RMG Acquisition II (RMG Acquisition II) Debt-to-Equity : 0.00 (As of Dec. 2020)

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What is RMG Acquisition II Debt-to-Equity?

RMG Acquisition II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $0.15 Mil. RMG Acquisition II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $0.00 Mil. RMG Acquisition II's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $303.75 Mil. RMG Acquisition II's debt to equity for the quarter that ended in Dec. 2020 was 0.00.

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 RMG Acquisition II's Debt-to-Equity or its related term are showing as below:

RMGBU's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.12
* Ranked among companies with meaningful Debt-to-Equity only.

RMG Acquisition II Debt-to-Equity Historical Data

The historical data trend for RMG Acquisition II'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.

RMG Acquisition II Debt-to-Equity Chart

RMG Acquisition II Annual Data

Trend

Dec20

Debt-to-Equity

RMG Acquisition II Semi-Annual Data
	Dec20
Debt-to-Equity	-

Competitive Comparison of RMG Acquisition II's Debt-to-Equity

For the Shell Companies subindustry, RMG Acquisition II'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.

RMG Acquisition II's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, RMG Acquisition II's Debt-to-Equity distribution charts can be found below:

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

RMG Acquisition II Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RMG Acquisition II's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(0.151	+	0)	/	303.75
	=	0.00

RMG Acquisition II's Debt to Equity Ratio for the quarter that ended in Dec. 2020 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
	=	(0.151	+	0)	/	303.75
	=	0.00

RMG Acquisition II (NAS:RMGBU) 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.

RMG Acquisition II Debt-to-Equity Related Terms

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RMG Acquisition II (RMG Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » RMG Acquisition Corp II (NAS:RMGBU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 West Street, Suite 40C, New York, NY, USA, 10006

Website

http://www.rmgacquisition.com

RMG Acquisition Corp II is a blank check company.

Executives

W Grant Gregory	director	C/O AMBAC FINANCIAL GROUP INC, 1 STATE STREET PLAZA, NEW YORK NY 10004
Philip Kassin	director, 10 percent owner, officer: President, CEO	3 COLUMBUS CIRCLE, NEW YORK NY 10019
Catherine Rice	director	8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Robert S. Mancini	director, 10 percent owner, officer: Chief Executive Officer	C/O RMG ACQUISITION CORP., 50 WEST STREET, SUITE 40C, NEW YORK NY 10006
David James Carpenter	director, 10 percent owner	C/O RMG ACQUISITION CORP., 50 WEST STREET, SUITE 40C, NEW YORK NY 10006
Mkc Investments Llc	10 percent owner	C/O RMG ACQUISITION CORP., 50 WEST STREET, SUITE 40C, NEW YORK NY 10006
W. Thaddeus Miller	director	717 TEXAS AVENUE, SUITE 1000, HOUSTON TX 77002
Craig W. Broderick	director	C/O RMG ACQUISITION CORP., SUITE 40C, 50 WEST STREET, NEW YORK NY 10006
Wesley Sima	officer: Chief Financial Officer	C/O RMG ACQUISITION CORP. II, 50 WEST STREET, SUITE 40C, NEW YORK NY 10006
Rmg Sponsor Ii, Llc	10 percent owner	50 WEST STREET, SUITE 40 C, NEW YORK NY 10006