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 Hudbay Minerals's Debt-to-Equity or its related term are showing as below:
HBM'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.49 Max: 4.34
Current: 0.78
During the past 13 years, the highest Debt-to-Equity Ratio of Hudbay Minerals was 4.34. The lowest was 0.00. And the median was 0.49.
HBM's Debt-to-Equity is ranked worse than 83.1% of 1136
companies
in the Metals & Mining industry
Industry Median: 0.14
vs HBM: 0.78
Hudbay Minerals Debt-to-Equity Historical Data
The historical data trend for Hudbay Minerals'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.
Hudbay Minerals Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Debt-to-Equity
0.50
0.48
0.58
0.71
0.85
Hudbay Minerals Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Debt-to-Equity
0.75
0.84
0.85
0.81
0.78
Competitive Comparison
For the Copper subindustry, Hudbay Minerals'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.
Hudbay Minerals Debt-to-Equity Distribution
For the Metals & Mining industry and Basic Materials sector, Hudbay Minerals's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hudbay Minerals's Debt-to-Equity falls into.
Hudbay Minerals Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Hudbay Minerals's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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.
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.
Hudbay Minerals Debt-to-Equity Related Terms
Thank you for viewing the detailed overview of Hudbay Minerals's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.
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