Indo Mines (ASX:IDO) Debt-to-Equity: 0.62 (As of Dec. 2017) — 244% Above Median

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What is Indo Mines Debt-to-Equity?

Indo Mines ASX:IDO Debt-to-Equity is 0.62 as of Dec. 2017, which is 244% above its 10-year median of 0.18. The stock has 3 warning signs investors should review.

Indo Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was A$9.24 Mil. Indo Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was A$0.00 Mil. Indo Mines's Total Stockholders Equity for the quarter that ended in Dec. 2017 was A$14.89 Mil. Indo Mines's debt to equity for the quarter that ended in Dec. 2017 was 0.62.

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 Indo Mines's Debt-to-Equity or its related term are showing as below:

ASX:IDO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.18   Max: 0.62
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Indo Mines was 0.62. The lowest was 0.02. And the median was 0.18.

ASX:IDO's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.145 vs ASX:IDO: 0.62

Indo Mines  (ASX:IDO) 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.


Indo Mines Debt-to-Equity Related Terms


Indo Mines Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Indo Mines'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.

Indo Mines Debt-to-Equity Chart

Indo Mines Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.14 0.18 0.20 0.34

Indo Mines Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 0.20 0.22 0.34 0.62 N/A

ASX:IDO vs ORRP: Debt-to-Equity Comparison

For the Other Industrial Metals & Mining subindustry, Indo Mines'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.


Indo Mines Debt-to-Equity vs Metals & Mining Industry

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

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



Indo Mines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Indo Mines's Debt to Equity Ratio for the fiscal year that ended in Jun. 2017 is calculated as

Indo Mines's Debt to Equity Ratio for the quarter that ended in Dec. 2017 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.62 mean?
Indo Mines (ASX:IDO) has a Debt-to-Equity of 0.62 as of Dec. 2017. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Indo Mines and its competitors. This is 244% above median its historical median of 0.18. Over the past decade, Indo Mines' Debt-to-Equity has ranged from 0.02 to 0.62.
Is Indo Mines' Debt-to-Equity too high?
Indo Mines' current Debt-to-Equity of 0.62 is 244% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.62. The Metals & Mining industry median Debt-to-Equity is 0.15. Indo Mines' value of 0.62 is 327.6% above this industry median.
How does Indo Mines' Debt-to-Equity compare to ORRP?
Indo Mines' Debt-to-Equity of 0.62 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-Equity is 0.15. Indo Mines' value of 0.62 is 327.6% above this benchmark. Historically, Indo Mines' own Debt-to-Equity has ranged from 0.02 to 0.62 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.15, Indo Mines has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,222 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indo Mines's current Debt-to-Equity of 0.62 is 327.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Indo Mines and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Mines's current Debt-to-Equity is 0.62, which is 244% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Mines stock overvalued right now?
Indo Mines (ASX:IDO) has a current Debt-to-Equity of 0.62. The current Debt-to-Equity is 0.62, which is 244% above median its 10-year median of 0.18 and 327.6% above the Metals & Mining industry median of 0.15. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Indo Mines (ASX:IDO), the current Debt-to-Equity is 0.62 as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Indo Mines Business Description

Indo Mines Ltd is a mineral exploration and development company with iron sands projects in Indonesia.