Regional Express Holdings (ASX:REX) Debt-to-Equity: 2.62 (As of Dec. 2023)

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ASX:REX Regional Express Holdings Ltd ASX:REX
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What is Regional Express Holdings Debt-to-Equity?

Regional Express Holdings ASX:REX 4 Debt-to-Equity is 2.62 as of Dec. 2023. GuruFocus rates ASX:REX with a GF Score™ of 4/100.

Regional Express Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$40.6 Mil. Regional Express Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$368.8 Mil. Regional Express Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$156.4 Mil. Regional Express Holdings's debt to equity for the quarter that ended in Dec. 2023 was 2.62.

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 Regional Express Holdings's Debt-to-Equity or its related term are showing as below:

ASX:REX's Debt-to-Equity is not ranked *
in the Transportation industry.
Industry Median: 0.53
* Ranked among companies with meaningful Debt-to-Equity only.

Regional Express Holdings  (ASX:REX) 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.


Regional Express Holdings Debt-to-Equity Related Terms


Regional Express Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Regional Express Holdings'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.

Regional Express Holdings Debt-to-Equity Chart

Regional Express Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.10 0.88 1.43 2.02

Regional Express Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.39 1.43 2.48 2.02 2.62

ASX:REX vs DAL, LUV, UAL: Debt-to-Equity Comparison

For the Airlines subindustry, Regional Express Holdings'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.


Regional Express Holdings Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Regional Express Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Regional Express Holdings's Debt-to-Equity falls into.


ASX:REX
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Regional Express Holdings Ltd ASX:REX
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Regional Express Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Regional Express Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Regional Express Holdings'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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.62 mean?
Regional Express Holdings (ASX:REX) has a Debt-to-Equity of 2.62 as of Dec. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Regional Express Holdings and its competitors.
Is Regional Express Holdings' Debt-to-Equity too high?
Regional Express Holdings' current Debt-to-Equity is 2.62. The Transportation industry median Debt-to-Equity is 0.53. Regional Express Holdings' value of 2.62 is 394.3% above this industry median. Overall, Regional Express Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Regional Express Holdings' Debt-to-Equity compare to DAL and LUV?
Regional Express Holdings' Debt-to-Equity of 2.62 can be compared against companies in the Transportation industry. The industry median Debt-to-Equity is 0.53. Regional Express Holdings' value of 2.62 is 394.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 910 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Regional Express Holdings's current Debt-to-Equity of 2.62 is 394.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Regional Express Holdings and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Regional Express Holdings's current Debt-to-Equity is 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regional Express Holdings stock overvalued right now?
Regional Express Holdings (ASX:REX) has a current Debt-to-Equity of 2.62. The current Debt-to-Equity is 2.62 and 394.3% above the Transportation industry median of 0.53. Regional Express Holdings' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Regional Express Holdings (ASX:REX), the current Debt-to-Equity is 2.62 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Regional Express Holdings Business Description

Address 81-83 Baxter Road, Mascot, Sydney, NSW, AUS, 2020
Regional Express Holdings Ltd is an Australian-based airline company. The company is engaged in the provision of air services for the transportation of passengers and freight. Its operating segment includes Regular public transport, Charter and other, and Training. The company generates maximum revenue from the Regular public transport segment. Some of its services include Web Check-in; Print Invoices; Safe Hand Baggage; Travel Insurance and others.
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