Krakatoa Resources (ASX:KTA) Debt-to-Equity : 0.02 (As of Dec. 2024)

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What is Krakatoa Resources Debt-to-Equity?

Krakatoa Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.03 Mil. Krakatoa Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Krakatoa Resources's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$1.75 Mil. Krakatoa Resources's debt to equity for the quarter that ended in Dec. 2024 was 0.02.

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 Krakatoa Resources's Debt-to-Equity or its related term are showing as below:

ASX:KTA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.11
Current: 0.02

During the past 12 years, the highest Debt-to-Equity Ratio of Krakatoa Resources was 0.11. The lowest was 0.02. And the median was 0.03.

ASX:KTA's Debt-to-Equity is ranked better than
84.41% of 1238 companies
in the Metals & Mining industry
Industry Median: 0.14 vs ASX:KTA: 0.02

Krakatoa Resources Debt-to-Equity Historical Data

The historical data trend for Krakatoa 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.

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Krakatoa Resources Debt-to-Equity Chart

Krakatoa Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.11

0.04

Krakatoa Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															-	0.11	0.03	0.04	0.02

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

For the Gold subindustry, Krakatoa 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.

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

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

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

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Krakatoa Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Krakatoa Resources'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
	=	(0.062	+	0.006)	/	1.615
	=	0.04

Krakatoa Resources'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
	=	(0.027	+	0)	/	1.754
	=	0.02

Krakatoa Resources (ASX:KTA) 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.

Krakatoa Resources Debt-to-Equity Related Terms

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Krakatoa Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Krakatoa Resources Ltd (ASX:KTA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

216 Street Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000

Website

https://www.ktaresources.com

Krakatoa Resources Ltd is engaged in the acquisition and exploration of resource-based projects. The company currently holds an interest in Belgravia Project; Turon Gold Project; King Tamba; Rand Gold Project and Mt Clere Project.