Rathbones Group (LSE:RAT) Debt-to-Equity : 0.09 (As of Dec. 2023)

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What is Rathbones Group Debt-to-Equity?

Rathbones Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.0 Mil. Rathbones Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £127.2 Mil. Rathbones Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £1,350.2 Mil. Rathbones Group's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

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

LSE:RAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.09 Max: 0.17
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Rathbones Group was 0.17. The lowest was 0.04. And the median was 0.09.

LSE:RAT's Debt-to-Equity is ranked better than
71.03% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:RAT: 0.09

Rathbones Group Debt-to-Equity Historical Data

The historical data trend for Rathbones 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.

Rathbones Group Debt-to-Equity Chart

Rathbones Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.15

0.16

0.14

0.09

Rathbones 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															0.16	0.18	0.14	0.17	0.09

Competitive Comparison of Rathbones Group's Debt-to-Equity

For the Asset Management subindustry, Rathbones 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.

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

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

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

Rathbones Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rathbones Group'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
	=	(0	+	127.2)	/	1350.2
	=	0.09

Rathbones 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
	=	(0	+	127.2)	/	1350.2
	=	0.09

Rathbones Group (LSE:RAT) 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.

Rathbones Group Debt-to-Equity Related Terms

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

Rathbones Group (LSE:RAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Rathbones Group PLC (LSE:RAT) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

RATl:UK

Address

8 Finsbury Circus, London, GBR, EC2M 7AZ

Website

https://www.rathbones.com

Rathbones Group PLC provides investment and wealth management services to private clients, charities, professional intermediaries, and trustees. The group also provides other banking, financial advisory, tax, legal, and trust services. Alongside investment management services, Rathbone provides unit trust and multi-asset fund products sold through intermediaries to the retail sector. Nearly all the funds under management fall under the investment management category, with private clients contributing the majority of a portion of assets. The company relies on a group of committees to oversee manager performance and ensure the investment process is appropriately resourced. To meet client needs, investment offerings cover a multitude of asset classes and risk levels.

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