Metals Australia (ASX:MLS) Debt-to-Equity : 0.00 (As of Dec. 2024)

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What is Metals Australia Debt-to-Equity?

Metals Australia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Metals Australia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Metals Australia's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$34.51 Mil. Metals Australia'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 Metals Australia's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Metals Australia was 0.11. The lowest was 0.02. And the median was 0.03.

ASX:MLS'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.

Metals Australia Debt-to-Equity Historical Data

The historical data trend for Metals Australia'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.

Metals Australia Debt-to-Equity Chart

Metals Australia Annual Data

Trend

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Jun24

Debt-to-Equity

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Metals Australia 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															-	-	-	-	-

Competitive Comparison of Metals Australia's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Metals Australia'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.

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

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

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

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Metals Australia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Metals Australia'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	+	0)	/	34.6
	=	0.00

Metals Australia'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	+	0)	/	34.507
	=	0.00

Metals Australia (ASX:MLS) 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.

Metals Australia Debt-to-Equity Related Terms

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

Metals Australia Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Parliament Place, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.metalsaustralia.com.au

Metals Australia Ltd is engaged in the exploration of mineral deposits in Australia and Africa. It explores Manindi Lithium, base metals, and gold. The company holds interests in the Manindi Zinc Project, Quebec Lithium Project, Lac Rainy Nord Graphite Project, and others. Its geographical segment includes Australia and Canada.

Metals Australia Headlines

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