Rural Funds Group (ASX:RFF) Debt-to-Equity : 0.67 (As of Dec. 2023)

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What is Rural Funds Group Debt-to-Equity?

Rural Funds Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$32.8 Mil. Rural Funds Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$668.4 Mil. Rural Funds Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,052.1 Mil. Rural Funds Group's debt to equity for the quarter that ended in Dec. 2023 was 0.67.

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

ASX:RFF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 0.57 Max: 0.8
Current: 0.67

During the past 10 years, the highest Debt-to-Equity Ratio of Rural Funds Group was 0.80. The lowest was 0.44. And the median was 0.57.

ASX:RFF's Debt-to-Equity is ranked better than
60.42% of 672 companies
in the REITs industry
Industry Median: 0.78 vs ASX:RFF: 0.67

Rural Funds Group Debt-to-Equity Historical Data

The historical data trend for Rural Funds 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.

Rural Funds Group Debt-to-Equity Chart

Rural Funds Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.56

0.54

0.53

0.50

0.64

Rural Funds Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.57	0.50	0.54	0.64	0.67

Competitive Comparison of Rural Funds Group's Debt-to-Equity

For the REIT - Specialty subindustry, Rural Funds 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.

Rural Funds Group's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Rural Funds Group's Debt-to-Equity distribution charts can be found below:

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

Rural Funds Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rural Funds Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(33.15	+	607.463)	/	997.377
	=	0.64

Rural Funds Group'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
	=	(32.775	+	668.406)	/	1052.125
	=	0.67

Rural Funds Group (ASX:RFF) 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.

Rural Funds Group Debt-to-Equity Related Terms

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

Rural Funds Group (ASX:RFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Rural Funds Group (ASX:RFF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RFNDF:USA

Address

2 King Street, Level 2, Deakin, Canberra, ACT, AUS, 2600

Website

https://www.ruralfunds.com.au

Rural Funds Group is a real estate investment trust, which holds and leases agricultural property and equipment. The company's operating segment includes Almonds; Cattle; Vineyards; Cropping, Macadamias, and Other. It generates maximum revenue from the Almonds segment.

Rural Funds Group (ASX:RFF) Headlines

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