RideNow Group Debt-to-Equity Ratio Growth & History (RDNW)
RideNow Group's debt-to-equity ratio was 12.42 for fiscal 2024.
View full RideNow Group company overviewRideNow Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 12.42 | 7.85 | +172.04% |
| 2023 | 2023-12-31 | 4.57 | 0.93 | +25.56% |
| 2022 | 2022-12-31 | 3.64 | 3.36 | +1241.55% |
| 2021 | 2021-12-31 | 0.27 | −7.96 | −96.71% |
| 2020 | 2020-12-31 | 8.23 | 1.62 | +24.43% |
| 2019 | 2019-12-31 | 6.61 | 4.71 | +248.12% |
| 2018 | 2018-12-31 | 1.90 | 1.82 | +2423.70% |
| 2017 | 2017-12-31 | 0.08 | 0.08 | — |
| 2016 | 2016-12-31 | 0.00 | — | — |
RideNow Group quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2025 | 2025-03-31 | 12.81 | 8.69 | +211.11% |
| Q4 2024 | 2024-12-31 | 12.42 | 7.85 | +172.04% |
| Q3 2024 | 2024-09-30 | 4.59 | 3.20 | +230.83% |
| Q2 2024 | 2024-06-30 | 4.09 | 3.01 | +280.31% |
| Q1 2024 | 2024-03-31 | 4.12 | 3.15 | +324.21% |
| Q4 2023 | 2023-12-31 | 4.57 | 0.93 | +25.56% |
| Q3 2023 | 2023-09-30 | 1.39 | 1.02 | +275.75% |
| Q2 2023 | 2023-06-30 | 1.07 | 0.71 | +193.14% |
| Q1 2023 | 2023-03-31 | 0.97 | 0.59 | +157.40% |
| Q4 2022 | 2022-12-31 | 3.64 | 3.36 | +1241.55% |
| Q3 2022 | 2022-09-30 | 0.37 | 0.21 | +131.42% |
| Q2 2022 | 2022-06-30 | 0.37 | −0.60 | −62.20% |
| Q1 2022 | 2022-03-31 | 0.38 | −35.28 | −98.94% |
| Q4 2021 | 2021-12-31 | 0.27 | −7.96 | −96.71% |
| Q3 2021 | 2021-09-30 | 0.16 | −5.15 | −97.00% |
| Q2 2021 | 2021-06-30 | 0.97 | −8.92 | −90.19% |
| Q1 2021 | 2021-03-31 | 35.66 | 18.01 | +102.10% |
| Q4 2020 | 2020-12-31 | 8.23 | 1.62 | +24.43% |
| Q3 2020 | 2020-09-30 | 5.31 | 2.45 | +85.85% |
| Q2 2020 | 2020-06-30 | 9.89 | 7.32 | +285.13% |
| Q1 2020 | 2020-03-31 | 17.64 | 15.40 | +687.23% |
| Q4 2019 | 2019-12-31 | 6.61 | 4.71 | +248.12% |
| Q3 2019 | 2019-09-30 | 2.86 | 2.53 | +774.04% |
| Q2 2019 | 2019-06-30 | 2.57 | 2.04 | +387.78% |
| Q1 2019 | 2019-03-31 | 2.24 | 2.19 | +4143.94% |
| Q4 2018 | 2018-12-31 | 1.90 | 1.82 | +2423.70% |
| Q3 2018 | 2018-09-30 | 0.33 | −0.15 | −31.12% |
| Q2 2018 | 2018-06-30 | 0.53 | 0.53 | — |
| Q1 2018 | 2018-03-31 | 0.05 | 0.05 | — |
| Q4 2017 | 2017-12-31 | 0.08 | 0.08 | — |
| Q3 2017 | 2017-09-30 | 0.47 | — | — |
| Q2 2017 | 2017-06-30 | 0.00 | — | — |
| Q1 2017 | 2017-03-31 | 0.00 | — | — |
| Q4 2016 | 2016-12-31 | 0.00 | — | — |
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.
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.
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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