Adventus Mining (STU:AZC) Debt-to-Equity : 0.11 (As of Dec. 2023)

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What is Adventus Mining Debt-to-Equity?

Adventus Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €9.75 Mil. Adventus Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.01 Mil. Adventus Mining's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €87.87 Mil. Adventus Mining's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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

STU:AZC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.11 Max: 0.11
Current: 0.11

During the past 8 years, the highest Debt-to-Equity Ratio of Adventus Mining was 0.11. The lowest was 0.11. And the median was 0.11.

STU:AZC's Debt-to-Equity is ranked better than
52.86% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs STU:AZC: 0.11

Adventus Mining Debt-to-Equity Historical Data

The historical data trend for Adventus Mining'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.

Adventus Mining Debt-to-Equity Chart

Adventus Mining Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.11

Adventus Mining Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	0.10	0.11

Competitive Comparison of Adventus Mining's Debt-to-Equity

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

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

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

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

Adventus Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adventus Mining'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
	=	(9.749	+	0.007)	/	87.868
	=	0.11

Adventus Mining'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
	=	(9.749	+	0.007)	/	87.868
	=	0.11

Adventus Mining (STU:AZC) 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.

Adventus Mining Debt-to-Equity Related Terms

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

Adventus Mining (STU:AZC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Adventus Mining Corp (STU:AZC) » Definitions » Debt-to-Equity

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ADVZF:USA ADZN:Canada

Address

220 Bay Street, Suite 550, Toronto, ON, CAN, M5J 2W4

Website

https://www.adventusmining.com

Adventus Mining Corp is an Ecuador-focused copper-gold exploration and development company. The company is advancing the project through a feasibility study while exploring the broader Curipamba district. In addition, it is engaged in a country-wide exploration alliance with its partners in Ecuador, which has incorporated the Pijili and Santiago copper-gold porphyry projects. The company also controls an exploration project portfolio in Ireland with South32 Limited as a funding partner as well as an investment portfolio of equities in several exploration companies.

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