RGXTF (Regenx Tech) LT-Debt-to-Total-Asset: 0.50 (As of Dec. 2024)


What is Regenx Tech LT-Debt-to-Total-Asset?

Regenx Tech RGXTF LT-Debt-to-Total-Asset is 0.50 as of Dec. 2024.

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. Regenx Tech's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.50.

Regenx Tech's long-term debt to total assets ratio increased from Dec. 2023 (0.46) to Dec. 2024 (0.50). It may suggest that Regenx Tech is progressively becoming more dependent on debt to grow their business.

Regenx Tech  (OTCPK:RGXTF) 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.

Regenx Tech LT-Debt-to-Total-Asset Related Terms

Regenx Tech LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Regenx Tech'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.

Regenx Tech LT-Debt-to-Total-Asset Chart

Regenx Tech Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.22 0.21 0.46 0.50

Regenx Tech Quarterly Data
Mar20 Jun20 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 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 0.46 0.55 0.48 0.62 0.50

Regenx Tech LT-Debt-to-Total-Asset Calculation

Regenx Tech'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 )
=3.097/6.225
=0.50

Regenx Tech'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 )
=3.097/6.225
=0.50

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.50 mean?
Regenx Tech (RGXTF) has a LT-Debt-to-Total-Asset of 0.50 as of Dec. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Regenx Tech and its competitors.
Is Regenx Tech's LT-Debt-to-Total-Asset too high?
Regenx Tech's current LT-Debt-to-Total-Asset is 0.50.
How does Regenx Tech's LT-Debt-to-Total-Asset compare to SRGZ and SILS?
Regenx Tech's LT-Debt-to-Total-Asset of 0.50 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Regenx Tech and its competitors. Regenx Tech's current LT-Debt-to-Total-Asset is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regenx Tech stock overvalued right now?
Regenx Tech (RGXTF) has a current LT-Debt-to-Total-Asset of 0.50. The current LT-Debt-to-Total-Asset is 0.50. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Regenx Tech (RGXTF), the current LT-Debt-to-Total-Asset is 0.50 as of Dec. 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.

Regenx Tech Business Description

Address 101 Lafleur Drive, St. Albert, AB, CAN, T8N 7M8
Regenx Tech Corp is a cleantech, urban mining company that recycles end-of-life diesel catalytic converters using its environmentally friendly proprietary technology for the recovery of precious metals, such as platinum and palladium.