Regis Resources (ASX:RRL) Debt-to-Equity : 0.26 (As of Dec. 2023)

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What is Regis Resources Debt-to-Equity?

Regis Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$21 Mil. Regis Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$356 Mil. Regis Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,449 Mil. Regis Resources's debt to equity for the quarter that ended in Dec. 2023 was 0.26.

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 Regis Resources's Debt-to-Equity or its related term are showing as below:

ASX:RRL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.26
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Regis Resources was 0.26. The lowest was 0.00. And the median was 0.05.

ASX:RRL's Debt-to-Equity is ranked worse than
62.8% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ASX:RRL: 0.26

Regis Resources Debt-to-Equity Historical Data

The historical data trend for Regis Resources'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.

Regis Resources Debt-to-Equity Chart

Regis Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.05

0.22

0.25

Regis Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.22	0.22	0.25	0.26

Competitive Comparison of Regis Resources's Debt-to-Equity

For the Gold subindustry, Regis Resources'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.

Regis Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Regis Resources's Debt-to-Equity distribution charts can be found below:

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

Regis Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Regis Resources'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
	=	(317.962	+	65.583)	/	1539.841
	=	0.25

Regis Resources's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(21.27	+	356.314)	/	1449.329
	=	0.26

Regis Resources (ASX:RRL) 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.

Regis Resources Debt-to-Equity Related Terms

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

Regis Resources (ASX:RRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Regis Resources Ltd (ASX:RRL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RGRNF:USA RKQ:Germany

Address

516 Hay Street, Level 2, Subiaco, Perth, WA, AUS, 6008

Website

https://www.regisresources.com.au

Regis Resources Ltd is one of Australia's largest gold companies, producing around 437,309 ounces of gold per year. Cash costs are below the industry average. Operating mines are located in Western Australia, which brings relatively low sovereign risk. Management has a sound operating track record and an appropriate bias towards strong balance sheets and dividends; however, the gold price and new investments will be the primary arbiters of long-term returns. Development of the McPhillamys deposit in New South Wales, if approved, should add approximately two hundred thousand ounces of gold production a year in the medium term. The Company has three reportable segments which comprise the Duketon North Operations, and Duketon South Operations, Tropicana Gold Project.

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