Real Matters (TSX:REAL) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Real Matters Debt-to-Equity?

Real Matters's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$1.9 Mil. Real Matters's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$2.9 Mil. Real Matters's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$149.0 Mil. Real Matters's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Real Matters's Debt-to-Equity or its related term are showing as below:

TSX:REAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.2
Current: 0.03

During the past 10 years, the highest Debt-to-Equity Ratio of Real Matters was 0.20. The lowest was 0.00. And the median was 0.04.

TSX:REAL's Debt-to-Equity is ranked better than
95.14% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs TSX:REAL: 0.03

Real Matters Debt-to-Equity Historical Data

The historical data trend for Real Matters'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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Real Matters Debt-to-Equity Chart

Real Matters Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

0.04

0.05

0.04

Real Matters 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															0.05	0.05	0.04	0.04	0.03

Competitive Comparison of Real Matters's Debt-to-Equity

For the Real Estate Services subindustry, Real Matters'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.

Real Matters's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Real Matters's Debt-to-Equity distribution charts can be found below:

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

Real Matters Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Real Matters's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(2.26	+	3.292)	/	150.976
	=	0.04

Real Matters'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
	=	(1.927	+	2.93)	/	149.044
	=	0.03

Real Matters (TSX:REAL) 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.

Real Matters Debt-to-Equity Related Terms

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

Real Matters (TSX:REAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Real Matters Inc (TSX:REAL) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

RLLMF:USA

Address

50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8

Website

https://www.realmatters.com

Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.