Matsa Resources (ASX:MAT) Debt-to-Equity : 0.35 (As of Dec. 2024)

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What is Matsa Resources Debt-to-Equity?

Matsa Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$5.01 Mil. Matsa Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Matsa Resources's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$14.47 Mil. Matsa Resources's debt to equity for the quarter that ended in Dec. 2024 was 0.35.

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

ASX:MAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.26 Max: 0.43
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of Matsa Resources was 0.43. The lowest was 0.00. And the median was 0.26.

ASX:MAT's Debt-to-Equity is ranked worse than
66.64% of 1238 companies
in the Metals & Mining industry
Industry Median: 0.14 vs ASX:MAT: 0.35

Matsa Resources Debt-to-Equity Historical Data

The historical data trend for Matsa 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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Matsa Resources Debt-to-Equity Chart

Matsa Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.27

0.29

0.34

0.43

Matsa 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															0.26	0.34	0.41	0.43	0.35

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

For the Gold subindustry, Matsa 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.

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

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

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

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Matsa Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Matsa 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
	=	(1.595	+	3.989)	/	12.989
	=	0.43

Matsa 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
	=	(5.008	+	0)	/	14.468
	=	0.35

Matsa Resources (ASX:MAT) 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.

Matsa Resources Debt-to-Equity Related Terms

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Matsa Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

KB2:Germany

Address

139 Newcastle Street, Suite 11, Perth, WA, AUS, 6000

Website

https://www.matsa.com.au

Matsa Resources Ltd engages in the operation of mineral exploration. It focuses on gold in Western Australia and lithium and base metals assets located in Thailand. The Company's main asset is the Lake Carey Gold Project which includes the near-term development Devon gold project and the Red October and Fortitude North exploration projects. It operates through the Australia and Thailand geographical segments, out of which it derives maximum revenue from Australia.