Top Paper & Forest Products companies in the world by Debt to Equity Ratio

This ranking features the top 1,185 Paper & Forest Products companies in the world ranked by Debt to Equity Ratio, averaging a Debt to Equity Ratio of 0.63, for January 15, 2025.

Global

Paper & Forest Products

#	Name	Debt to Equity Ratio	Reported Date	Stock Price	Change	Country
1	Nanning Sugar Industry Co.,Ltd. 1 000911.SZ	38.56	Dec. 31, 2023	USD 0.98	1.70%	China
2	YCIC Eco-Technology Co.,Ltd. 2 002200.SZ	35.28	Dec. 31, 2023	USD 0.72	3.15%	China
3	Kesoram Industries Limited 3 KESORAMIND.NS	23.94	March 31, 2024	USD 2.34	-0.96%	India
4	REFINVERSE Group, Inc. 4 7375.T	20.42	June 30, 2024	USD 4.40	0.98%	Japan
5	Malu Paper Mills Limited 5 MALUPAPER.NS	19.33	March 31, 2024	USD 0.48	3.76%	India
6	Sampann Utpadan India Limited 6 SAMPANN.BO	18.81	March 31, 2024	USD 0.41	-0.36%	India
7	Aarvee Denims and Exports Ltd. 7 AARVEEDEN.NS	16.14	March 31, 2024	USD 1.53	-1.50%	India
8	Braskem S.A. 8 BRKM5.SA	15.01	Dec. 31, 2023	USD 1.91	3.76%	Brazil
9	McLeod Russel India Limited 9 MCLEODRUSS.NS	7.57	March 31, 2024	USD 0.47	-1.15%	India
10	Sakthi Sugars Limited 10 SAKHTISUG.NS	6.56	March 31, 2024	USD 0.32	6.96%	India
11	Omikenshi Co., Ltd. 11 3111.T	6.26	March 31, 2024	USD 1.89	0.49%	Japan
12	Tokyo Board Industries Co., Ltd. 12 7815.T	6.00	March 31, 2024	USD 3.51	0.54%	Japan
13	Nampak Limited 13 NPK.JO	5.07	Sept. 30, 2024	USD 20.97	2.97%	South Africa
14	Shree Rama Newsprint Limited 14 RAMANEWS.NS	3.95	March 31, 2024	USD 0.20	0.86%	India
15	BSL Limited 15 BSL.NS	3.88	March 31, 2024	USD 2.75	0.78%	India
16	Changzhou Tiansheng New Materials Co., Ltd. 16 300169.SZ	3.80	Dec. 31, 2023	USD 1.02	7.46%	China
17	Ingevity Corporation 17 NGVT	3.66	Sept. 30, 2024	USD 40.08	1.01%	United States
18	Indo Rama Synthetics (India) Limited 18 INDORAMA.NS	3.64	March 31, 2024	USD 0.48	0.61%	India
19	Lagnam Spintex Limited 19 LAGNAM.NS	3.47	March 31, 2024	USD 1.32	1.56%	India
20	Hwaseung Corporation Co.,Ltd. 20 013520.KS	3.45	Dec. 31, 2023	USD 1.07	1.13%	South Korea
21	Ningxia Zhongke Biotechnology Co., Ltd. 21 600165.SS	3.33	Dec. 31, 2023	USD 0.34	-1.59%	China
22	Moorim Paper Co., Ltd. 22 009200.KS	3.31	Dec. 31, 2023	USD 1.46	-0.43%	South Korea
23	Aquafil S.p.A. 23 ECNL.MI	3.29	Dec. 31, 2023	USD 1.32	-0.94%	Italy
24	Wood Friends Co.,Ltd. 24 8886.T	3.27	May 31, 2024	USD 6.19	-4.57%	Japan
25	Salona Cotspin Limited 25 SALONA.NS	3.22	March 31, 2024	USD 3.14	2.73%	India
26	Digjam Limited 26 DIGJAMLMTD.NS	3.21	March 31, 2024	USD 0.63	-0.40%	India
27	Lenzing Aktiengesellschaft 27 LNZ.VI	3.11	Dec. 31, 2023	USD 24.94	-14.57%	Austria
28	Tah Tong Textile Co., Ltd. 28 1441.TW	3.11	Dec. 31, 2023	USD 0.41	3.15%	Taiwan
29	Klabin S.A. 29 KLBN4.SA	2.87	Dec. 31, 2023	USD 0.70	-1.31%	Brazil
30	Birman Wood & Hardware Ltd 30 BIRM.TA	2.87	Dec. 31, 2023	USD 3.85	-1.09%	Israel
31	China Man-Made Fiber Corporation 31 1718.TW	2.79	Dec. 31, 2023	USD 0.22	1.09%	Taiwan
32	Saxlund Group AB (publ) 32 SAXG.ST	2.65	Dec. 31, 2023	USD 0.75	4.51%	Sweden
33	Shandong Chenming Paper Holdings Limited 33 1812.HK	2.63	Dec. 31, 2023	USD 0.15	2.66%	China
34	Mercer International Inc. 34 MERC	2.56	Dec. 31, 2023	USD 6.42	0.31%	Canada
35	Unitika Ltd. 35 3103.T	2.56	March 31, 2024	USD 0.87	-1.62%	Japan
36	Letong Chemical Co.,LTD 36 002319.SZ	2.50	Dec. 31, 2023	USD 1.45	3.31%	China
37	SK Networks Company Limited 37 001740.KS	2.43	Dec. 31, 2023	USD 2.90	1.70%	South Korea
38	Plasto-Cargal Group Ltd 38 PLCR.TA	2.42	Dec. 31, 2023	USD 1.35	0.58%	Israel
39	The Ugar Sugar Works Limited 39 UGARSUGAR.NS	2.41	March 31, 2024	USD 0.61	-1.05%	India
40	Elanders AB (publ) 40 ELAN-B.ST	2.40	Dec. 31, 2023	USD 7.58	1.27%	Sweden
41	PT Inocycle Technology Group Tbk 41 INOV.JK	2.39	Dec. 31, 2023	USD 0.01	-2.77%	Indonesia
42	PT Eagle High Plantations Tbk 42 BWPT.JK	2.34	Dec. 31, 2023	USD 0.00	0.47%	Indonesia
43	Renewi plc 43 RWI.L	2.31	March 31, 2024	USD 9.78	-0.16%	United Kingdom
44	Pan Gulf Marketing Co. 44 9593.SR	2.29	Dec. 31, 2023	USD 7.38	-0.25%	Saudi Arabia
45	Damodar Industries Limited 45 DAMODARIND.NS	2.22	March 31, 2024	USD 0.46	2.30%	India
46	Shenma Industrial Co., Ltd. 46 600810.SS	2.20	Dec. 31, 2023	USD 1.06	5.28%	China
47	Kshitij Polyline Limited 47 KSHITIJPOL.NS	2.19	March 31, 2024	USD 0.05	5.98%	India
48	Biokarpet S.A. 48 BIOKA.AT	2.15	Dec. 31, 2023	USD 2.01	-0.92%	Greece
49	JOSAPAR Joaquim Oliveira S.A. Participações 49 JOPA3.SA	2.15	Dec. 31, 2023	USD 3.43	-1.09%	Brazil
50	Tong-Hwa Synthetic Fiber Company Limited 50 1418.TW	2.14	Dec. 31, 2023	USD 0.86	3.38%	Taiwan

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Frequently Asked Questions

Which Paper & Forest Products company has the highest Debt to Equity Ratio ?

The Paper & Forest Products company with the highest Debt to Equity Ratio is Nanning Sugar Industry Co.,Ltd. (Shenzhen Stock Exchange: 000911.SZ) at 38.56.
Which Paper & Forest Products company has the lowest Debt to Equity Ratio ?

The Paper & Forest Products company with the lowest Debt to Equity Ratio is Beijing Orient Landscape & Environment Co., Ltd. (Shenzhen Stock Exchange: 002310.SZ) at -42.29.

What are the top 10 Paper & Forest Products companies by Debt to Equity Ratio ?

The top 10 Paper & Forest Products companies the Global by Debt to Equity Ratio are Nanning Sugar Industry Co.,Ltd., YCIC Eco-Technology Co.,Ltd., Kesoram Industries Limited, REFINVERSE Group, Inc., Malu Paper Mills Limited, Sampann Utpadan India Limited, Aarvee Denims and Exports Ltd., Braskem S.A., McLeod Russel India Limited and Sakthi Sugars Limited.
What are the bottom 10 Paper & Forest Products companies by Debt to Equity Ratio ?

The bottom 10 Paper & Forest Products companies by Debt to Equity Ratio are Beijing Orient Landscape & Environment Co., Ltd., Flexituff Ventures International Limited, SVP Global Textiles Limited, Simbhaoli Sugars Limited, Karsten S.A., Shree Renuka Sugars Limited, Cimpress plc, PT Singaraja Putra Tbk, Alok Industries Limited and PT Tirta Mahakam Resources Tbk.