Regenx Tech (Regenx Tech) Debt-to-Equity : 1.37 (As of Mar. 2024)

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What is Regenx Tech Debt-to-Equity?

Regenx Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.15 Mil. Regenx Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.37 Mil. Regenx Tech's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $3.30 Mil. Regenx Tech's debt to equity for the quarter that ended in Mar. 2024 was 1.37.

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

RGXTD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 2.28
Current: 1.37

During the past 13 years, the highest Debt-to-Equity Ratio of Regenx Tech was 2.28. The lowest was 0.01. And the median was 0.12.

RGXTD's Debt-to-Equity is ranked worse than
91.3% of 1310 companies
in the Metals & Mining industry
Industry Median: 0.13 vs RGXTD: 1.37

Regenx Tech Debt-to-Equity Historical Data

The historical data trend for Regenx Tech'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.

Regenx Tech Debt-to-Equity Chart

Regenx Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.12

0.31

0.30

0.95

Regenx Tech Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.26	0.55	2.28	0.95	1.37

Competitive Comparison of Regenx Tech's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Regenx Tech'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.

Regenx Tech's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Regenx Tech's Debt-to-Equity distribution charts can be found below:

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

Regenx Tech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Regenx Tech'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
	=	(0.162	+	3.731)	/	4.109
	=	0.95

Regenx Tech's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0.146	+	4.365)	/	3.296
	=	1.37

Regenx Tech (OTCPK:RGXTD) 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.

Regenx Tech Debt-to-Equity Related Terms

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

Regenx Tech (Regenx Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Regenx Tech Corp (OTCPK:RGXTD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PQ0:Germany RGX:Canada

Address

250 2nd Street South West, Suite 1000, Livingston Place West, Calgary, AB, CAN, T2P 0C1

Website

https://www.regenx.tech

Regenx Tech Corp is positioned for growth in the catalytic converter and mining sectors through the development and commercialization of its proprietary, environmentally friendly processing technologies for the recovery of precious metals. Its focus is the extraction of platinum and palladium from diesel catalytic converters. It solves smelter problems and recovers the majority of the precious metals from retired catalytic converters. The Company has two operating segments, exploration and development of mineral properties in Spain and mineral extraction through the use of its proprietary equipment in North America.