Runway Growth Finance (Runway Growth Finance) Debt-to-Equity : 0.93 (As of Dec. 2023)

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What is Runway Growth Finance Debt-to-Equity?

Runway Growth Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Runway Growth Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $510.08 Mil. Runway Growth Finance's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $547.07 Mil. Runway Growth Finance's debt to equity for the quarter that ended in Dec. 2023 was 0.93.

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 Runway Growth Finance's Debt-to-Equity or its related term are showing as below:

RWAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.21 Max: 0.95
Current: 0.93

During the past 6 years, the highest Debt-to-Equity Ratio of Runway Growth Finance was 0.95. The lowest was 0.13. And the median was 0.21.

RWAY's Debt-to-Equity is ranked better than
55.68% of 431 companies
in the Credit Services industry
Industry Median: 1.18 vs RWAY: 0.93

Runway Growth Finance Debt-to-Equity Historical Data

The historical data trend for Runway Growth Finance'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.

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Runway Growth Finance Debt-to-Equity Chart

Runway Growth Finance Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.16

0.21

0.13

0.95

0.93

Runway Growth Finance Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.95	1.03	0.95	0.77	0.93

Competitive Comparison of Runway Growth Finance's Debt-to-Equity

For the Credit Services subindustry, Runway Growth Finance'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.

Runway Growth Finance's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Runway Growth Finance's Debt-to-Equity distribution charts can be found below:

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

Runway Growth Finance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Runway Growth Finance'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
	=	(0	+	510.078)	/	547.071
	=	0.93

Runway Growth Finance'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
	=	(0	+	510.078)	/	547.071
	=	0.93

Runway Growth Finance (NAS:RWAY) 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.

Runway Growth Finance Debt-to-Equity Related Terms

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

Runway Growth Finance (Runway Growth Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Runway Growth Finance Corp (NAS:RWAY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

205 N. Michigan Avenue, Suite 4200, Chicago, IL, USA, 60601

Website

https://www.runwaygrowth.com

Runway Growth Finance Corp is a specialty finance company focused on providing senior secured loans to high-growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products, and other high-growth industries.

Executives

Ocm Growth Holdings Llc	director, 10 percent owner	333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Thomas B. Raterman	officer: CFO, Treasurer and Secretary	C/O GSV GROWTH CREDIT FUND INC., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
R David Spreng	director, officer: President and CEO	3800 FIRST BANK PL, P O BOX 357, MINNEAPOLIS MN 55402
Gregory M Share	director	THREE FIRST NATIONAL PLZ, SUITE 3800, CHICAGO IL 60602
Gregory Louis Greifeld	officer: Acting Chief Executive Officer	C/O RUNWAY GROWTH FINANCE CORP., 205 N. MICHIGAN AVENUE, SUITE 4200, CHICAGO IL 60601
Brookfield Multi-strategy Master Fund Lp	10 percent owner	250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
Brookfield Asset Management Ulc	10 percent owner	BROOKFIELD PLACE, 181 BAY STREET SUITE 100, TORONTO A6 M5J 2T3
Brookfield Asset Management Ltd.	10 percent owner	181 BAY STREET, SUITE 100, TORONTO A6 M5J 2T3
Oaktree Opportunities Fund Xb Holdings (delaware), L.p.	10 percent owner	333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
John F. Engel	director	205 N. MICHIGAN AVE., SUITE 4200, CHICAGO IL 60601
Brookfield Us Inc.	10 percent owner	BROOKFIELD PLACE, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Brookfield Multi-strategy Fund Gp Llc	10 percent owner	250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
Brookfield Bhs Advisors Llc	10 percent owner	395 NINTH AVENUE 52ND FLOOR, NEW YORK NY 10001
Brookfield Public Securities Group Holdings Llc	10 percent owner	250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
Brookfield Holdings Canada Inc.	10 percent owner	181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3