Regal Rexnord (MEX:RRX) Debt-to-Asset : 0.40 (As of Sep. 2024)

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What is Regal Rexnord Debt-to-Asset?

Regal Rexnord's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN823 Mil. Regal Rexnord's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN113,755 Mil. Regal Rexnord's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was MXN286,671 Mil. Regal Rexnord's debt to asset for the quarter that ended in Sep. 2024 was 0.40.

Regal Rexnord Debt-to-Asset Historical Data

The historical data trend for Regal Rexnord's Debt-to-Asset 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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Regal Rexnord Debt-to-Asset Chart

Regal Rexnord Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.27

0.25

0.20

0.21

0.42

Regal Rexnord Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.43	0.42	0.43	0.41	0.40

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

For the Specialty Industrial Machinery subindustry, Regal Rexnord's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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-Asset Distribution in the Industrial Products Industry

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

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

Regal Rexnord Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(697.642	+	110488.775)	/	261936.41
	=	0.42

Regal Rexnord's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(823.055	+	113754.801)	/	286671.078
	=	0.40

Regal Rexnord (MEX:RRX) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Regal Rexnord Debt-to-Asset Related Terms

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Regal Rexnord Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Regal Rexnord Corp (MEX:RRX) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

RRX:USA

Address

111 West Michigan Street, Milwaukee, WI, USA, 53203

Website

https://www.regalrexnord.com

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.