.d  (XBEL:TRAY) 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.


Trayal Korporacija a.d Debt-to-Equity Related Terms

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Trayal Korporacija a.d (XBEL:TRAY) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Parunovacka 18 V, Krusevac, SRB, 37000
Trayal Korporacija a.d is engaged in the manufacture of rubber tires, retreading and rebuilding of rubber tires.

Trayal Korporacija a.d (XBEL:TRAY) Headlines

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