Yancoal Australia (ASX:YAL) Debt-to-Equity

: 0.02 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

Yancoal Australia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$44 Mil. Yancoal Australia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$102 Mil. Yancoal Australia's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$8,440 Mil. Yancoal Australia's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 Yancoal Australia's Debt-to-Equity or its related term are showing as below:

ASX:YAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.76 Max: 3.66
Current: 0.02

During the past 12 years, the highest Debt-to-Equity Ratio of Yancoal Australia was 3.66. The lowest was 0.02. And the median was 0.76.

ASX:YAL's Debt-to-Equity is ranked better than
92.91% of 127 companies
in the Other Energy Sources industry
Industry Median: 0.24 vs ASX:YAL: 0.02

Yancoal Australia Debt-to-Equity Historical Data

The historical data trend for Yancoal Australia'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.

Yancoal Australia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.57

0.81

0.56

0.08

0.02

Yancoal Australia 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															0.56	0.52	0.08	0.02	0.02

Competitive Comparison

For the Thermal Coal subindustry, Yancoal Australia'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.

Yancoal Australia Debt-to-Equity Distribution

For the Other Energy Sources industry and Energy sector, Yancoal Australia's Debt-to-Equity distribution charts can be found below:

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

Yancoal Australia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yancoal Australia'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
	=	(44	+	102)	/	8440
	=	0.02

Yancoal Australia'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
	=	(44	+	102)	/	8440
	=	0.02

Yancoal Australia (ASX:YAL) 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.

Yancoal Australia Debt-to-Equity Related Terms

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

Yancoal Australia (ASX:YAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Yancoal Australia Ltd (ASX:YAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

YACAF:USA 03668:Hong Kong YA1:Germany

Address

201 Sussex Street, Level 18, Darling Park Tower 2, Sydney, NSW, AUS, 2000

Website

https://www.yancoal.com.au

Yancoal Australia Ltd is involved in identifying, developing, and operating coal-related projects in Australia. It has a diversified product mix of metallurgical and thermal coal mines in New South Wales and Queensland. The company generates maximum revenue from the New South Wales segment. Non-operating items of the Group are presented in Corporate segment which includes administrative expenses, foreign exchange gains and losses recycled from hedge reserve, and elimination of intersegment transactions and other consolidation adjustments. It operates coal mines in the Hunter Valley and mid-Western region of New South Wales and open-cut mines in Queensland's Bowen Basin. The company's geographical markets include Japan, Singapore, China, South Korea, Taiwan, Thailand, and other countries.

Yancoal Australia (ASX:YAL) Headlines

No Headlines