Lode Resources (ASX:LDR) Debt-to-Equity : 0.00 (As of Dec. 2024)

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What is Lode Resources Debt-to-Equity?

Lode Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.02 Mil. Lode Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Lode Resources's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$12.26 Mil. Lode Resources'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 Lode Resources's Debt-to-Equity or its related term are showing as below:

During the past 4 years, the highest Debt-to-Equity Ratio of Lode Resources was 0.01. The lowest was 0.00. And the median was 0.01.

ASX:LDR'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.

Lode Resources Debt-to-Equity Historical Data

The historical data trend for Lode 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.

* Premium members only.

Lode Resources Debt-to-Equity Chart

Lode Resources Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

0.01

Lode Resources Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			-	-	0.01	0.01	-

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

For the Other Precious Metals & Mining subindustry, Lode 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.

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

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

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

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Lode Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lode 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
	=	(0.035	+	0.002)	/	7.784
	=	0.00

Lode 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
	=	(0.021	+	0)	/	12.255
	=	0.00

Lode Resources (ASX:LDR) 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.

Lode Resources Debt-to-Equity Related Terms

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Lode Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Margaret Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.loderesources.com

Lode Resources Ltd is a junior exploration company. It owns Webbs Consol Silver project, Uralla Gold project, Fender Copper project, Elsinore Copper project, Thor and Tea Tree Gold project located in the New England Fold Belt in Northern NSW.