Gaon Group (XTAE:GAGR) Debt-to-Equity : 0.00 (As of . 20)

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What is Gaon Group Debt-to-Equity?

Gaon Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₪0.00 Mil. Gaon Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₪0.00 Mil. Gaon Group's Total Stockholders Equity for the quarter that ended in . 20 was ₪0.00 Mil.

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 Gaon Group's Debt-to-Equity or its related term are showing as below:

XTAE:GAGR's Debt-to-Equity is not ranked ^*
in the Steel industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Gaon Group Debt-to-Equity Historical Data

The historical data trend for Gaon Group'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.

Gaon Group Debt-to-Equity Chart

Gaon Group Annual Data

Trend

Debt-to-Equity

Gaon Group Quarterly Data

Debt-to-Equity

Competitive Comparison of Gaon Group's Debt-to-Equity

For the Steel subindustry, Gaon Group'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.

Gaon Group's Debt-to-Equity Distribution in the Steel Industry

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

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

Gaon Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gaon Group's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Gaon Group's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Gaon Group (XTAE:GAGR) 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.

Gaon Group Debt-to-Equity Related Terms

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

Gaon Group (XTAE:GAGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Gaon Group Ltd (XTAE:GAGR) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Ariel Sharon 8, P.O.B 266, Or Yehuda, ISR, 6039730

Website

http://www.gaon.com

Gaon Group Ltd is an Israel based company which produces steel products. It manufactures and markets steel pipes used in water, sewage, fuel and gas infrastructures as well as structural pipes used in construction. It uses Electric Resistance & Submerged Arc welding technologies. Its products include steel pipes, plastic pipes, valves, ball valves, water meters and more.

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