Rainbow Rare Earths (LSE:RBW) Debt-to-Equity : 0.04 (As of Dec. 2023)

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What is Rainbow Rare Earths Debt-to-Equity?

Rainbow Rare Earths's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.24 Mil. Rainbow Rare Earths's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.27 Mil. Rainbow Rare Earths's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £14.47 Mil. Rainbow Rare Earths's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Rainbow Rare Earths's Debt-to-Equity or its related term are showing as below:

LSE:RBW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: 4.57
Current: 0.04

During the past 10 years, the highest Debt-to-Equity Ratio of Rainbow Rare Earths was 4.57. The lowest was 0.00. And the median was 0.07.

LSE:RBW's Debt-to-Equity is ranked better than
70.51% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs LSE:RBW: 0.04

Rainbow Rare Earths Debt-to-Equity Historical Data

The historical data trend for Rainbow Rare Earths'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.

Rainbow Rare Earths Debt-to-Equity Chart

Rainbow Rare Earths Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.37

0.21

0.18

0.05

0.04

Rainbow Rare Earths Semi-Annual Data
	Jun14	Jun15	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													0.06	0.05	0.05	0.04	0.04

Competitive Comparison of Rainbow Rare Earths's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Rainbow Rare Earths'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.

Rainbow Rare Earths's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rainbow Rare Earths's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rainbow Rare Earths's Debt-to-Equity falls into.

Rainbow Rare Earths Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rainbow Rare Earths'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
	=	(0.177	+	0.242)	/	11.225
	=	0.04

Rainbow Rare Earths'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
	=	(0.235	+	0.27)	/	14.472
	=	0.03

Rainbow Rare Earths (LSE:RBW) 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.

Rainbow Rare Earths Debt-to-Equity Related Terms

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

Rainbow Rare Earths (LSE:RBW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rainbow Rare Earths Ltd (LSE:RBW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RBWRF:USA RBWl:UK GBP:Germany

Address

St Julian's Avenue, Connaught House, Saint Peter Port, GGY, GY1 3EL

Website

https://www.rainbowrareearths.com

Rainbow Rare Earths Ltd aims to be a forerunner in the establishment of an independent and ethical supply chain of the rare earth elements that are driving the green energy transition. It is doing this successfully via the identification and development of secondary rare earth deposits that can be brought into production quicker and at a lower cost than traditional hard rock mining projects, with a focus on the magnet rare earth elements neodymium & praseodymium, dysprosium & terbium. It is focused on the development of the Phalaborwa Project and the earlier stage Uberaba Project. Both projects entail the recovery of rare earths from phosphogypsum stacks that occur as the by-product of phosphoric acid production, with the original source rock for both deposits being a hardrock carbonatite.

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