RGC Resources Stock

RGC Resources Debt 2024

RGC Resources Debt

139.7 USD

Ticker

RGCO

ISIN

US74955L1035

WKN

923467

In 2024, RGC Resources's total debt was 139.7 USD, a 5.75% change from the 132.1 USD total debt recorded in the previous year.

RGC Resources Aktienanalyse

What does RGC Resources do?

RGC Resources Inc is a company based in Virginia, USA, that operates in the energy and gas sector. The company was founded in 1912 and has gained extensive experience in energy generation and the distribution of natural gas to residential and business customers since then. The company's business model is to provide reliable natural gas supply to various customer areas. RGC Resources Inc supplies customers in Virginia and North Carolina with natural gas for heating, cooling, cooking, and industrial applications. Additionally, the company also offers various renewable energy sources such as solar and geothermal projects. The company operates in three business segments. The first segment includes subsidiaries Roanoke Gas Company and Diversified Energy Company. Roanoke Gas Company is responsible for natural gas supply to customers in Virginia, while Diversified Energy Company supplies natural gas to customers in North Carolina. The second segment focuses on renewable energy sources such as solar, geothermal, and biomass. The third segment is responsible for pipeline operations. In terms of products, RGC Resources Inc offers various natural gas services. These include installation and maintenance services for heating systems, cooking appliances, and gas lines, as well as cleaning services for gas appliances. Additionally, the company provides special offers for businesses with high energy consumption. All of this is supported by the company's commitment to environmentally friendly energy supply. RGC Resources Inc is aware that growing energy needs and environmental impacts are important issues in today's world. Therefore, the company strives to align growth with the environment by relying on renewable energy sources. In a time where environmental protection has a high priority, RGC Resources Inc sets a good example by promoting the use of renewable energy sources. The company recognized the full potential of renewable energy early on and began expanding its business segments through renewable energy sources. These efforts have resulted in increased resilience of the company to market fluctuations. Overall, RGC Resources Inc is a company that aims to provide reliable and environmentally friendly energy supply and is dedicated to expanding its business field through renewable energies. The company has an excellent reputation for its high quality standards and customer satisfaction. The team at RGC Resources Inc is committed to continue innovating and ensuring a cleaner energy supply for the future. RGC Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding RGC Resources's Debt Structure

RGC Resources's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing RGC Resources's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to RGC Resources’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in RGC Resources’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about RGC Resources stock

What is the debt of RGC Resources this year?

RGC Resources has a debt level of 139.7 USD this year.

What was the debt of RGC Resources compared to the previous year?

The debt of RGC Resources has increased by 5.75% compared to the previous year increased.

What are the consequences of high debt for investors in RGC Resources?

High debt can pose a risk for investors of RGC Resources, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of RGC Resources?

Low debt means that RGC Resources has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from RGC Resources affect the company?

An increase in debt of RGC Resources can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of RGC Resources affect the company?

A reduction in debt of RGC Resources can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of RGC Resources?

Some factors that can influence the debt of RGC Resources include investments, acquisitions, operating costs, and revenue development.

Why are the debts of RGC Resources so important for investors?

The debts of RGC Resources are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can RGC Resources take to change the debt?

To change the debt, RGC Resources can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does RGC Resources pay?

Over the past 12 months, RGC Resources paid a dividend of 0.79 USD . This corresponds to a dividend yield of about 3.78 %. For the coming 12 months, RGC Resources is expected to pay a dividend of 0.69 USD.

What is the dividend yield of RGC Resources?

The current dividend yield of RGC Resources is 3.78 %.

When does RGC Resources pay dividends?

RGC Resources pays a quarterly dividend. This is distributed in the months of November, February, May, August.

How secure is the dividend of RGC Resources?

RGC Resources paid dividends every year for the past 22 years.

What is the dividend of RGC Resources?

For the upcoming 12 months, dividends amounting to 0.69 USD are expected. This corresponds to a dividend yield of 3.28 %.

In which sector is RGC Resources located?

RGC Resources is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von RGC Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of RGC Resources from 8/1/2024 amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on 7/17/2024.

When did RGC Resources pay the last dividend?

The last dividend was paid out on 8/1/2024.

What was the dividend of RGC Resources in the year 2023?

In the year 2023, RGC Resources distributed 0.78 USD as dividends.

In which currency does RGC Resources pay out the dividend?

The dividends of RGC Resources are distributed in USD.

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Andere Kennzahlen von RGC Resources

Our stock analysis for RGC Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of RGC Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.