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Australian Zircon NL (ASX:AZCCA) Debt-to-Equity : -1.21 (As of Jun. 2015)


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What is Australian Zircon NL Debt-to-Equity?

Australian Zircon NL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was A$106.86 Mil. Australian Zircon NL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was A$0.00 Mil. Australian Zircon NL's Total Stockholders Equity for the quarter that ended in Jun. 2015 was A$-88.12 Mil. Australian Zircon NL's debt to equity for the quarter that ended in Jun. 2015 was -1.21.

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 Australian Zircon NL's Debt-to-Equity or its related term are showing as below:

ASX:AZCCA'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.

Australian Zircon NL Debt-to-Equity Historical Data

The historical data trend for Australian Zircon NL'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.

Australian Zircon NL Debt-to-Equity Chart

Australian Zircon NL Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.25 -1.28 -1.20 -1.23 -1.21

Australian Zircon NL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Jun10 Jun11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.20 -1.22 -1.23 -1.22 -1.21

Competitive Comparison of Australian Zircon NL's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Australian Zircon NL'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.


Australian Zircon NL's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Australian Zircon NL's Debt-to-Equity falls into.



Australian Zircon NL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Australian Zircon NL's Debt to Equity Ratio for the fiscal year that ended in Jun. 2015 is calculated as

Australian Zircon NL's Debt to Equity Ratio for the quarter that ended in Jun. 2015 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.


Australian Zircon NL  (ASX:AZCCA) 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.


Australian Zircon NL Debt-to-Equity Related Terms

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Australian Zircon NL (ASX:AZCCA) Business Description

Traded in Other Exchanges
N/A
Address
Australian Zircon NL is incorporated in Australia and was founded in 1994. The Company is engaged in mineral sands exploration and mining business. The Company focuses on developing the WIM150 mineral sands project located in the Wimmera region of western Victoria. It also holds interest in the EL 5460 exploration tenement located in the Horsham region, Victoria.

Australian Zircon NL (ASX:AZCCA) Headlines

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