Rocket Lab USA (Rocket Lab USA) Debt-to-Equity : 0.32 (As of Dec. 2023)

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

What is Rocket Lab USA Debt-to-Equity?

Rocket Lab USA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $17.8 Mil. Rocket Lab USA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $158.9 Mil. Rocket Lab USA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $554.5 Mil. Rocket Lab USA's debt to equity for the quarter that ended in Dec. 2023 was 0.32.

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 Rocket Lab USA's Debt-to-Equity or its related term are showing as below:

RKLB' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.16 Med: 0.21 Max: 0.32
Current: 0.32

During the past 4 years, the highest Debt-to-Equity Ratio of Rocket Lab USA was 0.32. The lowest was -0.16. And the median was 0.21.

RKLB's Debt-to-Equity is ranked better than
60.39% of 255 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs RKLB: 0.32

Rocket Lab USA Debt-to-Equity Historical Data

The historical data trend for Rocket Lab USA'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.

Rocket Lab USA Debt-to-Equity Chart

Rocket Lab USA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.16

0.18

0.23

0.32

Rocket Lab USA Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.23	0.24	0.27	0.28	0.32

Competitive Comparison of Rocket Lab USA's Debt-to-Equity

For the Aerospace & Defense subindustry, Rocket Lab USA'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.

Rocket Lab USA's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rocket Lab USA's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rocket Lab USA's Debt-to-Equity falls into.

Rocket Lab USA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rocket Lab USA'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
	=	(17.764	+	158.924)	/	554.544
	=	0.32

Rocket Lab USA'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
	=	(17.764	+	158.924)	/	554.544
	=	0.32

Rocket Lab USA (NAS:RKLB) 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.

Rocket Lab USA Debt-to-Equity Related Terms

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

Rocket Lab USA (Rocket Lab USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rocket Lab USA Inc (NAS:RKLB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6RJ:Germany

Address

3881 McGowen Street, Long Beach, CA, USA, 90808

Website

https://www.rocketlabusa.com

Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defence, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered more than 100 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.

Executives

Adam C. Spice	officer: Chief Financial Officer	2051 PALOMAR AIRPORT ROAD, SUITE 100, CARLSBAD CA 92011
Arjun Kampani	officer: See Remarks	C/O AEROJET ROCKETDYNE HOLDINGS, INC., 2001 AEROJET ROAD, RANCHO CORDOVA CA 95742
Nina Armagno	director	C/O ROCKET LAB USA, INC., 3881 MCGOWEN ST, LONG BEACH CA 90808
Peter Beck	director, 10 percent owner, officer: President, CEO and Chairman	C/O ROCKET LAB USA, INC., 3881, LONG BEACH CA 90808
Michael D Griffin	director	21700 ATLANTIC BLVD, ORBITAL SCIENCES CORP, DULLES VA 20166
Shaun O'donnell	officer: EVP - Global Operations	C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808
Edward H. Frank	director	C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Alexander R Slusky	director	456 MONTGOMERY STREET, 19TH FLOOR, SAN FRANCISCO CA 94104
Khosla Ventures Seed B (cf), L.p.	10 percent owner	2128 SAND HILL ROAD, MENLO PARK CA 94025
Cowan David J/ca	director	50 WOODSIDE PLAZA, SUITE 720, REDWOOD CITY CA 94061
Peek Street Equatorial Trustee Ltd	10 percent owner	123 CELTIC CRESCENT, ELLERSLIE, AUCKLAND Q2 1051
Jon A Olson	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
Equatorial Trust	10 percent owner	123 CELTIC CRESCENT, ELLERSLIE, AUCKLAND Q2 1051
Kerryn Beck	10 percent owner	C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808
Warren Butler	10 percent owner	C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808