Rainy Mountain Royalty (TSXV:RMO) Debt-to-Asset : 0.22 (As of Jan. 2024)

Rainy Mountain Royalty Debt-to-Asset Chart

Rainy Mountain Royalty Annual Data
	Trend	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Apr22	Apr23
Debt-to-Asset		Get a 7-Day Free Trial					0.01	0.12	0.05	0.16	0.20

Rainy Mountain Royalty Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Asset	Get a 7-Day Free Trial															0.19	0.20	0.20	0.21	0.22

Competitive Comparison of Rainy Mountain Royalty's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Rainy Mountain Royalty'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.

Rainy Mountain Royalty's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rainy Mountain Royalty's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Rainy Mountain Royalty's Debt-to-Asset falls into.

Rainy Mountain Royalty Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Rainy Mountain Royalty's Debt-to-Asset for the fiscal year that ended in Apr. 2023 is calculated as

Rainy Mountain Royalty's Debt-to-Asset for the quarter that ended in Jan. 2024 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.

Rainy Mountain Royalty  (TSXV:RMO) 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.

Rainy Mountain Royalty Debt-to-Asset Related Terms

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Rainy Mountain Royalty (TSXV:RMO) Business Description