Australian Pacific Coal (ASX:AQC) Debt-to-Equity : 0.25 (As of Dec. 2023)

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What is Australian Pacific Coal Debt-to-Equity?

Australian Pacific Coal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$5.50 Mil. Australian Pacific Coal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Australian Pacific Coal's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$22.42 Mil. Australian Pacific Coal'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 Australian Pacific Coal's Debt-to-Equity or its related term are showing as below:

ASX:AQC' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.47 Med: -0.42 Max: 565.41
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Australian Pacific Coal was 565.41. The lowest was -6.47. And the median was -0.42.

ASX:AQC's Debt-to-Equity is ranked worse than
55.91% of 127 companies
in the Other Energy Sources industry
Industry Median: 0.21 vs ASX:AQC: 0.25

Australian Pacific Coal Debt-to-Equity Historical Data

The historical data trend for Australian Pacific Coal'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.

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Australian Pacific Coal Debt-to-Equity Chart

Australian Pacific Coal Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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-3.44

-2.26

-1.46

-0.85

Australian Pacific Coal 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-Equity	Get a 7-Day Free Trial															-0.88	-0.85	-	-	0.25

Competitive Comparison of Australian Pacific Coal's Debt-to-Equity

For the Thermal Coal subindustry, Australian Pacific Coal'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.

Australian Pacific Coal's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Australian Pacific Coal's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Australian Pacific Coal's Debt-to-Equity falls into.

Australian Pacific Coal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Australian Pacific Coal'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)	/	13.548
	=	0.00

Australian Pacific Coal'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
	=	(5.5	+	0)	/	22.424
	=	0.25

Australian Pacific Coal (ASX:AQC) 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.

Australian Pacific Coal Debt-to-Equity Related Terms

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

Australian Pacific Coal (ASX:AQC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Australian Pacific Coal Ltd (ASX:AQC) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Stair Street, Kayuga, NSW, AUS, 2333

Website

http://www.aqcltd.com

Australian Pacific Coal Ltd is engaged in the exploration, development, and production activities focused on thermal and metallurgical coal prospects. Its project portfolio includes Dartbrook, Hunter Valley, Newcastle and Mantuan Downs bentonite projects.

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