International Graphite (ASX:IG6) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is International Graphite Debt-to-Equity?

International Graphite's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.07 Mil. International Graphite's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.03 Mil. International Graphite's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$14.38 Mil. International Graphite's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

ASX:IG6' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.01
Current: 0.01

During the past 2 years, the highest Debt-to-Equity Ratio of International Graphite was 0.01. The lowest was 0.00. And the median was 0.01.

ASX:IG6's Debt-to-Equity is ranked better than
99.92% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ASX:IG6: 0.01

International Graphite Debt-to-Equity Historical Data

The historical data trend for International Graphite'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.

International Graphite Debt-to-Equity Chart

International Graphite Annual Data

Trend

Jun22

Jun23

Debt-to-Equity

0.01

International Graphite Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	-	0.01	0.01	0.01	0.01

Competitive Comparison of International Graphite's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, International Graphite'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.

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

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

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

International Graphite Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

International Graphite'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
	=	(0.043	+	0.053)	/	15.717
	=	0.01

International Graphite'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
	=	(0.071	+	0.03)	/	14.381
	=	0.01

International Graphite (ASX:IG6) 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.

International Graphite Debt-to-Equity Related Terms

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International Graphite (ASX:IG6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » International Graphite Ltd (ASX:IG6) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

H99:Germany

Address

333 Charles Street, Level 1, North Perth, Perth, WA, AUS, 6006

Website

https://www.internationalgraphite.technology

International Graphite Ltd is engaged in the processing, treatment and production of graphite. The company intends to develop a downstream graphite processing business to treat mined graphite concentrates and produce finished graphite products for specialised industrial applications and Battery Anode Material (BAM) to meet projected global of lithium-ion batteries. Western Australia is developing a battery hub in the southwest of the state to feed the growing international battery demand. The company plans to be an integral part of this battery commodity supply chain in Western Australia and internationally.

International Graphite (ASX:IG6) Headlines

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