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

First Au (ASX:FAU) Debt-to-Equity : 0.00 (As of Jun. 2023)


View and export this data going back to 1970. Start your Free Trial

What is First Au Debt-to-Equity?

First Au's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$0.00 Mil. First Au's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was A$0.00 Mil. First Au's Total Stockholders Equity for the quarter that ended in Jun. 2023 was A$2.84 Mil. First Au's debt to equity for the quarter that ended in Jun. 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 First Au's Debt-to-Equity or its related term are showing as below:

ASX:FAU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of First Au was 0.01. The lowest was 0.00. And the median was 0.01.

ASX:FAU's Debt-to-Equity is ranked better than
99.92% of 1301 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ASX:FAU: 0.01

First Au Debt-to-Equity Historical Data

The historical data trend for First Au'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.

First Au Debt-to-Equity Chart

First Au Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.01 0.01

First Au Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 0.01 - 0.01

Competitive Comparison of First Au's Debt-to-Equity

For the Gold subindustry, First Au'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.


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

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

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



First Au Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Au's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

First Au's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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.


First Au  (ASX:FAU) 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.


First Au Debt-to-Equity Related Terms

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


First Au (ASX:FAU) Business Description

Traded in Other Exchanges
N/A
Address
123 Whitehorse Road, Level 1, Balwyn, VIC, AUS, 3103
First Au Ltd is engaged in the exploration of gold and base metals in Western Australia. It holds interests in the Gimlet Gold project located to the north west of Kalgoorlie, Western Australia; Haunted Stream Project located in East Gippsland Victoria; and Talga Gold and Copper/Gold project located in the East Pilbara. The company operates in one reporting segment in Australia which is exploration for gold and base metals.

First Au (ASX:FAU) Headlines

No Headlines