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Mamba Exploration (ASX:M24) Debt-to-Equity : 0.01 (As of Dec. 2024)


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What is Mamba Exploration Debt-to-Equity?

Mamba Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.02 Mil. Mamba Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.04 Mil. Mamba Exploration's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$5.37 Mil. Mamba Exploration's debt to equity for the quarter that ended in Dec. 2024 was 0.01.

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 Mamba Exploration's Debt-to-Equity or its related term are showing as below:

ASX:M24' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.01
Current: 0.01

During the past 3 years, the highest Debt-to-Equity Ratio of Mamba Exploration was 0.01. The lowest was 0.00. And the median was 0.01.

ASX:M24's Debt-to-Equity is ranked better than
99.92% of 1238 companies
in the Metals & Mining industry
Industry Median: 0.14 vs ASX:M24: 0.01

Mamba Exploration Debt-to-Equity Historical Data

The historical data trend for Mamba Exploration'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.

Mamba Exploration Debt-to-Equity Chart

Mamba Exploration Annual Data
Trend Jun22 Jun23 Jun24
Debt-to-Equity
0.01 0.01 -

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

Competitive Comparison of Mamba Exploration's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Mamba Exploration'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.


Mamba Exploration's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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


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Mamba Exploration Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mamba Exploration's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Mamba Exploration's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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.


Mamba Exploration  (ASX:M24) 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.


Mamba Exploration Debt-to-Equity Related Terms

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


Mamba Exploration Business Description

Traded in Other Exchanges
N/A
Address
25 Richardson Street, Level 2, Perth, WA, AUS, 6005
Mamba Exploration Ltd is engaged in the exploration of nickel, copper, and gold. The company operates in a two geographical segment, Australia and Canada. The company has focus on its mineral exploration assets in the Ashburton/Gascoyne, Kimberley, Darling Range, Hyden, and Great Southern regions of Western Australia. company has one reportable business segment, being the exploration for nickel, copper, gold and uranium. The projects includes Hyden REE Project, Kimberley Project, Ashburton Project and Calyerup Creek Project.

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