Reinvent Technology Partners Y (Reinvent Technology Partners Y) Debt-to-Equity : 0.00 (As of Jun. 2021)

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What is Reinvent Technology Partners Y Debt-to-Equity?

Reinvent Technology Partners Y's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. Reinvent Technology Partners Y's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. Reinvent Technology Partners Y's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $905.38 Mil. Reinvent Technology Partners Y's debt to equity for the quarter that ended in Jun. 2021 was 0.00.

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 Reinvent Technology Partners Y's Debt-to-Equity or its related term are showing as below:

RTPYU's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

Reinvent Technology Partners Y Debt-to-Equity Historical Data

The historical data trend for Reinvent Technology Partners Y'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.

Reinvent Technology Partners Y Debt-to-Equity Chart

Reinvent Technology Partners Y Annual Data

Trend

Dec20

Debt-to-Equity

Reinvent Technology Partners Y Semi-Annual Data
	Dec20	Mar21	Jun21
Debt-to-Equity	-	-	-

Competitive Comparison of Reinvent Technology Partners Y's Debt-to-Equity

For the Shell Companies subindustry, Reinvent Technology Partners Y'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.

Reinvent Technology Partners Y's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Reinvent Technology Partners Y's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Reinvent Technology Partners Y's Debt-to-Equity falls into.

Reinvent Technology Partners Y Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Reinvent Technology Partners Y's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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	+	0)	/	0.006
	=	0.00

Reinvent Technology Partners Y's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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	+	0)	/	905.376
	=	0.00

Reinvent Technology Partners Y (NAS:RTPYU) 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.

Reinvent Technology Partners Y Debt-to-Equity Related Terms

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