Zardoya Otis (XMAD:ZOT) Debt-to-Equity : 0.06 (As of Nov. 2021)

Zardoya Otis Debt-to-Equity Chart

Zardoya Otis Annual Data
	Trend	Nov12	Nov13	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21
Debt-to-Equity		Get a 7-Day Free Trial					-	-	-	0.07	0.06

Zardoya Otis Quarterly Data
	Nov15	May16	Nov16	May17	Nov17	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21
Debt-to-Equity	Get a 7-Day Free Trial															0.07	N/A	0.06	N/A	0.06

Competitive Comparison of Zardoya Otis's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Zardoya Otis'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.

Zardoya Otis's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zardoya Otis's Debt-to-Equity distribution charts can be found below:

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

Zardoya Otis Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zardoya Otis's Debt to Equity Ratio for the fiscal year that ended in Nov. 2021 is calculated as

Zardoya Otis's Debt to Equity Ratio for the quarter that ended in Nov. 2021 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.

Zardoya Otis  (XMAD:ZOT) 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.

Zardoya Otis Debt-to-Equity Related Terms

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Zardoya Otis (XMAD:ZOT) Business Description