Atrum Coal (ASX:ATU) Debt-to-Equity : 0.00 (As of Jun. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Atrum Coal Debt-to-Equity?

Atrum Coal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$0.00 Mil. Atrum Coal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$0.00 Mil. Atrum Coal's Total Stockholders Equity for the quarter that ended in Jun. 2023 was A$2.94 Mil. Atrum Coal's debt to equity for the quarter that ended in Jun. 2023 was 0.00.

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 Atrum Coal's Debt-to-Equity or its related term are showing as below:

During the past 12 years, the highest Debt-to-Equity Ratio of Atrum Coal was 4.03. The lowest was 0.01. And the median was 0.33.

ASX:ATU's Debt-to-Equity is not ranked ^*
in the Steel industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Atrum Coal Debt-to-Equity Historical Data

The historical data trend for Atrum 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.

* Premium members only.

Atrum Coal Debt-to-Equity Chart

Atrum Coal Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

Atrum 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															-	-	-	-	-

Competitive Comparison of Atrum Coal's Debt-to-Equity

For the Coking Coal subindustry, Atrum 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.

Atrum Coal's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Atrum Coal's Debt-to-Equity distribution charts can be found below:

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

Atrum Coal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Atrum Coal'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
	=	(0	+	0)	/	-0.035
	=	0.00

Atrum Coal's Debt to Equity Ratio for the quarter 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)	/	2.94
	=	0.00

Atrum Coal (ASX:ATU) 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.

Atrum Coal Debt-to-Equity Related Terms

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

Atrum Coal (ASX:ATU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Atrum Coal Ltd (ASX:ATU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 5, 126 Phillip Street, Sydney, NSW, AUS, 2000

Website

https://www.atrumcoal.com

Atrum Coal Ltd is engaged in hard coking coal exploration and development in Alberta, Canada and anthracite in British Columbia, Canada. Its flagship asset is the 100%-owned Elan Hard Coking Coal Project, which is located in the Crowsnest Pass area of southern Alberta, Canada. Elan hosts large-scale, shallow, thick, Tier 1 hard coking coal (HCC) deposits of the Mist Mountain Formation. Its project includes Groundhog and Panorama Anthracite Project located in northern British Columbia, Canada.

Atrum Coal (ASX:ATU) Headlines

No Headlines