Australian Rare Earths (ASX:AR3) Debt-to-Equity : 0.02 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Australian Rare Earths Debt-to-Equity?

Australian Rare Earths's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.14 Mil. Australian Rare Earths's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.29 Mil. Australian Rare Earths's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$23.52 Mil. Australian Rare Earths's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 Rare Earths's Debt-to-Equity or its related term are showing as below:

ASX:AR3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.02
Current: 0.03

During the past 3 years, the highest Debt-to-Equity Ratio of Australian Rare Earths was 0.02. The lowest was 0.00. And the median was 0.01.

ASX:AR3's Debt-to-Equity is ranked better than
76.44% of 1252 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ASX:AR3: 0.03

Australian Rare Earths Debt-to-Equity Historical Data

The historical data trend for Australian Rare Earths'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.

Australian Rare Earths Debt-to-Equity Chart

Australian Rare Earths Annual Data

Trend

Jun22

Jun23

Jun24

Debt-to-Equity

0.01

0.03

Australian Rare Earths Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial			-	-	0.01	0.02	0.03

Competitive Comparison of Australian Rare Earths's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Australian Rare Earths'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 Rare Earths's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Australian Rare Earths Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Australian Rare Earths'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
	=	(0.056	+	0.169)	/	24.893
	=	0.01

Australian Rare Earths'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
	=	(0.135	+	0.287)	/	23.522
	=	0.02

Australian Rare Earths (ASX:AR3) 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 Rare Earths Debt-to-Equity Related Terms

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

Australian Rare Earths Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Australian Rare Earths Ltd (ASX:AR3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Gawler Place, Level 10, Adelaide, SA, AUS, 5000

Website

https://www.ar3.com.au

Australian Rare Earths Ltd is engaged in rare earth exploration and development. Its Koppamurra Project is a frontier ionic clay, rare earth opportunity in South Australia and Victoria.

Australian Rare Earths Headlines

No Headlines