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Rentokil Initial (LSE:RTO) Debt-to-Equity : 1.16 (As of Dec. 2023)


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What is Rentokil Initial Debt-to-Equity?

Rentokil Initial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1,261 Mil. Rentokil Initial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £3,471 Mil. Rentokil Initial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £4,089 Mil. Rentokil Initial's debt to equity for the quarter that ended in Dec. 2023 was 1.16.

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 Rentokil Initial's Debt-to-Equity or its related term are showing as below:

LSE:RTO' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.16   Med: 1.87   Max: 10.05
Current: 1.16

During the past 13 years, the highest Debt-to-Equity Ratio of Rentokil Initial was 10.05. The lowest was 1.16. And the median was 1.87.

LSE:RTO's Debt-to-Equity is ranked worse than
77.74% of 930 companies
in the Business Services industry
Industry Median: 0.395 vs LSE:RTO: 1.16

Rentokil Initial Debt-to-Equity Historical Data

The historical data trend for Rentokil Initial'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.

Rentokil Initial Debt-to-Equity Chart

Rentokil Initial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 2.78 1.53 1.31 1.16

Rentokil Initial Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.53 2.61 1.31 1.18 1.16

Competitive Comparison of Rentokil Initial's Debt-to-Equity

For the Specialty Business Services subindustry, Rentokil Initial'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.


Rentokil Initial's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rentokil Initial's Debt-to-Equity distribution charts can be found below:

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



Rentokil Initial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rentokil Initial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Rentokil Initial's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Rentokil Initial  (LSE:RTO) 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.


Rentokil Initial Debt-to-Equity Related Terms

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


Rentokil Initial (LSE:RTO) Business Description

Traded in Other Exchanges
Address
Manor Royal, Compass House, Crawley, West Sussex, GBR, RH10 9PY
Rentokil Initial is a leading global provider of route-based pest-control and commercial hygiene services, operating in 83 countries. The group also offers a range of specialist route-based services including office and commercial space plant care, property care, and workwear rentals. The group has a diverse client base that includes global food producers, hotel chains, industrial goods businesses, restaurants, and individual residential customers.

Rentokil Initial (LSE:RTO) Headlines