Response Plus Holding (ADX:RPM) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Response Plus Holding Debt-to-Equity?

Response Plus Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ0.5 Mil. Response Plus Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ0.4 Mil. Response Plus Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was د.إ230.0 Mil. Response Plus Holding's debt to equity for the quarter that ended in Dec. 2023 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 Response Plus Holding's Debt-to-Equity or its related term are showing as below:

During the past 4 years, the highest Debt-to-Equity Ratio of Response Plus Holding was 0.01. The lowest was -0.01. And the median was 0.01.

ADX:RPM's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Response Plus Holding Debt-to-Equity Historical Data

The historical data trend for Response Plus Holding'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.

Response Plus Holding Debt-to-Equity Chart

Response Plus Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-0.01

0.01

Response Plus Holding Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.01	0.01	0.01	-	-

Competitive Comparison of Response Plus Holding's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Response Plus Holding'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.

Response Plus Holding's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Response Plus Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Response Plus Holding's Debt-to-Equity falls into.

Response Plus Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Response Plus Holding's Debt to Equity Ratio for the fiscal year 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
	=	(0.489	+	0.401)	/	230.041
	=	0.00

Response Plus Holding'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
	=	(0.489	+	0.401)	/	230.041
	=	0.00

Response Plus Holding (ADX:RPM) 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.

Response Plus Holding Debt-to-Equity Related Terms

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

Response Plus Holding (ADX:RPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Response Plus Holding (ADX:RPM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Burjeel Medical City, MBZ City, P.O. Box 130336, Zone D, 3rd Floor, Abu Dhabi, ARE

Website

https://rpm.ae

Response Plus Holding is engaged in the supply of manpower and medical equipment and the management of hospitals, clinics, and medical centers. The company's business activities are; healthcare services, investment in the healthcare-related business, investing in real estate and movables necessary for carrying out its activities, and management of affiliated companies. Geographically, it operates in the following markets; United Arab Emirates, Kingdom of Saudi Arabia, and Sultanate of Oman. Out of which a majority of its revenue comes from the United Arab Emirates market.