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ABx Group (ASX:ABX) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is ABx Group Debt-to-Equity?

ABx Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. ABx Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. ABx Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$12.78 Mil. ABx Group's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 ABx Group's Debt-to-Equity or its related term are showing as below:

ASX:ABX's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

ABx Group Debt-to-Equity Historical Data

The historical data trend for ABx Group'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.

ABx Group Debt-to-Equity Chart

ABx Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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ABx Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of ABx Group's Debt-to-Equity

For the Aluminum subindustry, ABx Group'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.


ABx Group's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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



ABx Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ABx Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

ABx Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


ABx Group  (ASX:ABX) 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.


ABx Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of ABx Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


ABx Group (ASX:ABX) Business Description

Traded in Other Exchanges
N/A
Address
Level 5, 52 Phillip Street, Sydney, NSW, AUS, 2000
ABx Group Ltd is a bauxite exploration and development company. It explores and develops bauxite in Queensland, New South Wales, and Tasmania. It operates in the mineral, exploration, and development of resources in Australia. Its projects include Binjour Project, Rare Earth elements and Tasmanian Project.

ABx Group (ASX:ABX) Headlines

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