Ralco Agencies (XTAE:RLCO) Debt-to-Equity : 0.03 (As of Dec. 2023)

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

What is Ralco Agencies Debt-to-Equity?

Ralco Agencies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪1.4 Mil. Ralco Agencies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪1.8 Mil. Ralco Agencies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪96.2 Mil. Ralco Agencies's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Ralco Agencies's Debt-to-Equity or its related term are showing as below:

XTAE:RLCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.28 Max: 1.38
Current: 0.03

During the past 11 years, the highest Debt-to-Equity Ratio of Ralco Agencies was 1.38. The lowest was 0.03. And the median was 0.28.

XTAE:RLCO's Debt-to-Equity is ranked better than
89.78% of 2192 companies
in the Hardware industry
Industry Median: 0.29 vs XTAE:RLCO: 0.03

Ralco Agencies Debt-to-Equity Historical Data

The historical data trend for Ralco Agencies'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.

Ralco Agencies Debt-to-Equity Chart

Ralco Agencies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.29

0.04

0.06

0.15

0.03

Ralco Agencies Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.15	0.33	0.33	0.11	0.03

Competitive Comparison of Ralco Agencies's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Ralco Agencies'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.

Ralco Agencies's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ralco Agencies's Debt-to-Equity distribution charts can be found below:

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

Ralco Agencies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ralco Agencies'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
	=	(1.388	+	1.752)	/	96.187
	=	0.03

Ralco Agencies's Debt to Equity Ratio for the quarter 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
	=	(1.388	+	1.752)	/	96.187
	=	0.03

Ralco Agencies (XTAE:RLCO) 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.

Ralco Agencies Debt-to-Equity Related Terms

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

Ralco Agencies (XTAE:RLCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ralco Agencies Ltd (XTAE:RLCO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Hametzuda Street, Azur, ISR, 58001

Website

http://www.ralco.co.il

Ralco Agencies Ltd is engaged in import & distribution of consumer products manufactured by zanussi sharp and blomberg. It distributes refrigerators, LCD televisions, microwave ovens, dishwashers & built-in ovens, among others. It markets its products to private stores and marketing chains that specialized in the marketing of electrical and electronic products.

Ralco Agencies (XTAE:RLCO) Headlines

No Headlines