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Recyctec Holding AB (XSAT:RECY B) Debt-to-Equity : -1.90 (As of Mar. 2024)


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What is Recyctec Holding AB Debt-to-Equity?

Recyctec Holding AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.27 Mil. Recyctec Holding AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr5.65 Mil. Recyctec Holding AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr-3.12 Mil. Recyctec Holding AB's debt to equity for the quarter that ended in Mar. 2024 was -1.90.

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 Recyctec Holding AB's Debt-to-Equity or its related term are showing as below:

XSAT:RECY B' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.47   Med: 0.39   Max: 9.85
Current: -1.9

During the past 11 years, the highest Debt-to-Equity Ratio of Recyctec Holding AB was 9.85. The lowest was -6.47. And the median was 0.39.

XSAT:RECY B's Debt-to-Equity is not ranked
in the Chemicals industry.
Industry Median: 0.36 vs XSAT:RECY B: -1.90

Recyctec Holding AB Debt-to-Equity Historical Data

The historical data trend for Recyctec Holding AB'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.

Recyctec Holding AB Debt-to-Equity Chart

Recyctec Holding AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.55 0.31 0.45 -6.47

Recyctec Holding AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 -6.47 1.13 1.50 9.85 -1.90

Competitive Comparison of Recyctec Holding AB's Debt-to-Equity

For the Specialty Chemicals subindustry, Recyctec Holding AB'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.


Recyctec Holding AB's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Recyctec Holding AB's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Recyctec Holding AB's Debt-to-Equity falls into.



Recyctec Holding AB Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Recyctec Holding AB's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Recyctec Holding AB's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Recyctec Holding AB  (XSAT:RECY B) 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.


Recyctec Holding AB Debt-to-Equity Related Terms

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Recyctec Holding AB (XSAT:RECY B) Business Description

Traded in Other Exchanges
N/A
Address
Scheelevagen 15, Ideon Sience Park, Lund, SWE, 223 70
Recyctec Holding AB is a holding company. The company manufactures glycol which is used in cooler, mainly in internal combustion engines. Its product and services include Analysis of Glycol type, Return of Used Glycol, EarthCare Glycol - HTF and Car coolant and Technical Glycol.

Recyctec Holding AB (XSAT:RECY B) Headlines

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