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Industrial Minerals (ASX:IND) Debt-to-Equity : N/A (As of Dec. 2024)


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What is Industrial Minerals Debt-to-Equity?

Industrial Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Industrial Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Industrial Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$0.00 Mil.

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 Industrial Minerals's Debt-to-Equity or its related term are showing as below:

ASX:IND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.04   Max: 0.05
Current: 0.04

During the past 4 years, the highest Debt-to-Equity Ratio of Industrial Minerals was 0.05. The lowest was 0.03. And the median was 0.04.

ASX:IND's Debt-to-Equity is ranked better than
72.4% of 1239 companies
in the Metals & Mining industry
Industry Median: 0.14 vs ASX:IND: 0.04

Industrial Minerals Debt-to-Equity Historical Data

The historical data trend for Industrial Minerals'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.

Industrial Minerals Debt-to-Equity Chart

Industrial Minerals Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
- 0.04 0.05 0.04

Industrial Minerals Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-Equity Get a 7-Day Free Trial 0.05 0.05 0.03 0.04 N/A

Competitive Comparison of Industrial Minerals's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Industrial Minerals'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.

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

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

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


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Industrial Minerals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Industrial Minerals'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
=(0.036 + 0.069) / 2.802
=0.04

Industrial Minerals'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 + 0) / 0
=N/A

* 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.

Industrial Minerals  (ASX:IND) 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.

Industrial Minerals Debt-to-Equity Related Terms

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

Industrial Minerals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Industrial Minerals Ltd (ASX:IND) » Definitions » Debt-to-Equity
Comparable Companies
ASX:FBM ASX:FRB ASX:HIO ASX:FHS ASX:CXU ASX:GT1 ASX:PEC ASX:MGL ASX:G11 ASX:ENV ASX:BHP ASX:RIO LSE:RIO SAU:1211 LSE:GLEN MEX:GMEXICOB BSP:VALE3 LSE:AAL ASX:FMG BOM:500188
Traded in Other Exchanges
N/A
Address
460 Stirling Highway, Peppermint Grove, Unit 20, Perth, WA, AUS, 6011
Website
https://www.industmin.com
Industrial Minerals Ltd is a company engaged in exploring and developing industrial minerals. Its projects include the Stockyard High Purity Silica Sand (HPSS) Project: The project is targeting high purity silica sand across predominantly cleared private land with no native title implications and has an Indicated and Inferred Mineral. Albany HPSS Project: The Albany HPSS Project is located in southwestern Western Australia. Pippingarra Quarry Project: The Pippingarra Project is prospective for High Purity Quartz (HPQ) and lithium and is located near some of the hardest rock lithium mines. Mukinbudin Quartz-Feldspar Project: Mukinbudin consists of a microcline feldspar deposit within a simple, zoned, feldspar-muscovite-quartz pegmatite, similar to IND's Pippingarra Quarry Project.

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