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Danakali (HAM:SO3) Debt-to-Equity

: 0.00 (As of Jun. 2023)
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Danakali's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. Danakali's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. Danakali's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €119.53 Mil. Danakali's debt to equity for the quarter that ended in Jun. 2023 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 Danakali's Debt-to-Equity or its related term are showing as below:

HAM:SO3's Debt-to-Equity is not ranked *
in the Agriculture industry.
Industry Median: 0.335
* Ranked among companies with meaningful Debt-to-Equity only.

Danakali Debt-to-Equity Historical Data

The historical data trend for Danakali'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.

Danakali Annual Data
Trend Jun13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Danakali 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 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Agricultural Inputs subindustry, Danakali'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.


Danakali Debt-to-Equity Distribution

For the Agriculture industry and Basic Materials sector, Danakali's Debt-to-Equity distribution charts can be found below:

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



Danakali Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Danakali'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.


Danakali  (HAM:SO3) 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.


Danakali Debt-to-Equity Related Terms

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


Danakali (HAM:SO3) Business Description

Traded in Other Exchanges
Address
2A/300 Fitzgerald Street, Level 1, North Perth, WA, AUS, 6006
Danakali Ltd is a potash mining company engaged in developing the Colluli Potash Project in Eritrea, East Africa. It generates the majority of its revenue in the form of interest.

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