Palram Industries (1990) (XTAE:PLRM) Debt-to-Equity : 0.19 (As of Sep. 2024)

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What is Palram Industries (1990) Debt-to-Equity?

Palram Industries (1990)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪23 Mil. Palram Industries (1990)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪210 Mil. Palram Industries (1990)'s Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₪1,247 Mil. Palram Industries (1990)'s debt to equity for the quarter that ended in Sep. 2024 was 0.19.

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 Palram Industries (1990)'s Debt-to-Equity or its related term are showing as below:

XTAE:PLRM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.28 Max: 0.6
Current: 0.19

During the past 11 years, the highest Debt-to-Equity Ratio of Palram Industries (1990) was 0.60. The lowest was 0.13. And the median was 0.28.

XTAE:PLRM's Debt-to-Equity is ranked better than
70.35% of 1565 companies
in the Construction industry
Industry Median: 0.44 vs XTAE:PLRM: 0.19

Palram Industries (1990) Debt-to-Equity Historical Data

The historical data trend for Palram Industries (1990)'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.

Palram Industries (1990) Debt-to-Equity Chart

Palram Industries (1990) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.27

0.24

0.19

0.13

Palram Industries (1990) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.13	0.13	0.13	0.19

Competitive Comparison of Palram Industries (1990)'s Debt-to-Equity

For the Building Products & Equipment subindustry, Palram Industries (1990)'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.

Palram Industries (1990)'s Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Palram Industries (1990)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Palram Industries (1990)'s Debt-to-Equity falls into.

Palram Industries (1990) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Palram Industries (1990)'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
	=	(23.05	+	127.386)	/	1130.764
	=	0.13

Palram Industries (1990)'s Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(22.539	+	209.602)	/	1247.411
	=	0.19

Palram Industries (1990) (XTAE:PLRM) 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.

Palram Industries (1990) Debt-to-Equity Related Terms

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Palram Industries (1990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Palram Industries (1990) Ltd (XTAE:PLRM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kibbutz Ramat-Yohanan, Ramat-Yohanan, ISR, 30035

Website

http://www.palram.com

Palram Industries (1990) Ltd manufactures semi-finished extruded thermoplastic sheets, panel systems and finished products. Its products include four categories, namely, flat sheets, corrugated sheets, panel systems & specialty products. Its products used in construction and architectural projects, sign and display, agricultural, glazing, and fabrication. palram panel systems.

Palram Industries (1990) Headlines

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