RHCCF (Royal Helium) Debt-to-Equity: 0.73 (As of Sep. 2024)

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What is Royal Helium Debt-to-Equity?

Royal Helium RHCCF Debt-to-Equity is 0.73 as of Sep. 2024.

Royal Helium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $7.76 Mil. Royal Helium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $17.72 Mil. Royal Helium's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $35.05 Mil. Royal Helium's debt to equity for the quarter that ended in Sep. 2024 was 0.73.

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

RHCCF's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.465
* Ranked among companies with meaningful Debt-to-Equity only.

Royal Helium  (OTCPK:RHCCF) 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.

Royal Helium Debt-to-Equity Related Terms

Royal Helium Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Royal Helium'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.

Royal Helium Debt-to-Equity Chart

Royal Helium Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.72

Royal Helium Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.62 0.72 0.80 0.69 0.73

RHCCF vs GRVE, SPOWF, LEEN: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, Royal Helium'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.

Royal Helium Debt-to-Equity vs Oil & Gas Industry

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

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


Royal Helium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Royal Helium'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
=(3.638 + 22.832) / 36.978
=0.72

Royal Helium's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(7.76 + 17.719) / 35.048
=0.73

* 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 0.73 mean?
Royal Helium (RHCCF) has a Debt-to-Equity of 0.73 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Royal Helium and its competitors.
Is Royal Helium's Debt-to-Equity too high?
Royal Helium's current Debt-to-Equity is 0.73. The Oil & Gas industry median Debt-to-Equity is 0.47. Royal Helium's value of 0.73 is 57% above this industry median.
How does Royal Helium's Debt-to-Equity compare to GRVE and SPOWF?
Royal Helium's Debt-to-Equity of 0.73 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.47. Royal Helium's value of 0.73 is 57% 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 an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.47, based on 796 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. Royal Helium's current Debt-to-Equity of 0.73 is 57% 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 Royal Helium and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Helium's current Debt-to-Equity is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Helium stock overvalued right now?
Royal Helium (RHCCF) has a current Debt-to-Equity of 0.73. The current Debt-to-Equity is 0.73 and 57% above the Oil & Gas industry median of 0.47. 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 Royal Helium (RHCCF), the current Debt-to-Equity is 0.73 as of Sep. 2024. 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.

Royal Helium Business Description

Industry EnergyOil & Gas
Address 224, 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
Royal Helium Ltd is focused on the exploration and development of primary helium production in southern Saskatchewan. Royal is the helium leaseholder in North America. Located next to highways, roads, and cities, and importantly close to existing oil and gas infrastructure, the company's projects were methodically evaluated for helium potential for over two years, and have been vetted by helium experts, professional geologists, and engineers. The company's project includes Saskatchewan Helium Play Elements for Success.