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RF Capital Group (TSX:RCG) Debt-to-Equity : 0.42 (As of Dec. 2023)


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What is RF Capital Group Debt-to-Equity?

RF Capital Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.0 Mil. RF Capital Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$140.2 Mil. RF Capital Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$330.5 Mil. RF Capital Group's debt to equity for the quarter that ended in Dec. 2023 was 0.42.

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 RF Capital Group's Debt-to-Equity or its related term are showing as below:

TSX:RCG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.23   Max: 0.42
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of RF Capital Group was 0.42. The lowest was 0.10. And the median was 0.23.

TSX:RCG's Debt-to-Equity is ranked worse than
68.57% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs TSX:RCG: 0.42

RF Capital Group Debt-to-Equity Historical Data

The historical data trend for RF Capital Group'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.

RF Capital Group Debt-to-Equity Chart

RF Capital Group 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 0.10 0.32 0.33 0.41 0.42

RF Capital Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.41 0.42 0.42 0.42 0.42

Competitive Comparison of RF Capital Group's Debt-to-Equity

For the Asset Management subindustry, RF Capital Group'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.


RF Capital Group's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RF Capital Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where RF Capital Group's Debt-to-Equity falls into.



RF Capital Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RF Capital Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

RF Capital Group'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.


RF Capital Group  (TSX:RCG) 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.


RF Capital Group Debt-to-Equity Related Terms

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


RF Capital Group (TSX:RCG) Business Description

Traded in Other Exchanges
Address
100 Queens Quay East, Suite 2500, Toronto, ON, CAN, M5E 1Y3
RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.

RF Capital Group (TSX:RCG) Headlines

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