Rision (ASX:RNL) Debt-to-Equity: -0.72 (As of Dec. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Rision Debt-to-Equity?

Rision ASX:RNL Debt-to-Equity is -0.72 as of Dec. 2019. The stock has 4 warning signs investors should review.

Rision's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was A$0.91 Mil. Rision's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was A$0.00 Mil. Rision's Total Stockholders Equity for the quarter that ended in Dec. 2019 was A$-1.26 Mil. Rision's debt to equity for the quarter that ended in Dec. 2019 was -0.72.

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

ASX:RNL' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.96   Med: 0.02   Max: 2.18
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Rision was 2.18. The lowest was -0.96. And the median was 0.02.

ASX:RNL's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.2 vs ASX:RNL: 0.02

Rision  (ASX:RNL) 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.


Rision Debt-to-Equity Related Terms


Rision Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Rision'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.

Rision Debt-to-Equity Chart

Rision Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.19 0.02 -0.33 -0.66

Rision Semi-Annual Data
Dec09 Jun10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 -13.31 -0.33 -0.79 -0.66 -0.72

ASX:RNL vs IGEN, IGMB, MCCX: Debt-to-Equity Comparison

For the Software - Application subindustry, Rision'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.


Rision Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Rision's Debt-to-Equity distribution charts can be found below:

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



Rision Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rision's Debt to Equity Ratio for the fiscal year that ended in Jun. 2019 is calculated as

Rision's Debt to Equity Ratio for the quarter that ended in Dec. 2019 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 -0.72 mean?
Rision (ASX:RNL) has a Debt-to-Equity of -0.72 as of Dec. 2019. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Rision and its competitors.
Is Rision's Debt-to-Equity too high?
Rision's current Debt-to-Equity is -0.72.
How does Rision's Debt-to-Equity compare to IGEN and IGMB?
Rision's Debt-to-Equity of -0.72 can be compared against companies in the Software industry. The industry median Debt-to-Equity is 0.20. 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,243 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. 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 Rision and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rision's current Debt-to-Equity is -0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rision stock overvalued right now?
Rision (ASX:RNL) has a current Debt-to-Equity of -0.72. The current Debt-to-Equity is -0.72. 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 Rision (ASX:RNL), the current Debt-to-Equity is -0.72 as of Dec. 2019. 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.

Rision Business Description

Address 44 St Georges Terrace, Level 24, Balwyn, Perth, WA, AUS, 6000
Rision Ltd is an Australia-based cloud-based software as a service (SaaS) provider. It has developed a platform that enables candidates to find and manage their work, and businesses to identify, employ and roster staff, and manage timesheets. It is focused on providing cloud-based human resourcing solutions for organizations that manage contingent workers and their employees. The company's platform is designed for use by job seekers, businesses and their employees, and human resources professionals.