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

Jupiter Mines (ASX:JMS) Debt-to-Equity : 0.00 (As of Aug. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Jupiter Mines Debt-to-Equity?

Jupiter Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was A$0.09 Mil. Jupiter Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was A$0.35 Mil. Jupiter Mines's Total Stockholders Equity for the quarter that ended in Aug. 2023 was A$474.40 Mil. Jupiter Mines's debt to equity for the quarter that ended in Aug. 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 Jupiter Mines's Debt-to-Equity or its related term are showing as below:

ASX:JMS'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.

Jupiter Mines Debt-to-Equity Historical Data

The historical data trend for Jupiter Mines'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.

Jupiter Mines Debt-to-Equity Chart

Jupiter Mines Annual Data
Trend Aug17 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-Equity
Get a 7-Day Free Trial - - - - -

Jupiter Mines Semi-Annual Data
Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Jupiter Mines's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Jupiter Mines'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.


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

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

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



Jupiter Mines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jupiter Mines's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Jupiter Mines's Debt to Equity Ratio for the quarter that ended in Aug. 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.


Jupiter Mines  (ASX:JMS) 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.


Jupiter Mines Debt-to-Equity Related Terms

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


Jupiter Mines (ASX:JMS) Business Description

Traded in Other Exchanges
Address
220 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Jupiter Mines Ltd is a mining explorer and producer focusing on iron ore and manganese exploration and development projects in Western Australia and South Africa. Its core assets are Tshipi Manganese Project and Central Yilgarn Iron Projects.

Jupiter Mines (ASX:JMS) Headlines

No Headlines