Iceni Gold (ASX:ICL) Debt-to-Equity : 0.00 (As of Dec. 2024)

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What is Iceni Gold Debt-to-Equity?

Iceni Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.02 Mil. Iceni Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Iceni Gold's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$29.28 Mil. Iceni Gold's debt to equity for the quarter that ended in Dec. 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 Iceni Gold's Debt-to-Equity or its related term are showing as below:

During the past 4 years, the highest Debt-to-Equity Ratio of Iceni Gold was 0.08. The lowest was 0.00. And the median was 0.02.

ASX:ICL's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Iceni Gold Debt-to-Equity Historical Data

The historical data trend for Iceni Gold'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.

Iceni Gold Debt-to-Equity Chart

Iceni Gold Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

0.02

0.06

0.04

0.01

Iceni Gold Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial				0.04	0.04	0.02	0.01	-

Competitive Comparison of Iceni Gold's Debt-to-Equity

For the Gold subindustry, Iceni Gold'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.

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

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

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

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Iceni Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Iceni Gold'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
	=	(0.113	+	0.134)	/	27.457
	=	0.01

Iceni Gold's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.017	+	0)	/	29.281
	=	0.00

Iceni Gold (ASX:ICL) 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.

Iceni Gold Debt-to-Equity Related Terms

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Iceni Gold Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

41-43 Ord Street, Level 2, West Perth, WA, AUS, 6005

Website

https://www.icenigold.com.au

Iceni Gold Ltd is an exploration company that is focused on the 14 Mile Well Project area in the Laverton Greenstone Belt. Its projects include Claypan Target Area, Deep Well Target Area, North 1 Target Area, Danjo NE Target Area, Everleigh Well Target Area, Guyer Well Target Area. It has one operating segment: the exploration and evaluation of gold.