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Rio Tinto Debt-to-Equity

: 0.27 (As of Jun. 2022)
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Rio Tinto's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $1,770 Mil. Rio Tinto's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $11,976 Mil. Rio Tinto's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $50,557 Mil. Rio Tinto's debt to equity for the quarter that ended in Jun. 2022 was 0.27.

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

RIO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.45   Max: 2.37
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Rio Tinto was 2.37. The lowest was 0.18. And the median was 0.45.

RIO's Debt-to-Equity is ranked worse than
61.8% of 1136 companies
in the Metals & Mining industry
Industry Median: 0.14 vs RIO: 0.27

Rio Tinto Debt-to-Equity Historical Data

The historical data trend for Rio Tinto'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.

Rio Tinto Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.29 0.35 0.29 0.26

Rio Tinto Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.29 0.26 0.26 0.27

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Rio Tinto'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.

   

Rio Tinto Debt-to-Equity Distribution

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

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



Rio Tinto Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rio Tinto's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Rio Tinto's Debt to Equity Ratio for the quarter that ended in Jun. 2022 is calculated as

* 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.


Rio Tinto  (NYSE:RIO) 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.


Rio Tinto Debt-to-Equity Related Terms

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


Rio Tinto Business Description

Rio Tinto logo
Address
6 St James’s Square, London, GBR, SW1Y 4AD
Rio Tinto searches for and extracts a variety of minerals worldwide, with the heaviest concentrations in North America and Australia. Iron ore is the dominant commodity, with significantly lesser contributions from aluminium, copper, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity. Shareholders in each company have equivalent economic and voting rights.

Rio Tinto Headlines

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