RELX (BSP:R1EL34) Debt-to-Equity : 1.88 (As of Dec. 2023)

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What is RELX Debt-to-Equity?

RELX's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$8,144 Mil. RELX's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$32,153 Mil. RELX's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$21,460 Mil. RELX's debt to equity for the quarter that ended in Dec. 2023 was 1.88.

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

BSP:R1EL34' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.78 Med: 2 Max: 3.39
Current: 1.88

During the past 13 years, the highest Debt-to-Equity Ratio of RELX was 3.39. The lowest was 1.78. And the median was 2.00.

BSP:R1EL34's Debt-to-Equity is ranked worse than
85.91% of 930 companies
in the Business Services industry
Industry Median: 0.4 vs BSP:R1EL34: 1.88

RELX Debt-to-Equity Historical Data

The historical data trend for RELX'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.

RELX Debt-to-Equity Chart

RELX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.96

3.39

1.91

1.78

1.88

RELX 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															1.91	1.89	1.78	2.08	1.88

Competitive Comparison of RELX's Debt-to-Equity

For the Specialty Business Services subindustry, RELX'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.

RELX's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, RELX's Debt-to-Equity distribution charts can be found below:

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

RELX Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RELX's Debt to Equity Ratio for the fiscal year 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
	=	(8143.592	+	32152.612)	/	21459.884
	=	1.88

RELX'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
	=	(8143.592	+	32152.612)	/	21459.884
	=	1.88

RELX (BSP:R1EL34) 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.

RELX Debt-to-Equity Related Terms

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

RELX (BSP:R1EL34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » RELX PLC (BSP:R1EL34) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

RLXXF:USA RELX:USA REN:Netherlands REL:Mexico RELl:UK REL:UK RDEB:Germany RDEB:Germany RDEB:Germany RDED:Germany RDEB:Germany

Address

1-3 Strand, London, GBR, WC2N 5JR

Website

https://www.relx.com

RELX PLC is a diversified information and analytics company. The firm operates across four main areas: scientific, technical, and medical; risk; legal; and exhibitions. It generates maximum revenue from the Scientific, Technical and Medical and Risk segment. Scientific, Technical and Medical segment provides information and analytics that help institutions and professionals progress science, advance healthcare and improve performance. Risk segment provides customers with information-based analytics and decision tools that combine public and industry-specific content with advanced technology and algorithms to assist them in evaluating and predicting risk and enhancing operational efficiency.

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