SunMirror AG (WBO:ROR1) Debt-to-Equity : 0.00 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is SunMirror AG Debt-to-Equity?

SunMirror AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. SunMirror AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. SunMirror AG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €30.53 Mil. SunMirror AG's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 SunMirror AG's Debt-to-Equity or its related term are showing as below:

During the past 7 years, the highest Debt-to-Equity Ratio of SunMirror AG was 0.32. The lowest was 0.02. And the median was 0.21.

WBO:ROR1's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

SunMirror AG Debt-to-Equity Historical Data

The historical data trend for SunMirror AG'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.

SunMirror AG Debt-to-Equity Chart

SunMirror AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.32

0.21

SunMirror AG Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								-	0.21	-	-	-

Competitive Comparison of SunMirror AG's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, SunMirror AG'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.

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

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

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

SunMirror AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SunMirror AG's Debt to Equity Ratio for the fiscal year 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
	=	(0	+	0)	/	30.609
	=	0.00

SunMirror AG's Debt to Equity Ratio for the quarter 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
	=	(0	+	0)	/	30.529
	=	0.00

SunMirror AG (WBO:ROR1) 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.

SunMirror AG Debt-to-Equity Related Terms

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

SunMirror AG (WBO:ROR1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SunMirror AG (WBO:ROR1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

General-Guisan-Strasse 6, Zug, CHE, 6300

Website

https://www.sunmirror.com

SunMirror AG is an investment company for natural resources with a focus on battery metals, iron ore and gold deposits. The company projects include Moolyella; Kingston Keith and Cape Lambert.

SunMirror AG (WBO:ROR1) Headlines

No Headlines