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Centaurus Metals (Centaurus Metals) Debt-to-Equity : 0.03 (As of Jun. 2023)


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What is Centaurus Metals Debt-to-Equity?

Centaurus Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.30 Mil. Centaurus Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.25 Mil. Centaurus Metals's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $19.14 Mil. Centaurus Metals's debt to equity for the quarter that ended in Jun. 2023 was 0.03.

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 Centaurus Metals's Debt-to-Equity or its related term are showing as below:

CTTZF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.02
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Centaurus Metals was 0.02. The lowest was 0.01. And the median was 0.01.

CTTZF's Debt-to-Equity is ranked better than
99.92% of 1311 companies
in the Metals & Mining industry
Industry Median: 0.13 vs CTTZF: 0.01

Centaurus Metals Debt-to-Equity Historical Data

The historical data trend for Centaurus Metals'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.

Centaurus Metals Debt-to-Equity Chart

Centaurus Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.02 0.01

Centaurus Metals 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.02 0.03 0.01

Competitive Comparison of Centaurus Metals's Debt-to-Equity

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


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

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

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



Centaurus Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Centaurus Metals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Centaurus Metals's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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.


Centaurus Metals  (OTCPK:CTTZF) 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.


Centaurus Metals Debt-to-Equity Related Terms

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


Centaurus Metals (Centaurus Metals) Business Description

Traded in Other Exchanges
Address
1 Ord Street, Level 2, West Perth, Perth, WA, AUS, 6005
Centaurus Metals Ltd is engaged in the exploration of iron ore resources. Its projects are Jaguar Nickel Sulphide Project and Jambreiro Iron Ore Project. The company's geographic segments include Brazil and Australia.

Centaurus Metals (Centaurus Metals) Headlines