Rent the Runway (Rent the Runway) Debt-to-Equity : -2.92 (As of Jan. 2024)

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What is Rent the Runway Debt-to-Equity?

Rent the Runway's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $4.6 Mil. Rent the Runway's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $352.0 Mil. Rent the Runway's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-122.3 Mil. Rent the Runway's debt to equity for the quarter that ended in Jan. 2024 was -2.92.

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 Rent the Runway's Debt-to-Equity or its related term are showing as below:

RENT' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.93 Med: -0.79 Max: 4.45
Current: -2.92

During the past 5 years, the highest Debt-to-Equity Ratio of Rent the Runway was 4.45. The lowest was -8.93. And the median was -0.79.

RENT's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.63 vs RENT: -2.92

Rent the Runway Debt-to-Equity Historical Data

The historical data trend for Rent the Runway'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.

Rent the Runway Debt-to-Equity Chart

Rent the Runway Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

-0.72

-0.79

4.45

-8.93

-2.92

Rent the Runway Quarterly Data
	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial											-8.93	-5.70	-4.36	-3.41	-2.92

Competitive Comparison of Rent the Runway's Debt-to-Equity

For the Apparel Retail subindustry, Rent the Runway'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.

Rent the Runway's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rent the Runway's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rent the Runway's Debt-to-Equity falls into.

Rent the Runway Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rent the Runway's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 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
	=	(4.6	+	352)	/	-122.3
	=	-2.92

Rent the Runway's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(4.6	+	352)	/	-122.3
	=	-2.92

Rent the Runway (NAS:RENT) 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.

Rent the Runway Debt-to-Equity Related Terms

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

Rent the Runway (Rent the Runway) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rent the Runway Inc (NAS:RENT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Jay Street, Brooklyn, NY, USA, 11201

Website

https://www.renttherunway.com

Rent the Runway Inc is an e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories.

Executives

Jennifer Hyman	director, 10 percent owner, officer: Chief Executive Officer	767 FIFTH AVENUE, C/O THE ESTEE LAUDER COMPANIES INC., NEW YORK NY 10153
Cara Schembri	officer: GC & Secretary	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Brian Donato	officer: Chief Supply Chain Officer	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Siddharth Thacker	officer: Chief Financial Officer	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Andrew Rau	officer: SVP, Supply Chain & Inventory	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Sarah K Tam	officer: Chief Merchant Officer	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Anushka Salinas	officer: President & COO	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Becky Case	officer: SVP, Engineering	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Larry Steinberg	officer: Chief Technology Officer	1000 WINDWARD CONCOURSE, SUITE 250, ALPHARETTA GA 30005
Emil Michael	director	C/O DPCM CAPITAL, INC., 382 NE 191 STREET, # 24148, MIAMI FL 33179
Scarlett O'sullivan	officer: Chief Financial Officer	225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204
Andrea Alexander	officer: Chief People Officer	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Carley Roney	director	C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Beth J Kaplan	director	1716 LOCUST STREET, DES MOINES IA 50309
Timothy E Bixby	director	C/O SHUTTERSTOCK, 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118