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Barrick Mining (TSX:ABX) Debt-to-Equity : 0.19 (As of Mar. 2025)


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What is Barrick Mining Debt-to-Equity?

Barrick Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$34 Mil. Barrick Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$6,752 Mil. Barrick Mining's Total Stockholders Equity for the quarter that ended in Mar. 2025 was C$35,100 Mil. Barrick Mining's debt to equity for the quarter that ended in Mar. 2025 was 0.19.

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 Barrick Mining's Debt-to-Equity or its related term are showing as below:

TSX:ABX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.24   Max: 1.39
Current: 0.19

During the past 13 years, the highest Debt-to-Equity Ratio of Barrick Mining was 1.39. The lowest was 0.19. And the median was 0.24.

TSX:ABX's Debt-to-Equity is ranked worse than
54.82% of 1246 companies
in the Metals & Mining industry
Industry Median: 0.145 vs TSX:ABX: 0.19

Barrick Mining Debt-to-Equity Historical Data

The historical data trend for Barrick Mining'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.

Barrick Mining Debt-to-Equity Chart

Barrick Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.23 0.23 0.22 0.22

Barrick Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.20 0.20 0.20 0.22 0.19

Competitive Comparison of Barrick Mining's Debt-to-Equity

For the Gold subindustry, Barrick Mining'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.


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

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

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


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Barrick Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Barrick Mining's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Barrick Mining's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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.


Barrick Mining  (TSX:ABX) 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.


Barrick Mining Debt-to-Equity Related Terms

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


Barrick Mining Business Description

Address
161 Bay Street, Brookfield Place, TD Canada Trust Tower, Suite 3700, P.O. Box 212, Toronto, ON, CAN, M5J 2S1
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2024, the firm produced nearly 3.9 million attributable ounces of gold and about 430 million pounds of copper. At year-end 2024, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
Executives
Henri Louis Gonin Senior Officer
Poupak Bahamin Senior Officer
Kevin James Thomson Senior Officer
Rousseau Jooste Senior Officer
Lois Vaness Wark Senior Officer
John Steele Senior Officer
Graham Patrick Shuttleworth Senior Officer
Darian Kevin Rich Senior Officer
Christine Elizabeth Keener Senior Officer
Mark Francis Hill Senior Officer
Grant Bill Beringer Senior Officer
Johann Sebastiaan Bock Senior Officer
Simon Peter Bottoms Senior Officer
Dennis Mark Bristow Director, Senior Officer
Riaan Grobler Senior Officer

Barrick Mining Headlines

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