Unico Silver (ASX:USL) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Unico Silver Debt-to-Equity?

Unico Silver's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Unico Silver's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Unico Silver's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$8.70 Mil. Unico Silver's debt to equity for the quarter that ended in Dec. 2023 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 Unico Silver's Debt-to-Equity or its related term are showing as below:

ASX:USL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.02
Current: 0.02

During the past 7 years, the highest Debt-to-Equity Ratio of Unico Silver was 0.02. The lowest was 0.01. And the median was 0.02.

ASX:USL's Debt-to-Equity is ranked better than
83.02% of 1313 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ASX:USL: 0.02

Unico Silver Debt-to-Equity Historical Data

The historical data trend for Unico Silver'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.

Unico Silver Debt-to-Equity Chart

Unico Silver Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.01

0.02

Unico Silver Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.02	0.02	0.02	0.02	-

Competitive Comparison of Unico Silver's Debt-to-Equity

For the Silver subindustry, Unico Silver'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.

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

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

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

Unico Silver Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Unico Silver'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
	=	(0.048	+	0.123)	/	10.039
	=	0.02

Unico Silver'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	+	0)	/	8.698
	=	0.00

Unico Silver (ASX:USL) 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.

Unico Silver Debt-to-Equity Related Terms

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

Unico Silver (ASX:USL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Pirie Street, Level 3, Adelaide, SA, AUS, 5000

Website

https://www.unicosilver.com.au

Unico Silver Ltd is a growth-orientated silver development company. Its flagship Cerro Leon project is located in the mining friendly Santa Cruz province of Argentina.

Unico Silver (ASX:USL) Headlines

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