Rome Resources (LSE:RMR) Debt-to-Equity : 0.02 (As of Dec. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Rome Resources Debt-to-Equity?

Rome Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was £0.00 Mil. Rome Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was £0.25 Mil. Rome Resources's Total Stockholders Equity for the quarter that ended in Dec. 2024 was £13.35 Mil. Rome Resources's debt to equity for the quarter that ended in Dec. 2024 was 0.02.

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

LSE:RMR' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.59 Med: -0.29 Max: 0.02
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Rome Resources was 0.02. The lowest was -0.59. And the median was -0.29.

LSE:RMR's Debt-to-Equity is ranked better than
84.54% of 1248 companies
in the Metals & Mining industry
Industry Median: 0.15 vs LSE:RMR: 0.02

Rome Resources Debt-to-Equity Historical Data

The historical data trend for Rome 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.

Rome Resources Debt-to-Equity Chart

Rome Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

-0.59

0.02

Rome Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															-0.59	-	-	-	0.02

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

For the Other Industrial Metals & Mining subindustry, Rome 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.

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

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

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

Save Embed

;

Save Embed

;

Rome Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rome Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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	+	0.254)	/	13.347
	=	0.02

Rome Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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	+	0.254)	/	13.347
	=	0.02

Rome Resources (LSE:RMR) 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.

Rome Resources Debt-to-Equity Related Terms

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

Rome Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rome Resources PLC (LSE:RMR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

P6Y:Germany

Address

35 Berkeley Square, London, GBR, W1J 5BF

Website

http://www.pathfinderminerals.com

Rome Resources PLC formerly Pathfinder Minerals PLC is a natural resources company, seeking to mine heavy mineral sands in countries that include Mozambique and Cameroon, and pursue opportunities in battery metals projects in countries including Zimbabwe, Madagascar, and Malawi. The firm has a license to mine land on the Indian Ocean coast of Zambezia province of Mozambique. It is looking for heavy minerals such as ilmenite, rutile, and zircon, which are used in the manufacture of products across the industrial sectors.