Catalyst Metals (ASX:CYL) Debt-to-Equity : 0.13 (As of Jun. 2024)

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What is Catalyst Metals Debt-to-Equity?

Catalyst Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$16.0 Mil. Catalyst Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$10.4 Mil. Catalyst Metals's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$202.0 Mil. Catalyst Metals's debt to equity for the quarter that ended in Jun. 2024 was 0.13.

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 Catalyst Metals's Debt-to-Equity or its related term are showing as below:

ASX:CYL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.2
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Catalyst Metals was 0.20. The lowest was 0.01. And the median was 0.05.

ASX:CYL's Debt-to-Equity is ranked better than
51% of 1253 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ASX:CYL: 0.13

Catalyst Metals Debt-to-Equity Historical Data

The historical data trend for Catalyst 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.

Catalyst Metals Debt-to-Equity Chart

Catalyst Metals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.02

0.03

0.07

0.20

0.13

Catalyst Metals Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.02	0.20	0.21	0.13

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

For the Gold subindustry, Catalyst 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.

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

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

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

Catalyst Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Catalyst 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
	=	(15.959	+	10.354)	/	201.98
	=	0.13

Catalyst Metals's Debt to Equity Ratio for the quarter 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
	=	(15.959	+	10.354)	/	201.98
	=	0.13

Catalyst Metals (ASX:CYL) 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.

Catalyst Metals Debt-to-Equity Related Terms

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Catalyst Metals Business Description

Industry

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

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CTYMF:USA

Address

Level 1, 30 Richardson Street, West Perth, WA, AUS, 6005

Website

https://www.catalystmetals.com.au

Catalyst Metals Ltd is engaged in the mineral exploration and evaluation and production of gold. The company's flagship mineral exploration projects include Tandarra Gold Project, Raydarra Project, Four Eagles Project, Macorna Bore Project, Sebastian Project, and Henty Gold Mine. The business is organized into four operating segments namely Victoria, Tasmania, Western Australia, Corporate and unallocated The main products and services of business operating segments are the mining and exploration , evaluation operations in Australia. Substantial revenue generates from the Tasmania segment.

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