Remora Royalties (Remora Royalties) Debt-to-Equity : -2.56 (As of Jun. 2018)

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What is Remora Royalties Debt-to-Equity?

Remora Royalties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $0.00 Mil. Remora Royalties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $55.52 Mil. Remora Royalties's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $-21.71 Mil. Remora Royalties's debt to equity for the quarter that ended in Jun. 2018 was -2.56.

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

RRI's Debt-to-Equity is not ranked ^*
in the industry.
Industry Median:
* Ranked among companies with meaningful Debt-to-Equity only.

Remora Royalties Debt-to-Equity Historical Data

The historical data trend for Remora Royalties'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.

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Remora Royalties Debt-to-Equity Chart

Remora Royalties Annual Data

Trend

Dec16

Dec17

Debt-to-Equity

-3.14

-3.40

Remora Royalties Quarterly Data
	Dec16	Dec17	Jun18
Debt-to-Equity	-3.14	-3.40	-2.56

Competitive Comparison of Remora Royalties's Debt-to-Equity

For the subindustry, Remora Royalties'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.

Remora Royalties's Debt-to-Equity Distribution in the Industry

For the industry and sector, Remora Royalties's Debt-to-Equity distribution charts can be found below:

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

Remora Royalties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Remora Royalties's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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	+	49.186)	/	-14.471
	=	-3.40

Remora Royalties's Debt to Equity Ratio for the quarter that ended in Jun. 2018 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	+	55.515)	/	-21.707
	=	-2.56

Remora Royalties (NAS:RRI) 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.

Remora Royalties Debt-to-Equity Related Terms

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Remora Royalties (Remora Royalties) Business Description

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