RAKR (Rainmaker Worldwide) LT-Debt-to-Total-Asset : 12.80 (As of Dec. 2024)

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What is Rainmaker Worldwide LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Rainmaker Worldwide's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 12.80.

Rainmaker Worldwide's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (12.80). It may suggest that Rainmaker Worldwide is progressively becoming more dependent on debt to grow their business.

Rainmaker Worldwide LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rainmaker Worldwide's LT-Debt-to-Total-Asset 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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Rainmaker Worldwide LT-Debt-to-Total-Asset Chart

Rainmaker Worldwide Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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1.21

9.03

12.80

Rainmaker Worldwide Quarterly Data
	Jun17	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	1.77	1.99	2.29	12.80

Rainmaker Worldwide LT-Debt-to-Total-Asset Calculation

Rainmaker Worldwide's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	0.64	/	0.05
	=	12.80

Rainmaker Worldwide's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	0.64	/	0.05
	=

Rainmaker Worldwide (OTCPK:RAKR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Rainmaker Worldwide LT-Debt-to-Total-Asset Related Terms

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Rainmaker Worldwide Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rainmaker Worldwide Inc (OTCPK:RAKR) » Definitions » LT-Debt-to-Total-Asset

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Address

271 Brock Street, Peterborough, ON, CAN, K9H 2P8

Website

https://www.rainmakerww.com

Rainmaker Worldwide Inc is a leader in affordable water solutions. It provides economical drinking water at scale wherever it is needed. The company focuses on the deployment of water solutions including water production from air, wastewater treatment and complex water purification systems in the Americas and globally.