China Mining (ASX:CMF) Debt-to-Equity : 0.00 (As of . 20)

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

What is China Mining Debt-to-Equity?

China Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was A$0.00 Mil. China Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was A$0.00 Mil. China Mining's Total Stockholders Equity for the quarter that ended in . 20 was A$0.00 Mil.

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 China Mining's Debt-to-Equity or its related term are showing as below:

ASX:CMF's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

China Mining Debt-to-Equity Historical Data

The historical data trend for China Mining'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.

China Mining Debt-to-Equity Chart

China Mining Annual Data

Trend

Debt-to-Equity

China Mining Quarterly Data

Debt-to-Equity

Competitive Comparison of China Mining's Debt-to-Equity

For the Gold subindustry, China Mining'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.

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

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

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

China Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

China Mining's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

China Mining's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

China Mining (ASX:CMF) 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.

China Mining Debt-to-Equity Related Terms

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

China Mining (ASX:CMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Mining Ltd (ASX:CMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.chinamininggroup.com

China Mining Ltd was incorporated on 27 January 2011 with the purpose of establishing a mineral exploration and mining company, as well as seeking opportunities to assist Chinese investors to invest in overseas mining projects. The Company's focus will initially be on its Yarri Range Project for gold exploration in Western Australia. Yarri Range Project comprises 2 exploration licences E31/859 and E31/887 with a total area of 97.2 sq km for gold exploration. The Project is located in the Eastern Goldfields of Western Australia, approximately 170 km northeast of Kalgoorlie around the Laverton Tectonic Zone, a gold mining fields, estimated to contain over 22 million ounces of gold with deposits such as Sunrise Dam (8.0 Moz), Wallaby (8.0 Moz), Granny Smith (2.5 Moz) and Mt Morgans (1.3 Moz).