Rockpool Acquisitions (LSE:ROC) Debt-to-Equity : 0.07 (As of Sep. 2023)

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What is Rockpool Acquisitions Debt-to-Equity?

Rockpool Acquisitions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.01 Mil. Rockpool Acquisitions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.01 Mil. Rockpool Acquisitions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £0.26 Mil. Rockpool Acquisitions's debt to equity for the quarter that ended in Sep. 2023 was 0.07.

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

LSE:ROC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 0.1
Current: 0.07

During the past 6 years, the highest Debt-to-Equity Ratio of Rockpool Acquisitions was 0.10. The lowest was 0.03. And the median was 0.09.

LSE:ROC's Debt-to-Equity is ranked better than
65.99% of 294 companies
in the Diversified Financial Services industry
Industry Median: 0.125 vs LSE:ROC: 0.07

Rockpool Acquisitions Debt-to-Equity Historical Data

The historical data trend for Rockpool Acquisitions'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.

Rockpool Acquisitions Debt-to-Equity Chart

Rockpool Acquisitions Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.10

0.03

Rockpool Acquisitions Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial								0.10	0.10	0.03	0.03	0.07

Competitive Comparison of Rockpool Acquisitions's Debt-to-Equity

For the Shell Companies subindustry, Rockpool Acquisitions'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.

Rockpool Acquisitions's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Rockpool Acquisitions's Debt-to-Equity distribution charts can be found below:

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

Rockpool Acquisitions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rockpool Acquisitions's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.006	+	0.014)	/	0.612
	=	0.03

Rockpool Acquisitions's Debt to Equity Ratio for the quarter 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
	=	(0.006	+	0.012)	/	0.264
	=	0.07

Rockpool Acquisitions (LSE:ROC) 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.

Rockpool Acquisitions Debt-to-Equity Related Terms

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Rockpool Acquisitions (LSE:ROC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Rockpool Acquisitions PLC (LSE:ROC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Cordovan Capital Management Ltd, 5-7 Upper Queen Street, Suite 102, Urban HQ, Belfast, GBR, BT1 6FB

Website

https://www.rockpoolacquisitions.plc.uk

Rockpool Acquisitions PLC is a special purpose acquisition company based in Northern Ireland. The company is seeking to identify and acquire a Northern Ireland-based company that is focused on growth and provides it with that access, helping that company meet its aspirations and full potential.