Adriatic Metals (Adriatic Metals) Debt-to-Equity : 1.35 (As of Dec. 2023)

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What is Adriatic Metals Debt-to-Equity?

Adriatic Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $48.87 Mil. Adriatic Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $100.07 Mil. Adriatic Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $110.66 Mil. Adriatic Metals's debt to equity for the quarter that ended in Dec. 2023 was 1.35.

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

ADMLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.29 Max: 1.35
Current: 1.35

During the past 7 years, the highest Debt-to-Equity Ratio of Adriatic Metals was 1.35. The lowest was 0.01. And the median was 0.29.

ADMLF's Debt-to-Equity is ranked worse than
91.38% of 1311 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ADMLF: 1.35

Adriatic Metals Debt-to-Equity Historical Data

The historical data trend for Adriatic 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.

Adriatic Metals Debt-to-Equity Chart

Adriatic Metals Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.11

0.47

1.35

Adriatic Metals Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							0.11	0.13	0.47	1.48	1.35

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

For the Other Industrial Metals & Mining subindustry, Adriatic 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.

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

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

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

Adriatic Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adriatic Metals's Debt to Equity Ratio for the fiscal year 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
	=	(48.868	+	100.069)	/	110.658
	=	1.35

Adriatic Metals'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
	=	(48.868	+	100.069)	/	110.658
	=	1.35

Adriatic Metals (OTCPK:ADMLF) 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.

Adriatic Metals Debt-to-Equity Related Terms

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

Adriatic Metals (Adriatic Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Adriatic Metals PLC (OTCPK:ADMLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ADTLF:USA ADT1l:UK ADT1:UK 3FN:Germany ADT:Australia

Address

65 Rodney Road, Ground Floor, Regent House, Cheltenham, GBR, GL50 1HX

Website

https://www.adriaticmetals.com

Adriatic Metals PLC is engaged in mineral exploration. The projects of the company are The Veovaca and The Raska. The Veovaca is historic open-cut zinc, lead, barite, and silver mine and the Raska project is an advanced exploration project which exhibits exceptionally high grades of the base and precious metals and is located approximately 17km North-West of the Veovaca Project.

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