Rewardle Holdings (ASX:RXH) Debt-to-Equity : 0.29 (As of Jun. 2023)

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What is Rewardle Holdings Debt-to-Equity?

Rewardle Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$1.31 Mil. Rewardle Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$0.03 Mil. Rewardle Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was A$4.56 Mil. Rewardle Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.29.

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

ASX:RXH' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.09 Med: -0.53 Max: 0.29
Current: 0.29

During the past 10 years, the highest Debt-to-Equity Ratio of Rewardle Holdings was 0.29. The lowest was -1.09. And the median was -0.53.

ASX:RXH's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs ASX:RXH: 0.29

Rewardle Holdings Debt-to-Equity Historical Data

The historical data trend for Rewardle 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.

Rewardle Holdings Debt-to-Equity Chart

Rewardle Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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-0.41

-0.53

-0.56

0.29

Rewardle Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial														-0.53	-0.59	-0.56	1.93	0.29

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

For the Software - Infrastructure subindustry, Rewardle 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.

Rewardle Holdings's Debt-to-Equity Distribution in the Software Industry

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

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

Rewardle Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rewardle Holdings'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
	=	(1.314	+	0.025)	/	4.555
	=	0.29

Rewardle Holdings's Debt to Equity Ratio for the quarter 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
	=	(1.314	+	0.025)	/	4.555
	=	0.29

Rewardle Holdings (ASX:RXH) 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.

Rewardle Holdings Debt-to-Equity Related Terms

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Rewardle Holdings (ASX:RXH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rewardle Holdings Ltd (ASX:RXH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Market Street, Suite 70, Level 4, South Melbourne, Melbourne, VIC, AUS, 3205

Website

https://www.rewardleholdings.com

Rewardle Holdings Ltd provides a digital customer engagement platform for local small-to-medium size enterprise merchants. It provides a platform that combines membership, points, rewards, mobile ordering, and payments with social media integrations into a single cloud-based platform powered by big data analysis.

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