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Ausmon Resources (ASX:AOA) Debt-to-Equity : 0.25 (As of Dec. 2023)


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What is Ausmon Resources Debt-to-Equity?

Ausmon Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Ausmon Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.48 Mil. Ausmon Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1.94 Mil. Ausmon Resources's debt to equity for the quarter that ended in Dec. 2023 was 0.25.

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 Ausmon Resources's Debt-to-Equity or its related term are showing as below:

ASX:AOA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.15   Max: 0.25
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Ausmon Resources was 0.25. The lowest was 0.13. And the median was 0.15.

ASX:AOA's Debt-to-Equity is ranked worse than
60.34% of 1253 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ASX:AOA: 0.24

Ausmon Resources Debt-to-Equity Historical Data

The historical data trend for Ausmon Resources'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.

Ausmon Resources Debt-to-Equity Chart

Ausmon Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.13 0.15 - 0.24

Ausmon Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.15 0.20 - 0.25 0.24

Competitive Comparison of Ausmon Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Ausmon Resources'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.

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

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

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


Ausmon Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ausmon Resources'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) / 1.849
=0.00

Ausmon Resources'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 + 0.48) / 1.936
=0.25

* 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.

Ausmon Resources  (ASX:AOA) 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.

Ausmon Resources Debt-to-Equity Related Terms

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

Ausmon Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ausmon Resources Ltd (ASX:AOA) » Definitions » Debt-to-Equity
Comparable Companies
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Traded in Other Exchanges
N/A
Address
87-89 Liverpool Street, Suite 1312, World Tower, Sydney, NSW, AUS, 2000
Website
https://www.ausmonresources.com.au
Ausmon Resources Ltd is an Australian exploration company which aims to grow by acquiring interests in prospective precious and base metals, energy related resources and other minerals tenements. It focuses on gold, copper, cobalt, nickel and zinc, and other base metals. Its project include Pooraka EL 6413 and Koonenberry Belt.