Rio Tinto (RIO)
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43.53
-0.66 -1.49%
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May 24, 5:00PM
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Rio Tinto Debt to Equity Ratio:
0.5723 for Dec. 31, 2012Rio Tinto Historical Debt to Equity Ratio Data
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About Debt to Equity Ratio
Leverage ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets. A low debt to equity ratio indicates lower risk, because debt holders have less claims on the company's assets. A debt to equity ratio of 5 means that debt holders have a 5 times more claim on assets than equity holders.
A high debt to equity ratio usually means that a company has been aggressive in financing growth with debt and often results in volatile earnings.
It is also known as Debt/Equity Ratio, Debt-Equity Ratio, and D/E Ratio.
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RIO Debt to Equity Ratio Benchmarks
| Companies | |
|---|---|
| BHP Billiton | |
| Vale | 0.3939 |
| Denison Mines Corporation | 0.0004 |
RIO Debt to Equity Ratio Rankings
| Overall |
60th percentile 3149 of 8009 |
| Sector |
50th percentile 247 of 495 in Basic Materials |
| Industry |
50th percentile 78 of 157 in Industrial Metals & Minerals |
RIO Debt to Equity Ratio Range, Past 5 Years
| Minimum | 0.2609 | Dec 2010 |
| Maximum | 1.926 | Dec 2008 |
| Average | 0.7426 |