Cooper Metals (ASX:CPM) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Cooper Metals Debt-to-Equity?

Cooper Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Cooper Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Cooper Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$8.65 Mil. Cooper Metals's debt to equity for the quarter that ended in Dec. 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 Cooper Metals's Debt-to-Equity or its related term are showing as below:

ASX:CPM'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.

Cooper Metals Debt-to-Equity Historical Data

The historical data trend for Cooper Metals'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.

Cooper Metals Debt-to-Equity Chart

Cooper Metals Annual Data

Trend

Jun22

Jun23

Jun24

Debt-to-Equity

Cooper Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Cooper Metals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Cooper Metals'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.

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

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

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

Cooper Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cooper Metals's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 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)	/	11.346
	=	0.00

Cooper Metals'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	+	0)	/	8.654
	=	0.00

Cooper Metals (ASX:CPM) 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.

Cooper Metals Debt-to-Equity Related Terms

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Cooper Metals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 St Georges Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.coopermetals.com.au

Cooper Metals Ltd is engaged in identifying, exploring and developing copper and gold deposits in Queensland and Western Australia. The company has only one operating segment, being mineral exploration. The company's project includes Mount Isa East and Gooroo Gold.

Cooper Metals Headlines

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