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Kingsgate Consolidated (ASX:KCN) Debt-to-Asset : 0.33 (As of Dec. 2023)


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What is Kingsgate Consolidated Debt-to-Asset?

Kingsgate Consolidated's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$29.36 Mil. Kingsgate Consolidated's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$17.96 Mil. Kingsgate Consolidated's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was A$142.26 Mil. Kingsgate Consolidated's debt to asset for the quarter that ended in Dec. 2023 was 0.33.


Kingsgate Consolidated Debt-to-Asset Historical Data

The historical data trend for Kingsgate Consolidated's Debt-to-Asset 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.

Kingsgate Consolidated Debt-to-Asset Chart

Kingsgate Consolidated Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.25 0.25 0.46 0.19

Kingsgate Consolidated Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset 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 0.29 0.46 0.93 0.19 0.33

Competitive Comparison of Kingsgate Consolidated's Debt-to-Asset

For the Gold subindustry, Kingsgate Consolidated's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Kingsgate Consolidated's Debt-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Kingsgate Consolidated's Debt-to-Asset falls into.



Kingsgate Consolidated Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Kingsgate Consolidated's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(12.756 + 11.286) / 126.724
=0.19

Kingsgate Consolidated's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(29.358 + 17.961) / 142.258
=0.33

* 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.


Kingsgate Consolidated  (ASX:KCN) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Kingsgate Consolidated Debt-to-Asset Related Terms

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Kingsgate Consolidated (ASX:KCN) Business Description

Traded in Other Exchanges
Address
200 George Street, Level 31, Sydney, NSW, AUS, 2000
Kingsgate Consolidated Ltd is engaged in gold and silver mining, development, and exploration company based in Sydney, Australia. Its operating segment includes Chatree Gold Mine, Thailand, and Nueva Esperanza Gold/Silver Project, Chile. The company derives maximum revenue from the Chatree Gold Mine project.

Kingsgate Consolidated (ASX:KCN) Headlines

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