Pioneer Lithium (ASX:PLN) Debt-to-Equity : 0.04 (As of Dec. 2024)

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What is Pioneer Lithium Debt-to-Equity?

Pioneer Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.09 Mil. Pioneer Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.04 Mil. Pioneer Lithium's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$3.41 Mil. Pioneer Lithium's debt to equity for the quarter that ended in Dec. 2024 was 0.04.

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 Pioneer Lithium's Debt-to-Equity or its related term are showing as below:

ASX:PLN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.04
Current: 0.04

During the past 1 years, the highest Debt-to-Equity Ratio of Pioneer Lithium was 0.04. The lowest was 0.03. And the median was 0.04.

ASX:PLN's Debt-to-Equity is ranked better than
72.4% of 1239 companies
in the Metals & Mining industry
Industry Median: 0.14 vs ASX:PLN: 0.04

Pioneer Lithium Debt-to-Equity Historical Data

The historical data trend for Pioneer Lithium'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.

Pioneer Lithium Debt-to-Equity Chart

Pioneer Lithium Annual Data

Trend

Jun24

Debt-to-Equity

0.03

Pioneer Lithium Semi-Annual Data
	Dec23	Jun24	Dec24
Debt-to-Equity	0.04	0.03	0.04

Competitive Comparison of Pioneer Lithium's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Pioneer Lithium'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.

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

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

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

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Pioneer Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pioneer Lithium'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
	=	(0.055	+	0.071)	/	3.943
	=	0.03

Pioneer Lithium'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
	=	(0.088	+	0.041)	/	3.411
	=	0.04

Pioneer Lithium (ASX:PLN) 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.

Pioneer Lithium Debt-to-Equity Related Terms

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

Pioneer Lithium Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

108 Saint Georges Terrace, Level 50, Perth, WA, AUS, 6000

Website

https://www.pioneerlithium.com.au

Pioneer Lithium Ltd is an exploration company focused on building a critical minerals company, through the identification of geological opportunities and the exploration for critical minerals and other battery metals and chemicals. It projects include LaGrande Project; Benham Project; Lauri Lake Project and Verde Valor Project.

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