RideNow Group Debt-to-Equity Ratio Growth & History (RDNW)

RideNow Group's debt-to-equity ratio was 12.42 for fiscal 2024.

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RideNow Group annual debt-to-equity ratio history

RideNow Group annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20242024-12-3112.427.85+172.04%
20232023-12-314.570.93+25.56%
20222022-12-313.643.36+1241.55%
20212021-12-310.27−7.96−96.71%
20202020-12-318.231.62+24.43%
20192019-12-316.614.71+248.12%
20182018-12-311.901.82+2423.70%
20172017-12-310.080.08
20162016-12-310.00

RideNow Group debt-to-equity ratio trends

Over the last five fiscal years, RideNow Group's debt-to-equity ratio increased from 6.61 to 12.42, a change of 5.81. The latest reported quarter, Q1 2025, shows 12.81.

About the metric

What the debt-to-equity ratio means

The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.

Calculation and source

How debt-to-equity is calculated

TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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