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Red Cat Holdings (Red Cat Holdings) Debt-to-Equity : 0.03 (As of Jan. 2024)


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What is Red Cat Holdings Debt-to-Equity?

Red Cat Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $1.20 Mil. Red Cat Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.20 Mil. Red Cat Holdings's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $49.57 Mil. Red Cat Holdings's debt to equity for the quarter that ended in Jan. 2024 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 Red Cat Holdings's Debt-to-Equity or its related term are showing as below:

RCAT' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.16   Med: 0.03   Max: 0.5
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Red Cat Holdings was 0.50. The lowest was -2.16. And the median was 0.03.

RCAT's Debt-to-Equity is ranked better than
89.85% of 2196 companies
in the Hardware industry
Industry Median: 0.29 vs RCAT: 0.03

Red Cat Holdings Debt-to-Equity Historical Data

The historical data trend for Red Cat 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.

Red Cat Holdings Debt-to-Equity Chart

Red Cat Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Apr20 Apr21 Apr22 Apr23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.82 0.37 0.38 0.04 0.04

Red Cat Holdings Quarterly Data
Mar19 Jun19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.03 0.03

Competitive Comparison of Red Cat Holdings's Debt-to-Equity

For the Computer Hardware subindustry, Red Cat 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.


Red Cat Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Red Cat Holdings's Debt-to-Equity distribution charts can be found below:

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



Red Cat Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Red Cat Holdings's Debt to Equity Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Red Cat Holdings's Debt to Equity Ratio 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.


Red Cat Holdings  (NAS:RCAT) 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.


Red Cat Holdings Debt-to-Equity Related Terms

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


Red Cat Holdings (Red Cat Holdings) Business Description

Traded in Other Exchanges
Address
15 Avenue Munoz Rivera, Suite 2200, San Juan, PR, USA, 00901
Red Cat Holdings Inc is a military technology company that integrates robotic hardware and software to provide critical situational awareness and actionable intelligence to on-the-ground warfighters and battlefield commanders. Its mission is to enhance the effectiveness and safety of military operations domestically and globally. Red Cat's suite of solutions includes Teal Drones, developer of the Golden Eagle, a small unmanned system with the highest resolution imaging for night-time operations, and Skypersonic, a leading provider of unmanned aircraft for interior spaces and other dangerous environments.
Executives
Allan Thomas Evans officer: CEO of Fat Shark Holdings, Ltd 1400 VILLAGE SQ BLVD, UNIT #3-80448, TALLAHASSEE FL 32312
Nick Jr Liuzza director 79 WAPPING ROAD, PORTSMOUTH RI 02871
Jeffrey M Thompson director, 10 percent owner, officer: President and CEO 5 SHELL CASTLE CLUB, PALMAS DEL MAR PR 00791
Joseph David Freedman director 945 SOUTHSIDE PLACE, NASHVILLE TN 37203
Mary Beth Long director 309 FRANKLIN STREET, ALEXANDRIA VA 22314
Christopher R. Moe director 36 PROSPECT FARM ROAD, PORTSMOUTH RI 02871
George Michael Matus officer: CEO of Teal Drones subsidiary 5200 S HIGHLAND DRIVE, SUITE 201, HOLLADAY 2J 84117
Gregory Ralph French 10 percent owner 280 RALEIGH QUAY, WEST BAY E9 KY1-1300
Brains Riding In Tanks, Llc 10 percent owner 8861 DAY AVE SW, NAVARRE OH 44662
Joseph P Hernon officer: CFO, Secretary and Treasurer 1607 PONCE DE LEON AVENUE, SUITE 407, SAN JUAN PR 00909
Patrick Thomas Mitchell director 10615 JEFFERSON HWY, BATON ROUGE LA 70809
Gary R Smith director 2401 PGA BLVD, SUITE 272, PALM BEACH GARDENS FL 33410
Lou Iii Werner director 6900 E. CAMELBACK ROAD, SUITE 1020, SCOTTSDALE AZ 85251
Jessica L Smith officer: Interim CFO 8399 E. INDIAN SCHOOL RD., SUITE 202, SCOTTSDALE AZ 85251
John M. Wise director, 10 percent owner, officer: President 7690 E. CAMELBACK ROAD, SUITE 511, SCOTTSDALE AZ 85251