Bezant Resources (Bezant Resources) Debt-to-Equity : 0.04 (As of Jun. 2023)

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What is Bezant Resources Debt-to-Equity?

Bezant Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.55 Mil. Bezant Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Bezant Resources's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $13.21 Mil. Bezant Resources's debt to equity for the quarter that ended in Jun. 2023 was 0.04.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bezant Resources's Debt-to-Equity or its related term are showing as below:

BZZZF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.06
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Bezant Resources was 0.06. The lowest was 0.03. And the median was 0.04.

BZZZF's Debt-to-Equity is ranked better than
70.53% of 1310 companies
in the Metals & Mining industry
Industry Median: 0.13 vs BZZZF: 0.04

Bezant Resources Debt-to-Equity Historical Data

The historical data trend for Bezant Resources's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bezant Resources Debt-to-Equity Chart

Bezant Resources Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.06

Bezant Resources Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	0.03	0.06	0.04

Competitive Comparison of Bezant Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Bezant Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bezant Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Bezant Resources's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bezant Resources's Debt-to-Equity falls into.

Bezant Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bezant Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.759	+	0)	/	11.823
	=	0.06

Bezant Resources's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.549	+	0)	/	13.211
	=	0.04

Bezant Resources (OTCPK:BZZZF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Bezant Resources Debt-to-Equity Related Terms

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Bezant Resources (Bezant Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bezant Resources PLC (OTCPK:BZZZF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BZT.GB:UK BZT:UK BN5:Germany

Address

4 Thomas More Square, Floor 6, Quadrant House, London, GBR, E1W 1YW

Website

https://www.bezantresources.com

Bezant Resources PLC is a United Kingdom-based exploration company that is engaged in the exploration, evaluation, beneficiation and development of mineral resources. The company's exploration projects include the Kalengwa copper-silver project in Zambia; Hope Copper-Gold Project; Kanye Manganese Project in Botswana; Mankayan Project in the Philippines and the Eureka Project in northern Argentina. The operations of the Group are focused in geographical segments, namely the UK, Argentina, Namibia, and Botswana, and comprise one class of business: the exploration, evaluation and development of mineral resources. The UK is used for the administration of the Group and includes equity investments in non-group companies .

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