Rivian Automotive (Rivian Automotive) Debt-to-Equity

: 0.56 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

Rivian Automotive's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $361 Mil. Rivian Automotive's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,755 Mil. Rivian Automotive's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $9,141 Mil. Rivian Automotive's debt to equity for the quarter that ended in Dec. 2023 was 0.56.

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 Rivian Automotive's Debt-to-Equity or its related term are showing as below:

RIVN' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.2 Med: 0.08 Max: 0.56
Current: 0.56

During the past 5 years, the highest Debt-to-Equity Ratio of Rivian Automotive was 0.56. The lowest was -0.20. And the median was 0.08.

RIVN's Debt-to-Equity is ranked worse than
55.74% of 1175 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs RIVN: 0.56

Rivian Automotive Debt-to-Equity Historical Data

The historical data trend for Rivian Automotive'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.

Rivian Automotive Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.20

-0.13

0.08

0.13

0.56

Rivian Automotive Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity												0.13	0.26	0.29	0.32	0.56

Competitive Comparison

For the Auto Manufacturers subindustry, Rivian Automotive'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.

Rivian Automotive Debt-to-Equity Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Rivian Automotive's Debt-to-Equity distribution charts can be found below:

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

Rivian Automotive Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rivian Automotive'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
	=	(361	+	4755)	/	9141
	=	0.56

Rivian Automotive'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
	=	(361	+	4755)	/	9141
	=	0.56

Rivian Automotive (NAS:RIVN) 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.

Rivian Automotive Debt-to-Equity Related Terms

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

Rivian Automotive (Rivian Automotive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rivian Automotive Inc (NAS:RIVN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RIVN:Mexico 99U:Germany

Address

14600 Myford Road, Irvine, CA, USA, 92606

Website

https://www.rivian.com

Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories. In the consumer market, the company launched the R1 platform with the first generation of consumer vehicles: the R1T, a two-row, five-passenger pickup truck, and the R1S, a three-row, seven-passenger sport utility vehicle (SUV).

Executives

Claire Mcdonough	officer: Chief Financial Officer	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Kjell Gruner	officer: Chief Commercial Officer	C/O HARLEY-DAVIDSON, INC., 3700 W JUNEAU AVENUE, MILWAUKEE WI 53208
John Krafcik	director	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Jeff Baker	officer: Chief Accounting Officer	1221 BROADWAY, OAKLAND CA 94612
Harald Kroeger	director	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92606
Jay T Flatley	director	9885 TOWNE CENTRE DR, SAN DIEGO CA 92121
Jiten Behl	officer: Chief Growth Officer	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Robert J Scaringe	director, officer: Chief Executive Officer	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Ford Motor Co	10 percent owner	ONE AMERICAN RD, DEARBORN MI 48126
Pamela Thomas-graham	director	C/O IDENIX PHARMACEUTICALS, INC., 60 HAMPSHIRE STREET, CAMBRIDGE MA 02139
Karen Boone	director	15 KOCH ROAD, SUITE J, CORTE MADERA CA 94925
Rose M Marcario	director	21101 OXNARD STREET, WOODLAND HILLS CA 91367
Peter Krawiec	director	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Sanford Harold Schwartz	director	C/O RIVIAN AUTOMOTIVE, INC., 14600 MYFORD ROAD, IRVINE CA 92618
Amazon Com Inc	director, 10 percent owner	410 TERRY AVENUE NORTH, SEATTLE WA 98109