Barton Gold Holdings (ASX:BGD) Debt-to-Equity : 0.02 (As of Dec. 2023)

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

What is Barton Gold Holdings Debt-to-Equity?

Barton Gold Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.02 Mil. Barton Gold Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.06 Mil. Barton Gold Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$4.44 Mil. Barton Gold Holdings'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 Barton Gold Holdings's Debt-to-Equity or its related term are showing as below:

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

During the past 3 years, the highest Debt-to-Equity Ratio of Barton Gold Holdings was 0.02. The lowest was 0.01. And the median was 0.02.

ASX:BGD's Debt-to-Equity is ranked better than
82.86% of 1301 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ASX:BGD: 0.02

Barton Gold Holdings Debt-to-Equity Historical Data

The historical data trend for Barton Gold Holdings'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.

Barton Gold Holdings Debt-to-Equity Chart

Barton Gold Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.01

Barton Gold Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-	-	0.02	0.01	0.02

Competitive Comparison of Barton Gold Holdings's Debt-to-Equity

For the Gold subindustry, Barton Gold Holdings'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.

Barton Gold Holdings's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Barton Gold Holdings's Debt-to-Equity falls into.

Barton Gold Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Barton Gold Holdings'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
	=	(0.053	+	0.06)	/	8.703
	=	0.01

Barton Gold Holdings'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
	=	(0.022	+	0.06)	/	4.436
	=	0.02

Barton Gold Holdings (ASX:BGD) 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.

Barton Gold Holdings Debt-to-Equity Related Terms

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

Barton Gold Holdings (ASX:BGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barton Gold Holdings Ltd (ASX:BGD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BGDFF:USA BGD3:Germany

Address

12 Gilles Street, Level 4, Adelaide, SA, AUS, 5000

Website

https://www.bartongold.com.au

Barton Gold Holdings Ltd is a mineral exploration company. Its projects comprise Tarcoola, Tunkillia, and Challenger, among others. The company operates in one operating segment, being exploration in Australia.

Barton Gold Holdings (ASX:BGD) Headlines

No Headlines