Reka Industrial Oyj

Helsinki Stock Exchange REKA.HE

Reka Industrial Oyj Debt to Equity Ratio for the year ending December 31, 2023: 0.11

Reka Industrial Oyj Debt to Equity Ratio is 0.11 for the year ending December 31, 2023, a -86.86% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Reka Industrial Oyj Debt to Equity Ratio for the year ending December 31, 2022 was 0.82, a -69.74% change year over year.
Reka Industrial Oyj Debt to Equity Ratio for the year ending December 31, 2021 was 2.73, a -9.94% change year over year.
Reka Industrial Oyj Debt to Equity Ratio for the year ending December 31, 2020 was 3.03, a -15.80% change year over year.
Reka Industrial Oyj Debt to Equity Ratio for the year ending December 31, 2019 was 3.59, a 125.74% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Helsinki Stock Exchange: REKA.HE

Reka Industrial Oyj

CEO	Ms. Sari Tulander M.Sc. (Econ)
IPO Date	Jan. 3, 2000
Location	Finland
Headquarters	Kankurinkatu 4–6
Employees	300
Sector	Materials
Industries Composite Materials Automotive Parts Ceramics Chemicals & Advanced Materials Construction Materials Hardware & Electronics Petrochemicals Plastics

Description

Reka Industrial Oyj manufactures and sells cables and rubbers in Finland, Poland, Sweden, Denmark, Norway, and Russia. It offers instrumentation cables, fire-resistant cables, medium and high voltage cables, wind power cables, halogen-free cables, network power cables, and standard cables under the FlameRex, DryRex, LiteRex, PoweRex, and Reka brands. The company also provides small and medium-sized rubber components for the vehicle and mechanical engineering industries. It serves the industry, construction, power distribution, and equipment manufacturers. The company was formerly known as Neo Industrial Plc and changed its name to Reka Industrial Oyj in December 2020. Reka Industrial Oyj was founded in 1898 and is based in Hyvinkää, Finland. Reka Industrial Oyj is a subsidiary of Reka Ltd.

Key trends

Past 5 years