CNMC Goldmine Holdings (SGX:5TP) Debt-to-Equity : 0.04 (As of Dec. 2023)

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What is CNMC Goldmine Holdings Debt-to-Equity?

CNMC Goldmine Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.65 Mil. CNMC Goldmine Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1.80 Mil. CNMC Goldmine Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$55.27 Mil. CNMC Goldmine Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 CNMC Goldmine Holdings's Debt-to-Equity or its related term are showing as below:

SGX:5TP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.04
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of CNMC Goldmine Holdings was 0.04. The lowest was 0.00. And the median was 0.02.

SGX:5TP's Debt-to-Equity is ranked better than
70.64% of 1301 companies
in the Metals & Mining industry
Industry Median: 0.13 vs SGX:5TP: 0.04

CNMC Goldmine Holdings Debt-to-Equity Historical Data

The historical data trend for CNMC Goldmine Holdings'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.

CNMC Goldmine Holdings Debt-to-Equity Chart

CNMC Goldmine Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.03

0.04

CNMC Goldmine Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.01	0.03	0.04	0.04

Competitive Comparison of CNMC Goldmine Holdings's Debt-to-Equity

For the Gold subindustry, CNMC Goldmine Holdings'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.

CNMC Goldmine Holdings's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

CNMC Goldmine Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CNMC Goldmine Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(0.651	+	1.804)	/	55.269
	=	0.04

CNMC Goldmine Holdings'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
	=	(0.651	+	1.804)	/	55.269
	=	0.04

CNMC Goldmine Holdings (SGX:5TP) 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.

CNMC Goldmine Holdings Debt-to-Equity Related Terms

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CNMC Goldmine Holdings (SGX:5TP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CNMC Goldmine Holdings Ltd (SGX:5TP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

47 Scotts Road, No. 03-03 Goldbell Towers, Singapore, SGP, 228233

Website

http://www.cnmc.com.hk

CNMC Goldmine Holdings Ltd is a Singapore-based investment holding and gold producer company. The company's operating segments are Gold mining, which includes the exploration, development, mining, and marketing of gold and Other operations include investment holding companies and the provision of corporate services. It derives maximum revenue from the Gold mining segment. The group focuses on the Sokor Gold Field project located in Malaysia.

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