Alrosa PJSC (MIC:ALRS) Debt-to-Equity : 0.34 (As of Jun. 2023)

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What is Alrosa PJSC Debt-to-Equity?

Alrosa PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽52,039 Mil. Alrosa PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽75,807 Mil. Alrosa PJSC's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ₽378,948 Mil. Alrosa PJSC's debt to equity for the quarter that ended in Jun. 2023 was 0.34.

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 Alrosa PJSC's Debt-to-Equity or its related term are showing as below:

MIC:ALRS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.51 Max: 1.47
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Alrosa PJSC was 1.47. The lowest was 0.33. And the median was 0.51.

MIC:ALRS's Debt-to-Equity is ranked worse than
69.06% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs MIC:ALRS: 0.36

Alrosa PJSC Debt-to-Equity Historical Data

The historical data trend for Alrosa PJSC'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.

Alrosa PJSC Debt-to-Equity Chart

Alrosa PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.46

0.64

0.55

0.33

0.36

Alrosa PJSC Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.55	N/A	0.33	0.34	0.36

Competitive Comparison of Alrosa PJSC's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, Alrosa PJSC'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.

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

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

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

Alrosa PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alrosa PJSC'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
	=	(55809	+	79597)	/	381854
	=	0.35

Alrosa PJSC's Debt to Equity Ratio for the quarter 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
	=	(52039	+	75807)	/	378948
	=	0.34

Alrosa PJSC (MIC:ALRS) 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.

Alrosa PJSC Debt-to-Equity Related Terms

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

Alrosa PJSC (MIC:ALRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alrosa PJSC (MIC:ALRS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6, Lenin Street, Republic of Sakha (Yakutia), Mirny, RUS, 678174

Website

https://www.alrosa.ru/en

Alrosa PJSC is a Russian-based company that operates in the diamond mining business. It is engaged in the business activity of exploration, production, processing, marketing, and sale of raw and cut diamonds. The group operates mining facilities in Mirny, Udachny, Aikhal, Nyurba, and Anabar (located in Eastern Siberia) and the Arkhangelsk Region. In addition, the firm is also involved in transportation, social infrastructure, construction activity, trading, electricity production, and various other activities. The company derives the majority of its revenue from the sale of diamonds.