Ramsdens Holdings (LSE:RFX) Debt-to-Equity : 0.38 (As of Sep. 2023)

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What is Ramsdens Holdings Debt-to-Equity?

Ramsdens Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £10.45 Mil. Ramsdens Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £7.66 Mil. Ramsdens Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £48.17 Mil. Ramsdens Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.38.

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 Ramsdens Holdings's Debt-to-Equity or its related term are showing as below:

LSE:RFX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.38 Max: 0.6
Current: 0.38

During the past 9 years, the highest Debt-to-Equity Ratio of Ramsdens Holdings was 0.60. The lowest was 0.07. And the median was 0.38.

LSE:RFX's Debt-to-Equity is ranked better than
61.36% of 471 companies
in the Conglomerates industry
Industry Median: 0.56 vs LSE:RFX: 0.38

Ramsdens Holdings Debt-to-Equity Historical Data

The historical data trend for Ramsdens Holdings'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.

Ramsdens Holdings Debt-to-Equity Chart

Ramsdens Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Sep21

Sep22

Sep23

Debt-to-Equity

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0.07

0.49

0.24

0.39

0.38

Ramsdens Holdings Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial											0.24	0.29	0.39	0.37	0.38

Competitive Comparison of Ramsdens Holdings's Debt-to-Equity

For the Conglomerates subindustry, Ramsdens Holdings'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.

Ramsdens Holdings's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ramsdens Holdings's Debt-to-Equity distribution charts can be found below:

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

Ramsdens Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ramsdens Holdings's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(10.445	+	7.661)	/	48.167
	=	0.38

Ramsdens Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(10.445	+	7.661)	/	48.167
	=	0.38

Ramsdens Holdings (LSE:RFX) 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.

Ramsdens Holdings Debt-to-Equity Related Terms

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

Ramsdens Holdings (LSE:RFX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ramsdens Holdings PLC (LSE:RFX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RSDEF:USA

Address

The Parkway Centre, Unit 16, Coulby Newham, Middlesbrough, GBR, TS8 0TJ

Website

https://www.ramsdensplc.com

Ramsdens Holdings PLC is a diversified financial services provider and retailer operating in the following core segments - Foreign currency segment which comprises the sale and purchase of foreign currency notes to holidaymakers; Pawnbroking segment, which involves providing a cash loan in return for jewellery and watches; Purchases of precious metals segment, involves buying unwanted jewellery, gold, and other precious metals from customers for cash; Retail Jewellery segment and Income from other financial services. Maximum revenue is generated by the Retail Jewellery segment. Geographically, it derives a majority of revenue from the United Kingdom.

Ramsdens Holdings (LSE:RFX) Headlines

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