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Discovery Metals (ASX:DML) Debt-to-Asset : 0.54 (As of Jun. 2014)


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What is Discovery Metals Debt-to-Asset?

Discovery Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was A$0.3 Mil. Discovery Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was A$116.3 Mil. Discovery Metals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2014 was A$214.6 Mil. Discovery Metals's debt to asset for the quarter that ended in Jun. 2014 was 0.54.


Discovery Metals Debt-to-Asset Historical Data

The historical data trend for Discovery Metals's Debt-to-Asset 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.

Discovery Metals Debt-to-Asset Chart

Discovery Metals Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.42 0.60 0.54

Discovery Metals Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 0.42 0.60 0.54

Competitive Comparison of Discovery Metals's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Discovery Metals's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Discovery Metals's Debt-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Discovery Metals's Debt-to-Asset falls into.



Discovery Metals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Discovery Metals's Debt-to-Asset for the fiscal year that ended in Jun. 2014 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.309 + 116.307) / 214.641
=0.54

Discovery Metals's Debt-to-Asset for the quarter that ended in Jun. 2014 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.309 + 116.307) / 214.641
=0.54

* 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.


Discovery Metals  (ASX:DML) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Discovery Metals Debt-to-Asset Related Terms

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Discovery Metals (ASX:DML) Business Description

Traded in Other Exchanges
N/A
Address
Discovery Metals Limited (DML) is incorporated in Australia. It is engaged in nickel and copper exploration company. The company focuses on the exploration and development on its two major projects in Botswana being the Maun Copper Project and the Dikoloti Nickel Project.

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