Relx (RELX) Debt Ratio (2009 - 2023)
Relx (RELX) posted quarterly Debt Ratio of 0.35 for Q4 2023, down 6.13% year-over-year from 0.37 in Q4 2022, and down 6.13% quarter-over-quarter from 0.37 in Q4 2022.
Relx (RELX) Debt Ratio (2009 - 2023) Analysis & Trends
Relx (RELX) has reported Debt Ratio for 9 consecutive years, with 0.35 the latest figure, recorded in Q4 2023.
- In Q4 2023, Debt Ratio fell 6.13% year-over-year to 0.35; the TTM figure through Dec 2023 stood at 0.35 (down 6.13% YoY), while the FY2023 annual figure was 0.35, down 3.16% from the prior year.
- Debt Ratio declined to 0.35 in Q4 2023 per RELX's latest filing, from 0.37 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.9 in Q2 2021 and bottomed at 0.35 in Q4 2023.
- Historically, Debt Ratio has averaged 0.47 across 5 years, with a median of 0.43 in 2021.
- Annual changes were most pronounced in 2021 — Debt Ratio soared 104.49% — and 2022, when it plunged 56.84%.
- Relx's Debt Ratio stood at 0.47 in 2019, then grew by 8.26% to 0.5 in 2020, then retreated by 14.95% to 0.43 in 2021, then retreated by 13.56% to 0.37 in 2022, then slipped by 6.13% to 0.35 in 2023.
- Business Quant data shows RELX's Debt Ratio at 0.35 in Q4 2023, 0.37 in Q4 2022, and 0.39 in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 0.23 |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | - |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 0.37 |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 0.24 |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 0.44 |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 0.10 |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | - |
| 10 | Unifirst | 5.23 Bn | 5.06 Bn | 234.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.37 |
| Jun 30, 2022 | 0.39 |
| Dec 31, 2021 | 0.43 |
| Jun 30, 2021 | 0.90 |
| Dec 31, 2020 | 0.50 |
| Jun 30, 2020 | 0.44 |
| Dec 31, 2019 | 0.47 |
| Jun 30, 2019 | 0.41 |
| Dec 31, 2018 | 0.45 |
| Jun 30, 2018 | 0.39 |
| Dec 31, 2017 | 0.42 |
| Dec 31, 2016 | 0.38 |
| Dec 31, 2009 | 0.36 |
| Jun 30, 2009 | 0.43 |