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Robinhood Markets (STU:7KY) Debt-to-Equity : 0.53 (As of Dec. 2023)


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What is Robinhood Markets Debt-to-Equity?

Robinhood Markets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3,253 Mil. Robinhood Markets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil. Robinhood Markets's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €6,140 Mil. Robinhood Markets's debt to equity for the quarter that ended in Dec. 2023 was 0.53.

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 Robinhood Markets's Debt-to-Equity or its related term are showing as below:

STU:7KY' s Debt-to-Equity Range Over the Past 10 Years
Min: -34.73   Med: 0.26   Max: 0.53
Current: 0.53

During the past 5 years, the highest Debt-to-Equity Ratio of Robinhood Markets was 0.53. The lowest was -34.73. And the median was 0.26.

STU:7KY's Debt-to-Equity is ranked worse than
57.96% of 609 companies
in the Capital Markets industry
Industry Median: 0.37 vs STU:7KY: 0.53

Robinhood Markets Debt-to-Equity Historical Data

The historical data trend for Robinhood Markets'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.

Robinhood Markets Debt-to-Equity Chart

Robinhood Markets Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-6.95 -34.73 0.50 0.26 0.53

Robinhood Markets Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.26 0.37 0.42 0.49 0.53

Competitive Comparison of Robinhood Markets's Debt-to-Equity

For the Capital Markets subindustry, Robinhood Markets'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.


Robinhood Markets's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Robinhood Markets's Debt-to-Equity distribution charts can be found below:

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



Robinhood Markets Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Robinhood Markets's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Robinhood Markets's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Robinhood Markets  (STU:7KY) 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.


Robinhood Markets Debt-to-Equity Related Terms

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


Robinhood Markets (STU:7KY) Business Description

Traded in Other Exchanges
Address
85 Willow Road, Menlo Park, CA, USA, 94025
Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.

Robinhood Markets (STU:7KY) Headlines

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