Rainmaker Worldwide (Rainmaker Worldwide) Debt-to-Asset : 13.80 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Rainmaker Worldwide Debt-to-Asset?

Rainmaker Worldwide's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.34 Mil. Rainmaker Worldwide's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.64 Mil. Rainmaker Worldwide's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $0.36 Mil. Rainmaker Worldwide's debt to asset for the quarter that ended in Mar. 2024 was 13.80.

Rainmaker Worldwide Debt-to-Asset Historical Data

The historical data trend for Rainmaker Worldwide's Debt-to-Asset 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.

Rainmaker Worldwide Debt-to-Asset Chart

Rainmaker Worldwide Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.35

1.93

9.48

72.37

132.52

Rainmaker Worldwide Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															77.10	34.82	130.52	132.52	13.80

Competitive Comparison of Rainmaker Worldwide's Debt-to-Asset

For the Pollution & Treatment Controls subindustry, Rainmaker Worldwide's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Rainmaker Worldwide's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rainmaker Worldwide's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Rainmaker Worldwide's Debt-to-Asset falls into.

Rainmaker Worldwide Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Rainmaker Worldwide's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(4.108	+	0)	/	0.031
	=	132.52

Rainmaker Worldwide's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(4.34	+	0.64)	/	0.361
	=	13.80

Rainmaker Worldwide (OTCPK:RAKR) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Rainmaker Worldwide Debt-to-Asset Related Terms

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

Rainmaker Worldwide (Rainmaker Worldwide) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rainmaker Worldwide Inc (OTCPK:RAKR) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

271 Brock Street, Peterborough, ON, CAN, K9H 2P8

Website

https://www.rainmakerww.com

Rainmaker Worldwide Inc is a cleantech company that is engaged in producing clean water. It provides innovative, environment-friendly water solutions to communities and businesses facing water scarcity. The company's sustainable technology features two product lines which include Air to water and water to water that have multiple applications. Air to Water harvests fresh water from humidity in the atmosphere. It is highly useful for islands, temporary vacation houses, and remote vacation houses, especially for hot conditions and limited water and has no risk of water-borne diseases. The Water to Water unit produces clean water from seawater, brackish water, or contaminated water sources. The company's products include WW-SO50 Solar Only Powered, AW-W100 Wind Powered, and others.