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Estrella Resources (ASX:ESR) Debt-to-Equity : 0.00 (As of Jun. 2024)


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What is Estrella Resources Debt-to-Equity?

Estrella Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.00 Mil. Estrella Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.00 Mil. Estrella Resources's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$20.72 Mil. Estrella Resources's debt to equity for the quarter that ended in Jun. 2024 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 Estrella Resources's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Estrella Resources was 0.10. The lowest was 0.01. And the median was 0.03.

ASX:ESR'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.

Estrella Resources Debt-to-Equity Historical Data

The historical data trend for Estrella Resources'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.

Estrella Resources Debt-to-Equity Chart

Estrella Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.02 - 0.05 -

Estrella Resources 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.05 - -

Competitive Comparison of Estrella Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Estrella Resources'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.


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

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

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



Estrella Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Estrella Resources's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Estrella Resources's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


Estrella Resources  (ASX:ESR) 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.


Estrella Resources Debt-to-Equity Related Terms

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


Estrella Resources Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Estrella Resources Ltd is a metals exploration company based in Perth, Western Australia. The firm operates in one business segment being exploration for mineral resources. The company's portfolio focuses on West Australian based gold and nickel exploration and development projects, including their Carr Boyd Nickel Project, Spargoville Project.

Estrella Resources Headlines

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