GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Plasson Industries Ltd (XTAE:PLSN) » Definitions » Debt-to-Equity

Plasson Industries (XTAE:PLSN) Debt-to-Equity : 0.56 (As of Dec. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Plasson Industries Debt-to-Equity?

Plasson Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₪412 Mil. Plasson Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₪228 Mil. Plasson Industries's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₪1,141 Mil. Plasson Industries's debt to equity for the quarter that ended in Dec. 2024 was 0.56.

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 Plasson Industries's Debt-to-Equity or its related term are showing as below:

XTAE:PLSN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56   Med: 0.71   Max: 0.92
Current: 0.56

During the past 13 years, the highest Debt-to-Equity Ratio of Plasson Industries was 0.92. The lowest was 0.56. And the median was 0.71.

XTAE:PLSN's Debt-to-Equity is ranked worse than
58.44% of 1552 companies
in the Construction industry
Industry Median: 0.43 vs XTAE:PLSN: 0.56

Plasson Industries Debt-to-Equity Historical Data

The historical data trend for Plasson Industries'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.

Plasson Industries Debt-to-Equity Chart

Plasson Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.88 0.75 0.61 0.56

Plasson Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.60 0.58 0.55 0.56

Competitive Comparison of Plasson Industries's Debt-to-Equity

For the Building Products & Equipment subindustry, Plasson Industries'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.


Plasson Industries's Debt-to-Equity Distribution in the Construction Industry

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

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


;
;

Plasson Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Plasson Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Plasson Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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.


Plasson Industries  (XTAE:PLSN) 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.


Plasson Industries Debt-to-Equity Related Terms

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


Plasson Industries Business Description

Traded in Other Exchanges
N/A
Address
Maagan Michael DN, Menashe, ISR, 37805
Plasson Industries Ltd provides solutions for connecting PE pipes. It offers ElectroFusion & Mechanical Fittings, Adjustable Elbow, Controllers, and PE Ball Valve, among others to municipal water distribution and gas conveyance systems, among others.

Plasson Industries Headlines

No Headlines