Metal Hawk (ASX:MHK) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Metal Hawk Debt-to-Equity?

Metal Hawk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.04 Mil. Metal Hawk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.03 Mil. Metal Hawk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$12.03 Mil. Metal Hawk's debt to equity for the quarter that ended in Dec. 2023 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 Metal Hawk's Debt-to-Equity or its related term are showing as below:

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

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

ASX:MHK's Debt-to-Equity is ranked better than
99.92% of 1303 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ASX:MHK: 0.01

Metal Hawk Debt-to-Equity Historical Data

The historical data trend for Metal Hawk'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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Metal Hawk Debt-to-Equity Chart

Metal Hawk Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.01

Metal Hawk Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-	-	0.01	0.01	0.01

Competitive Comparison of Metal Hawk's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Metal Hawk'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.

Metal Hawk's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

Metal Hawk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Metal Hawk's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 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
	=	(0.038	+	0.052)	/	8.821
	=	0.01

Metal Hawk's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(0.039	+	0.032)	/	12.029
	=	0.01

Metal Hawk (ASX:MHK) 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.

Metal Hawk Debt-to-Equity Related Terms

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

Metal Hawk (ASX:MHK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metal Hawk Ltd (ASX:MHK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Kings Park Road, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.metalhawk.com.au

Metal Hawk Ltd is a West Australian mineral exploration company. It is focused on the early-stage discovery of gold and nickel sulphides. The company's projects include Eastern Goldfields and Albany Fraser orogen.