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Sierra Metals (Sierra Metals) Debt-to-Equity : 1.14 (As of Dec. 2023)


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What is Sierra Metals Debt-to-Equity?

Sierra Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $55.1 Mil. Sierra Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $30.9 Mil. Sierra Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $75.3 Mil. Sierra Metals's debt to equity for the quarter that ended in Dec. 2023 was 1.14.

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

SMTSF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32   Med: 0.49   Max: 1.14
Current: 1.14

During the past 13 years, the highest Debt-to-Equity Ratio of Sierra Metals was 1.14. The lowest was 0.32. And the median was 0.49.

SMTSF's Debt-to-Equity is ranked worse than
89.01% of 1310 companies
in the Metals & Mining industry
Industry Median: 0.13 vs SMTSF: 1.14

Sierra Metals Debt-to-Equity Historical Data

The historical data trend for Sierra 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.

Sierra Metals Debt-to-Equity Chart

Sierra 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 0.57 0.50 0.49 1.09 1.14

Sierra Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.09 1.01 1.02 0.92 1.14

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

For the Other Industrial Metals & Mining subindustry, Sierra 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.


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

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

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



Sierra Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Sierra Metals's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Sierra Metals  (OTCPK:SMTSF) 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.


Sierra Metals Debt-to-Equity Related Terms

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


Sierra Metals (Sierra Metals) Business Description

Traded in Other Exchanges
Address
77 King Street West, Suite 400, Toronto, ON, CAN, M5K 0A1
Sierra Metals Inc is a precious and base metals producer in Peru and Mexico. The company acquires, explores, extracts, and produces mineral concentrates consisting of silver, copper, lead, zinc and gold. Sierra has interests in the Yauricocha Mine in Peru, and the Bolivar and Cusi Mines, Mexico. The majority of the revenue comes from selling the mineral concentrates to its customers in Peru.