Anglogold Ashanti (Anglogold Ashanti) Debt-to-Equity

: 0.52 (As of Jun. 2023)

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Anglogold Ashanti's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $94 Mil. Anglogold Ashanti's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2,002 Mil. Anglogold Ashanti's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $4,048 Mil. Anglogold Ashanti's debt to equity for the quarter that ended in Jun. 2023 was 0.52.

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 Anglogold Ashanti's Debt-to-Equity or its related term are showing as below:

AU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 0.83 Max: 1.42
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Anglogold Ashanti was 1.42. The lowest was 0.52. And the median was 0.83.

AU's Debt-to-Equity is ranked worse than
76.76% of 1304 companies
in the Metals & Mining industry
Industry Median: 0.125 vs AU: 0.52

Anglogold Ashanti Debt-to-Equity Historical Data

The historical data trend for Anglogold Ashanti'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.

Anglogold Ashanti Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.77

0.84

0.56

0.52

0.53

Anglogold Ashanti Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity																0.55	0.52	0.52	0.53	0.52

Competitive Comparison

For the Gold subindustry, Anglogold Ashanti'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.

Anglogold Ashanti Debt-to-Equity Distribution

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

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

Anglogold Ashanti Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anglogold Ashanti's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(104	+	2067)	/	4100
	=	0.53

Anglogold Ashanti'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
	=	(94	+	2002)	/	4048
	=	0.52

Anglogold Ashanti (NYSE:AU) 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.

Anglogold Ashanti Debt-to-Equity Related Terms

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Anglogold Ashanti (Anglogold Ashanti) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Anglogold Ashanti PLC (NYSE:AU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ANG:South Africa HT3:Germany HT3:Germany

Address

112 Oxford Road, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

https://www.anglogoldashanti.com

Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from Africa which includes Ghana, Guinea, Mali, the Democratic Republic of the Congo, and Tanzania.