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Wiluna Mining (Wiluna Mining) Debt-to-Equity : 1.88 (As of Jun. 2022)


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What is Wiluna Mining Debt-to-Equity?

Wiluna Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $41.07 Mil. Wiluna Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $10.09 Mil. Wiluna Mining's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $27.22 Mil. Wiluna Mining's debt to equity for the quarter that ended in Jun. 2022 was 1.88.

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

WMXCF'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.

Wiluna Mining Debt-to-Equity Historical Data

The historical data trend for Wiluna 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.

Wiluna Mining Debt-to-Equity Chart

Wiluna Mining Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.20 0.08 0.29 1.88

Wiluna Mining Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.08 0.11 0.29 0.35 1.88

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

For the Gold subindustry, Wiluna 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.


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

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

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



Wiluna Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wiluna Mining's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Wiluna Mining's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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.


Wiluna Mining  (OTCPK:WMXCF) 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.


Wiluna Mining Debt-to-Equity Related Terms

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Wiluna Mining (Wiluna Mining) Business Description

Traded in Other Exchanges
N/A
Address
643 Murray Street, Level 2, West Perth, Perth, WA, AUS, 6005
Wiluna Mining Corp Ltd is a Perth-based gold mining company that controls over 1,600 square kilometers of the Yilgarn Craton in the Northern Goldfields of WA. The principal activities of the company are the production of gold from the Wiluna Gold Operation; and gold exploration and development. Its project portfolio includes Wiluna, Regent, Lake Way, and Matilda.

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