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Regal Rexnord (Regal Rexnord) Debt-to-Equity : 1.03 (As of Dec. 2023)


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What is Regal Rexnord Debt-to-Equity?

Regal Rexnord's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $41 Mil. Regal Rexnord's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6,509 Mil. Regal Rexnord's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,344 Mil. Regal Rexnord's debt to equity for the quarter that ended in Dec. 2023 was 1.03.

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

RRX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32   Med: 0.5   Max: 1.03
Current: 1.03

During the past 13 years, the highest Debt-to-Equity Ratio of Regal Rexnord was 1.03. The lowest was 0.32. And the median was 0.50.

RRX's Debt-to-Equity is ranked worse than
87.63% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs RRX: 1.03

Regal Rexnord Debt-to-Equity Historical Data

The historical data trend for Regal Rexnord'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.

Regal Rexnord Debt-to-Equity Chart

Regal Rexnord Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.45 0.32 0.34 1.03

Regal Rexnord Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial 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 0.34 1.16 1.07 1.08 1.03

Competitive Comparison of Regal Rexnord's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Regal Rexnord'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.


Regal Rexnord's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Regal Rexnord's Debt-to-Equity distribution charts can be found below:

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



Regal Rexnord Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Regal Rexnord's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Regal Rexnord's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Regal Rexnord  (NYSE:RRX) 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.


Regal Rexnord Debt-to-Equity Related Terms

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


Regal Rexnord (Regal Rexnord) Business Description

Traded in Other Exchanges
Address
200 State Street, Beloit, WI, USA, 53511
Regal Rexnord Corp is in the engineering and manufacturing of industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products and specialty electrical components and systems, serving customers around the world. The four operating segments include Commercial Systems, Industrial Systems, Climate Solutions and Motion Control Solutions.
Executives
Theodore D Crandall director C/O ROCKWELL AUTOMATION INC, 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Timothy A. Dickson officer: SVP & Chief Digi & Info Ofc* 111 WEST MICHIGAN STREET, MILWAUKEE WI 53203
John Avampato officer: VP & Chief Information Officer 200 STATE STREET, BELOIT WI 53511
Brooke Lang officer: EVP and President, PES* 2090 BLAIRMONT DR, PITTSBURGH PA 15241
Michael P Doss director 814 LIVINGSTON COURT, MARIETTA GA 30067
Alexander P Scarpelli officer: VP, Corp. Controller and CAO* 200 STATE STREET, BELOIT WI 53511
John C Kunze officer: Segment President* 200 STATE STREET, BELOIT WI 53511
Curtis W Stoelting director C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Christopher L Doerr director
Kevin J Zaba officer: President, Motion Control Sol. C/O REXNORD CORPORATION, P.O. BOX 2022, MILWAUKEE WI 53201
Daniel J Klun officer: VP, Corporate Controller 200 STATE STREET, BELOIT WI 53511
Robin A Walker-lee director C/O TRW AUTOMOTIVE, 12001 TECH CENTER DRIVE, LIVONIA MI 48150
Scott Douglas Brown officer: Segment President* 200 STATE STREET, BELOIT WI 53511
Dean A Foate director
Eric S Mcginnis officer: Segment President* 200 STATE STREET, BELOIT WI 53511