IperionX (ASX:IPX) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is IperionX Debt-to-Equity?

IperionX's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.66 Mil. IperionX's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.86 Mil. IperionX's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$45.08 Mil. IperionX's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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

ASX:IPX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.27
Current: 0.06

During the past 6 years, the highest Debt-to-Equity Ratio of IperionX was 0.27. The lowest was 0.01. And the median was 0.06.

ASX:IPX's Debt-to-Equity is ranked better than
63.76% of 1308 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ASX:IPX: 0.06

IperionX Debt-to-Equity Historical Data

The historical data trend for IperionX'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.

IperionX Debt-to-Equity Chart

IperionX Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.01

0.27

0.07

0.05

IperionX Quarterly Data
	Jun19	Jun20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial							N/A	0.05	N/A	0.06	N/A

Competitive Comparison of IperionX's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, IperionX'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.

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

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

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

IperionX Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IperionX's Debt to Equity Ratio for the fiscal year 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
	=	(0.571	+	0.884)	/	30.639
	=	0.05

IperionX's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.657	+	1.856)	/	45.083
	=	0.06

IperionX (ASX:IPX) 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.

IperionX Debt-to-Equity Related Terms

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IperionX (ASX:IPX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » IperionX Ltd (ASX:IPX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IPX:USA TAOFF:USA 30Z0:Germany 30Z:Germany 30Z:Germany

Address

129 West Trade Street, Suite 1405, Charlotte, NC, USA, 28202

Website

https://www.iperionx.com

IperionX Ltd is a developer of low-carbon, sustainable, critical material supply chains focused on advanced industries including space, aerospace, electric vehicles, and 3D printing. The company's breakthrough titanium technologies have demonstrated the potential to produce titanium products that are sustainable, 100% recyclable, and have low carbon intensity. IperionX is producing titanium metal powders from titanium scrap at its operational pilot facility in Utah, It also holds a 100% interest in the Titan Project, covering over 11,000 acres of critical minerals that include titanium, rare earth elements, silica sand, and zircon in Tennessee, United States.