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Luiri Gold (ASX:LGM) Debt-to-Equity : 0.00 (As of Jun. 2016)


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What is Luiri Gold Debt-to-Equity?

Luiri Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was A$0.00 Mil. Luiri Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was A$0.00 Mil. Luiri Gold's Total Stockholders Equity for the quarter that ended in Jun. 2016 was A$0.13 Mil. Luiri Gold's debt to equity for the quarter that ended in Jun. 2016 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 Luiri Gold's Debt-to-Equity or its related term are showing as below:

ASX:LGM'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.

Luiri Gold Debt-to-Equity Historical Data

The historical data trend for Luiri Gold'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.

Luiri Gold Debt-to-Equity Chart

Luiri Gold Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Dec13 Dec14 Dec15
Debt-to-Equity
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Luiri Gold Semi-Annual Data
Sep05 Mar06 Apr07 Oct07 Apr08 Oct08 Apr09 Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Jun14 Dec14 Jun15 Dec15 Jun16
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Competitive Comparison of Luiri Gold's Debt-to-Equity

For the Gold subindustry, Luiri Gold'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.


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

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

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



Luiri Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Luiri Gold's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Luiri Gold's Debt to Equity Ratio for the quarter that ended in Jun. 2016 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.


Luiri Gold  (ASX:LGM) 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.


Luiri Gold Debt-to-Equity Related Terms

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


Luiri Gold (ASX:LGM) Business Description

Traded in Other Exchanges
N/A
Address
Luiri Gold Ltd is a gold exploration and development company. The company Luiri Hill Gold Project currently consists of 2 large-scale mining licenses, 8074-HQ-LML and 14948-HQ-LML.

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